Stock Update (NYSE:T): AT&T to Webcast Keynote at Citi Conference on January 6

[Business Wire] – AT&T* will webcast a keynote address at the Citi 2016 Global Internet, Media & Telecommunications Conference in Las Vegas, on Wednesday, January 6 at 8:00 a.m. PT. The webcast will be available live and for replay at AT&T Investor Relations. Read more on this. AT&T, Inc. (T) , currently valued at $213.72B, started trading this morning at $34.93. Shares have traded today between $34.68 and $34.95 per share with its 52-week range being $30.97 to $36.45. T shares are currently priced at 12.99x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.57x earnings multiple for the same period. And for passive income investors, the company pays shareholders $1.92 per share annually in dividends, yielding 5.58%. According to a consensus of 24 analysts, the earnings estimate of $0.63 per share would be $0.08 better than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.69 is a $0.18 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $42.77 Billion. If reported, that would be a 24.19% increase over the year-ago quarter. More recently, Citigroup upgraded T from Neutral to Buy (Sep 2, 2015). Previously, Buckingham Research Initiated T at to Buy. Investors should keep in mind is that the average price target is $37.04, which is 6.04% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T to Webcast Keynote by Ralph de la Vega at Wells Fargo Conference on November 11 Market Update (NYSE:T): AT&T to Webcast Keynote by John Stephens at Goldman Sachs Conference on September 16 Stock Update: AT&T Inc (NYSE:T) – AT&T to Webcast Keynote by John Finnegan at Oppenheimer Conference on August 11
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