Market Update (NYSE:T): AT&T Employees Mentor 1 Million Hours, Surpassing Goal

[PR Newswire] – DALLAS, Jan. 13, 2016 /PRNewswire/ — In less than 4 years, AT&T* employees have provided 1 million hours of mentoring to students who need it the most. Announced in the fall of 2012, the objective was to impact the lives of students through 1 million hours of mentoring by the end of 2016. Employee mentors participate in the Aspire Mentoring Academy, a part of AT&T Aspire, the company’s signature philanthropic initiative to promote student success in school and beyond. Read more on this. AT&T, Inc. (T) , valued at $210.89B, opened at $34.01. Looking at the equity, the company’s one day range is $33.92 to $34.30 with a one year range of $30.97 to $36.45. T shares are currently priced at 12.56x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.45x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $1.92 per share annually in dividends, yielding 5.72%. According to a consensus of 25 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. In looking at the bigger picture, the full-year EPS estimate of $2.70 would be a $0.19 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $42.75 Billion. If reported, that would be a 24.13% increase over the year-ago quarter. In terms of ratings, Citigroup upgraded T from Neutral to Buy (Sep 2, 2015). Previously, Buckingham Research Initiated T at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $37.16, which is 9.26% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update (NYSE:WFC): Wells Fargo Employees Contribute over 2,000 Man-Hours for Volunteering Month Stock Update (NYSE:CCL): Carnival Reaches $5 Million Fundraising Goal For St. Jude Children’s Research Hospital® Two Years Ahead Of Schedule; Commits To Raising Another $10 Million Over Next 5 Years Market Update: AT&T Inc (NYSE:T) – What AT&T’s Acquisition Means Going Into Earnings
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