Stock Update (NYSE:T): AT&T 28 Days Pays Homage To Past And Present Black Trailblazers

[PR Newswire] – DALLAS, Jan. 19, 2016 /PRNewswire/ — AT&T* celebrates acclaimed actress, writer and activist Ruby Dee along with past and current black trailblazers with this year’s AT&T 28 Days throughout the month of February. AT&T 28 Days will honor those whose achievements uplift the community – from popular artists and ambassadors, to college presidents and business leaders. Dee began her career as an employee for an AT&T legacy company in 1943. Read more on this. AT&T, Inc. (T) , with a current market cap of $211.01B, began trading this morning at $34.21. Today, shares have traded between $34.16 and $34.39 per share with a one year range of $30.97 to $36.45. Priced at 12.59x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry’s 22.54x forward p/e ratio. The company pays shareholders $1.92 per share annually in dividends, yielding 5.60%. Consensus earnings for the current quarter by the 24 sell-side analysts covering the stock is an estimate of $0.63 per share, which would be $0.08 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.70 which would be a $0.19 better than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $42.82 Billion. If realized, that would be a 24.33% 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. The average price target for T shares is $37.13, which is 8.54% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T (T) Stock Rated ‘Buy’ at Nomura Company Update (NYSE:T): AT&T (T) Stock Up on Latest DirecTV Promo Stock Update (NYSE:T): AT&T, as new owner of DirecTV, offers TV-wireless discount
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