Market Update (NYSE:T): AT&T Launches Unprecedented Year-Long Program With Ten Influencers To Create Entertainment Series, Podcasts, Meet-Ups And Exclusive Experiences

[PR Newswire] – DALLAS and LOS ANGELES, Feb. 11, 2016 ­ /PRNewswire/ — AT&T announced today the launch of AT&T Hello Lab℠, a year-­long project featuring 10 digital creators at the forefront of mobile entertainment. AT&T Hello Lab marks an evolution of community-driven content from AT&T, moving toward an unprecedented, long-term commitment to co-creation in the influencer space. In collaboration with Fullscreen’s Strategic Content Group, AT&T Hello Lab will connect internet mega­-influencers to their communities through innovative content series, live experiences, albums, giveaways, podcasts and more. Read more on this. AT&T, Inc. (T) , valued at $222.34B, opened this morning at $36.06. Today, shares have traded between $36.03 and $36.35 per share with a one year range of $30.97 to $37.12. Priced at 13.02x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry ’s 22.33x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.92 per share annually in dividends, yielding 5.21%. According to a consensus of 20 analysts, the earnings estimate of $0.69 per share would be $0.06 better than the year-ago quarter and a $0.03 sequential decrease. The full-year EPS estimate is $2.85, which would be a $0.14 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $41.33 Billion. If reported, that would be a 26.86% increase over the year-ago quarter. Recently, DA Davidson Initiated T at Buy (Feb 4, 2016). Previously, Citigroup upgraded T from Neutral to Buy. The average price target for T shares by the analysts covering it is $37.42, which is 3.77% above where the stock opened. See more in (NYSE:T) Similar Articles: Stock Update (NYSE:TGT): Warner Bros. Consumer Products and DC Entertainment, In Partnership with Mattel, Join Forces with Target to Create a Powerful National Retail Program for DC Super Hero Girls Market Update (NYSE:VZ): Exclusive – Verizon launches auction to sell data centres – sources Company Update (NYSE:T): AT&T Signs Agreement With Entertainment Studios, New Networks to Be Added to Both U-verse and DIRECTV Platforms
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