Stock Update: AT&T Inc (NYSE:T) – AT&T Alliance Channel Unveils New Growth Opportunities for Solution Providers

[PR Newswire] – DALLAS, March 22, 2016 /PRNewswire/ — The AT&T* Alliance Channel is giving solution providers more sales opportunities. With access to the AT&T Network on Demand platform, solution providers can help businesses move faster. “With a growing portfolio of products at their fingertips, solution providers can have broader conversations with customers. Read more on this. AT&T, Inc. (T) , valued at $239.11B, started the session at $38.90. Today, shares have traded between $38.78 and $38.95 per share with the price of the stock fluctuating between $30.97 to $39.26 over the last 52 weeks. T shares are currently priced at 13.66x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 17.73x 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 4.98%. 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 $0.02 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 based on a consensus revenue forecast of the current quarter of $41.24 Billion. If realized, that would be a 26.58% increase over the year-ago quarter. Recently, Deutsche Bank Initiated T at Buy (Feb 24, 2016). Previously, DA Davidson Initiated T at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $37.77, which is 2.90% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update (NYSE:T): AT&T (T) Stock Up, Migrating Most Applications to Cloud in 2016 Stock Update (NYSE:T): AT&T Unveils New Way To Mobilize And Grow Your Business With AT&T Collaborate™ Market Update (NYSE:T): Intel, AT&T Set Alliance For High-Altitude Drones
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