Stock Update: AT&T Inc (NYSE:T) – Bluegrass Commerce Park Designated As AT&T Fiber Ready

[PR Newswire] – LOUISVILLE, Ky., March 24, 2016 /PRNewswire/ — As part of AT&T’s* continuing efforts to drive economic development and investment in Kentucky, AT&T and representatives from the City of Jeffersontown and the Jeffersontown Chamber of Commerce today announced that the Bluegrass Commerce Park in Jeffersontown, Kentucky has been designated AT&T Fiber Ready. In today’s world, connectivity is vital to new employers and businesses of every type. Read more on this. AT&T, Inc. (T) , currently valued at $238.01B, opened this morning at $38.38. Looking at today’s market, T one day range is $38.38 to $38.70 and has traded between $30.97 and $39.26 over the past year. T shares are currently priced at 13.52x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 17.89x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.92 per share annually in dividends, yielding 4.93%. In a review of the consensus earnings estimate this quarter, 22 sell-side analysts are looking at $0.69 per share, which would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.85 is a $0.14 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $41.10 Billion. If realized, that would be a 26.15% 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 $37.89, which is 1.28% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update: AT&T Inc (NYSE:T) – Decatur County Industrial Parks Designated As AT&T Fiber Ready Stock Update (NYSE:T): Muscogee Technology Park Certified As AT&T Fiber Ready Market Update (NYSE:T): Mt. Sterling Industrial Park Designated As AT&T Fiber Ready
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