Company Update (NYSE:T): AT&T Enhances Home Internet Experience

[PR Newswire] – “Today’s Internet speeds are faster than ever and we’re all using it to do more – streaming video, gaming, accessing the cloud or uploading videos and photos,” said Bob Bickerstaff, vice president of data and voice products for AT&T Entertainment Group. On May 23, we will introduce a new unlimited data option for our U-verse home Internet customers. AT&T customers who have only our U-verse home Internet service can add unlimited data for $30 more a month. Read more on this. AT&T, Inc. (T) , currently valued at $242.67B, opened at $39.13. Today’s price range has been between $38.95 and $39.60 per share with a trailing 52-week range being $30.97 to $39.60. Priced at 13.76x this year’s forecasted earnings, T shares are relatively inexpensive compared to the industry’s 18.05x forward p/e ratio. And for passive income investors, the company pays shareholders $1.92 per share annually in dividends, yielding 4.94%. Consensus earnings for the current quarter by the 23 sell-side analysts covering the stock is an estimate of $0.69 per share, which would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $2.84 would be a $0.13 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $41.10 Billion. If reported, 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 3.17% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Company Update: AT&T Inc (NYSE:T) – AT&T’s LG G5™ Smartphone And LG Watch Urbane 2nd Edition LTE Available March 21 Company Update (NYSE:T): AT&T, Comcast Could Add Pay-TV Subscribers In 2016 Company Update (NYSE:T): AT&T Inc. Announces Results of Early Tenders and Consents in Exchange Offers
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