Stock Update: AT&T Inc (NYSE:T) – AT&T Names New Vice President and General Manager in New England

[PR Newswire] – BOSTON, March 31, 2016 /PRNewswire/ — AT&T* welcomes industry veteran Janna Ducich to manage mobility and consumer markets in New England effective April 1, 2016. Ducich will oversee the sales and operations … Read more on this. AT&T, Inc. (T) , currently valued at $242.85B, started trading this morning at $39.42. Looking at the equity, the company’s one day range is $39.39 to $39.57 with the price of the stock fluctuating between $30.97 to $39.72 over the last 52 weeks. T shares are currently priced at 13.81x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.05x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $1.92 per share annually in dividends, yielding 4.91%. According to a consensus of 23 analysts, the earnings estimate of $0.69 per share would be $0.06 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $2.85 which would be a $0.14 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $40.96 Billion. If reported, that would be a 25.72% increase over the year-ago quarter. In terms of ratings, Deutsche Bank Initiated T at Buy (Feb 24, 2016). Previously, DA Davidson Initiated T at to Buy. Investors should keep in mind is that the average price target is $38.04, which is 3.50% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Stock Update (NYSE:T): AT&T to Release First-Quarter 2016 Earnings April 26, 2016 Stock Update (NYSE:T): AT&T (T) Stock Up, Migrating Most Applications to Cloud in 2016 Company Update (NASDAQ:CMCSA): Comcast Cable Appoints Michael Parker Senior Vice President of the Western New England Region
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