Company Update: AT&T Inc (NYSE:T) – New AT&T Plans Guarantee Pricing for 2 Years; Customers Can Save More Than 40% on a Triple Play

[PR Newswire] – DALLAS, April 11, 2016 /PRNewswire/ — Starting Friday, AT&T1 is rolling out new, two-year guaranteed pricing for new DIRECTV®, home Internet and digital home phone customers. You’ll get our DIRECTV SELECT™ All Included package for $50 a month, guaranteed for two years when you add it to an eligible new or existing AT&T service, like wireless or home Internet. When you have DIRECTV you can add home Internet service with speeds up to 6 megabits per second2 for an additional $30 a month. Read more on this. AT&T, Inc. (T) , valued at $237.47B, started trading this morning at $38.67. During the trading session, T traded between $38.42 to $38.69 with a one year range of $30.97 to $39.72. T shares are currently priced at 13.56x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 3.45x earnings multiple for the same period. The company pays shareholders $1.92 per share in dividend income per year, for a current yield of 4.98%. Consensus earnings for the current quarter by the 25 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 $0.01 sequential decrease. The full-year EPS estimate is $2.84 which would be a $0.13 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $40.82 Billion. If reported, that would be a 25.29% increase over the year-ago quarter. More recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $38.79, which is 0.31% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T Giving Free 48-Inch Samsung TV To New DirecTV And ‘Next’ Customers Company Update (NYSE:T): AT&T Enhances Home Internet Experience Market Update (NYSE:T): AT&T plans to sell linear TV ads using Web-like methods
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