1 week Ago By ABMN Staff
AT&T Inc. ( NYSE:T – Get Free Report ) has received an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company.
The average 12-month target price among analysts that have issued ratings on the stock in the last year is $22.06. A number of research analysts have weighed in on T shares.
Barclays raised their price objective on shares of AT&T from $20.00 to $22.00 and gave the company an “overweight” rating in a research note on Thursday, July 25th.
Royal Bank of Canada upped their price target on shares of AT&T from $18.00 to $19.00 and gave the company a “sector perform” rating in a research note on Thursday, July 25th.
Deutsche Bank Aktiengesellschaft lifted their target price on AT&T from $24.00 to $26.00 and gave the company a “buy” rating in a report on Friday, June 28th.
Oppenheimer upped their price target on shares of AT&T from $21.00 to $23.00 and gave the stock an “outperform” rating in a report on Thursday, July 25th.
Finally, TD Cowen lifted their target price on shares of AT&T from $21.00 to $23.00 and gave the company a “hold” rating in a research report on Thursday, July 25th.
Read Our Latest Stock Report on T Institutional Trading of AT&T AT&T Trading Up 1.5 % T opened at $20.97 on Thursday.
The stock has a market cap of $150.36 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 3.
47 and a beta of 0.59. The company has a quick ratio of 0.
66, a current ratio of 0.70 and a debt-to-equity ratio of 1.05.
The company has a fifty day moving average of $19.31 and a 200-day moving average of $18.01.
AT&T has a twelve month low of $14.12 and a twelve month high of $21.00.
AT&T ( NYSE:T – Get Free Report ) last issued its earnings results on Wednesday, July 24th. The technology company reported $0.57 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.
57. AT&T had a net margin of 10.41% and a return on equity of 14.
16%. The business had revenue of $29.80 billion for the quarter, compared to analyst estimates of $30.
05 billion. During the same period in the prior year, the firm earned $0.63 earnings per share.
AT&T’s revenue was down .3% on a year-over-year basis. On average, sell-side analysts predict that AT&T will post 2.
22 EPS for the current year. AT&T Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Thursday, August 1st. Investors of record on Wednesday, July 10th were issued a dividend of $0.
2775 per share. The ex-dividend date was Wednesday, July 10th. This represents a $1.
11 dividend on an annualized basis and a yield of 5.29%. AT&T’s dividend payout ratio is currently 59.
68%. About AT&T ( Get Free Report AT&T Inc provides telecommunications and technology services worldwide. The company operates through two segments, Communications and Latin America.
The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. Featured Stories Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter .
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