AT&T (NYSE:T - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.970-2.070 for the period, compared to the consensus estimate of 2.080. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on T. Williams Trading set a $30.00 price target on shares of AT&T in a research note on Thursday, April 24th. Wells Fargo & Company increased their price target on shares of AT&T from $27.00 to $30.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. StockNews.com upgraded shares of AT&T from a "hold" rating to a "buy" rating in a research note on Friday, April 25th. Sanford C. Bernstein increased their price target on shares of AT&T from $28.00 to $29.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of AT&T from $28.00 to $31.00 and gave the stock an "overweight" rating in a research note on Thursday, April 24th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $28.71.
Check Out Our Latest Analysis on T
AT&T Price Performance
Shares of T traded down $0.32 during trading hours on Wednesday, reaching $27.47. The company had a trading volume of 29,677,827 shares, compared to its average volume of 36,763,053. The firm has a 50 day simple moving average of $27.26 and a 200-day simple moving average of $25.00. The company has a current ratio of 0.66, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $197.63 billion, a price-to-earnings ratio of 18.43, a PEG ratio of 3.00 and a beta of 0.42. AT&T has a 12-month low of $17.11 and a 12-month high of $29.03.
AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The technology company reported $0.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by ($0.01). The company had revenue of $30.63 billion during the quarter, compared to analysts' expectations of $30.39 billion. AT&T had a net margin of 8.95% and a return on equity of 13.97%. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 EPS. Research analysts expect that AT&T will post 2.14 earnings per share for the current year.
AT&T Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 1st. Shareholders of record on Thursday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.04%. AT&T's dividend payout ratio (DPR) is currently 68.10%.
Hedge Funds Weigh In On AT&T
An institutional investor recently raised its position in AT&T stock. Brighton Jones LLC lifted its position in shares of AT&T Inc. (NYSE:T - Free Report) by 26.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,579 shares of the technology company's stock after buying an additional 10,188 shares during the quarter. Brighton Jones LLC's holdings in AT&T were worth $1,106,000 at the end of the most recent quarter. Institutional investors and hedge funds own 57.10% of the company's stock.
AT&T Company Profile
(
Get Free Report)
AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider AT&T, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&T wasn't on the list.
While AT&T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
