AT&T Inc. (NYSE:T) registered a 0.57% increase, still its new closing price is 26.18% up from the company’s 1 year high of 42.54.It posted 1.35% gains in previous 5 sessions and is now the subject of 15 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 6 buy or better ratings. The 27 stock analysts following this company have an average price target at $42.15, with individual PT in the $26.00-$48.00 range. The shares moved at $42.01, implying that brokerage firms see shares gaining about 23.94% in twelve months time.
AT&T Inc. (T) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -0.07% fall year to date. A Director at AT&T Inc. (T) acquired shares in a transaction closed on Tuesday October 25, 2016. YANG GEOFFREY Y bought 27,129 shares in the company at $36.91 each and collected $1,001,000 in proceeds. YANG GEOFFREY Y now owns 27,129 shares in the company after this transaction. A CEO?AT&T Entertainment Group in the company, STANKEY JOHN T, disclosed a transaction on Friday July 22, 2016 that ended up generating $92,000 from the sale of 2,131 shares at $43.38 per share.
AT&T Inc. (NYSE:T) Upcoming Results on Tap
AT&T Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.75 in that period. Sales during the quarter are predicted to arrive at $40.98 billion.
Earnings surprise history: Last quarter, the company posted approximately $41.84 billion in revenue and EPS of $0.66. The mean forecast was for $42.04 billion and $0.66 a share, respectively. One quarter earlier, revenue for the stock was at $40.89 billion, with earnings at $0.74/share.
AT&T Inc. (T) Brokerage Update
AT&T Inc. (T) is in Robert W. Baird’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Neutral by Robert W. Baird, according to news reported on Monday December 12, 2016.Another important research note was issued by Oppenheimer on Tuesday November 08, 2016.The firm downgraded T to Perform from Outperform. Over the last six months and over the last three months, the shares of AT&T Inc. (T), have changed 1.02% and 16.66%, respectively.