Company Update: AT&T Inc (NYSE:T) – AT&T Aspire Opens Application For Ed-Tech Accelerator

[PR Newswire] – SAN FRANCISCO, Calif., Jan. 20, 2016 /PRNewswire/ — AT&T (NYSE: T) is calling on ed-tech ventures to apply for the AT&T Aspire Accelerator . The program is part of our $350 million commitment to empower … Read more on this. AT&T, Inc. (T) , valued at $208.86B, opened at $34.14. A quick look at the market, the company’s stock traded between $33.88 and $34.35 and has traded between $30.97 and $36.45 over the past 12 months. T shares are currently priced at 12.78x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 22.54x earnings multiple. The company pays shareholders $1.92 per share annually in dividends, yielding 5.60%. In a review of the consensus earnings estimate this quarter, 24 sell-side analysts are looking at $0.63 per share, which would be $0.08 better than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $2.70 which would be a $0.19 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $42.79 Billion. If reported, that would be a 24.25% increase over the year-ago quarter. More recently, Citigroup upgraded T from Neutral to Buy (Sep 2, 2015). Previously, Buckingham Research Initiated T at to Buy. With the above information in mind, readers should note that the average price target is $37.13, which is 8.76% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T (T) Stock Declines as FCC Opens Investigation Company Update (NYSE:T): AT&T, Inc. Just Made Some Big Moves to Fight Off T-Mobile Company Update (NYSE:T): AT&T (T) Stock Up on Latest DirecTV Promo