Market Update: AT&T Inc (NYSE:T) – AT&T Launches Next Generation IP Network Service For 9-1-1

[PR Newswire] – DALLAS, Feb. 29, 2016 /PRNewswire/ — AT&T * is helping 9-1-1 agencies upgrade their older 9-1-1 networks to IP technology. AT&T ESInet TM is a new service that provides public safety a state-of-the-art, … Read more on this. AT&T, Inc. (T) , currently valued at $228.76B, started the session at $37.12. Today, shares have traded between $37.02 and $37.26 per share with the price of the stock fluctuating between $30.97 to $37.50 over the last 52 weeks. AT&T (T) shares are currently priced at 13.03x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 15.14x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.92 per share annually in dividends, yielding 5.14%. According to a consensus of 21 analysts, the earnings estimate of $0.69 per share would be $0.06 better than the year-ago quarter and a $0.02 sequential decrease. The full-year EPS estimate is $2.85, which would be a $0.14 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $41.31 Billion. If realized, that would be a 26.80% increase over the year-ago quarter. Recently, Deutsche Bank Initiated T at Buy (Feb 24, 2016). Previously, DA Davidson Initiated T at to Buy. When considering if the stock is under or overvalued, the average price target is $37.63, which is 1.37% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update (NYSE:CTL): CenturyLink launches Houston metro fiber network for business customers Market Update (NYSE:VZ): Verizon launches sponsored data service Market Update (NYSE:T): AT&T releases new details on its U-Verse GigaPower fiber network service in San Antonio