Company Update (NYSE:T): AT&T To Hire 20,000 By The End Of The Decade

[Benzinga] – AT&T Inc. (NYSE: T ) revealed that it intended to hire an additional ten thousand veterans. That would take the total hiring of veterans to 20,000 by the end of the current decade. According to the company, … Read more on this. AT&T, Inc. (T) , currently valued at $238.21B, opened at $38.94. A quick look at the market, the company’s stock traded between $38.66 and $38.99 with the price of the stock fluctuating between $30.97 to $39.72 over the last 52 weeks. T shares are currently priced at 13.59x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.71x forward p/e ratio. The company pays shareholders $1.92 per share in dividend income per year, for a current yield of 4.95%. Consensus earnings for the current quarter by the 24 sell-side analysts covering the stock is an estimate of $0.72 per share, which would be $0.03 better than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.86 is a $0.15 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $40.73 Billion. If reported, that would be a 23.35% increase over the year-ago quarter. Recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. Investors should keep in mind is that the average price target is $39.55, which is 1.57% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Company Update (NYSE:T): AT&T Push Into Mexico Vs. America Movil Looking Good So Far Company Update (NYSE:T): AT&T Enhances Home Internet Experience Company Update (NYSE:T): AT&T, Comcast Could Add Pay-TV Subscribers In 2016