Market Update (NYSE:T): AT&T Kicks Off Aspire Accelerator With 6 Leading Ed-Tech Startups

[PR Newswire] – SAN FRANCISCO, May 9, 2016 /PRNewswire/ — AT&T ( NYSE:T ) is working with 6 innovative ed-tech startups for the 2016 AT&T Aspire Accelerator class. The program is in its second year and is part of our $350 million commitment to help students succeed in school and beyond. The primary measure of success for the Aspire Accelerator is societal impact that the participating organizations create. Read more on this. AT&T, Inc. (T) , valued at $239.51B, started the session at $38.99. Today’s price range has been between $38.87 and $39.11 per share with a one year range of $30.97 to $39.72. T shares are currently priced at 13.63x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.71x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.92 per share annually in dividends, yielding 4.92%. 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. The full-year EPS estimate is $2.86, which would be a $0.15 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $40.73 Billion. If realized, that would be a 23.35% increase over the year-ago quarter. More recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. With the above information in mind, readers should note that the average price target is $39.55, which is 1.44% above where the stock opened this morning. See more in (NYSE:T) Similar Articles: Market Update: AT&T Inc (NYSE:T) – AT&T Giving Free 48-Inch Samsung TV To New DirecTV And ‘Next’ Customers Market Update (NYSE:T): Sprint Seen ‘Pulling Away’ From Prepaid As AT&T, T-Mobile Battle Company Update: AT&T Inc (NYSE:T) – AT&T Aspire Opens Application For Ed-Tech Accelerator