Stock Update: AT&T Inc (NYSE:T) – Geoffrey Y. Yang Joins AT&T Board of Directors

[Business Wire] – AT&T Inc. has appointed Geoffrey Yang to its Board of Directors. Mr. Yang is a founding partner and managing director of venture capital firm Redpoint Ventures. He will serve on the company’s Corporate Development and Finance Committee. Read more on this. AT&T, Inc. (T) , valued at $256.66B, started trading this morning at $41.45. During the trading session, T traded between $41.30 to $42.23 with a one year range of $30.97 to $42.23. T shares are currently priced at 14.64x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 21.24x earnings multiple. The company pays shareholders $1.92 per share annually in dividends, yielding 4.67%. According to a consensus of 24 analysts, the earnings estimate of $0.72 per share would be $0.03 better than the year-ago quarter and a $0.01 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 predicated on a consensus revenue forecast of $40.75 Billion. If reported, that would be a 23.41% increase over the year-ago quarter. Recently, Macquarie Initiated T at Outperform (Apr 5, 2016). Previously, Deutsche Bank Initiated T at to Buy. The average price target for T shares is $39.56, which is 4.56% below where the stock opened this morning. See more in (NYSE:T) Similar Articles: Company Update (NYSE:T): Virtustream Joins AT&T NetBond® Ecosystem Stock Update (NYSE:T): AT&T Stock to Trade Ex-Dividend (T) Market Update: CenturyLink Inc (NYSE:CTL) – CenturyLink announces changes to board of directors
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