AT&T (NYSE:T – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 1.970-2.070 for the period, compared to the consensus EPS estimate of 2.050. The company issued revenue guidance of -.
AT&T Trading Up 1.8%
NYSE T opened at $29.43 on Wednesday. The firm’s 50 day moving average price is $28.24 and its two-hundred day moving average price is $27.68. The stock has a market cap of $210.44 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 3.57 and a beta of 0.44. AT&T has a twelve month low of $21.05 and a twelve month high of $29.79. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.81.
AT&T (NYSE:T – Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The technology company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. AT&T had a net margin of 10.29% and a return on equity of 13.36%. The business had revenue of $30.85 billion during the quarter, compared to analyst estimates of $30.44 billion. During the same quarter in the previous year, the business earned $0.51 EPS. AT&T’s quarterly revenue was up 3.4% compared to the same quarter last year. Equities analysts anticipate that AT&T will post 2.14 EPS for the current year.
AT&T Announces Dividend
Wall Street Analysts Forecast Growth
Several analysts have weighed in on T shares. The Goldman Sachs Group began coverage on shares of AT&T in a research note on Tuesday, September 2nd. They set a “buy” rating and a $32.00 price objective on the stock. UBS Group set a $32.00 target price on shares of AT&T in a research report on Thursday, September 4th. Citigroup reiterated a “buy” rating on shares of AT&T in a research report on Tuesday, August 26th. Bank of America initiated coverage on shares of AT&T in a research report on Monday, July 7th. They set a “buy” rating and a $32.00 target price on the stock. Finally, HSBC lowered shares of AT&T from a “buy” rating to a “hold” rating and set a $30.00 price objective on the stock. in a report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $30.60.
Get Our Latest Stock Analysis on AT&T
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osterweis Capital Management Inc. lifted its stake in shares of AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares during the last quarter. Lantern Wealth Advisors LLC acquired a new stake in shares of AT&T during the 2nd quarter worth about $230,000. Financial Advisors Network Inc. lifted its stake in shares of AT&T by 7.5% during the 2nd quarter. Financial Advisors Network Inc. now owns 8,000 shares of the technology company’s stock worth $232,000 after buying an additional 561 shares during the last quarter. Binnacle Investments Inc raised its stake in AT&T by 11.2% in the 2nd quarter. Binnacle Investments Inc now owns 9,239 shares of the technology company’s stock worth $267,000 after purchasing an additional 933 shares in the last quarter. Finally, WFA of San Diego LLC acquired a new stake in AT&T in the 2nd quarter worth about $272,000. Institutional investors own 57.10% of the company’s stock.
About AT&T
AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.
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