AT&T Inc. (NYSE:T) during previous trade, a total of 21.52M shares exchanged hands compared with its average trading volume of 21.64M shares whereas its relative volume is 0.86. The stock has a market capitalization of $247.64B along with 6.14B outstanding shares. Stock’s intraday price range hit the peak level of $41.06 and touched the lowest level of $40.24.
Most recently AT&T Inc. (NYSE:T)’s price target was revised on 01/03/17 and according to 21 analysts stock’s price will reach at $41.43 during 52 weeks with standard deviation of 2.66. Stock’s minimum price target estimates has been figured out at $26 while the maximum price target forecast is established at $48, if we look at the price target with an optimistic approach it has upside potential of 18% from its latest closing price of $40.81.
Historically, if we look at price target revisions, three weeks ago AT&T Inc. (NYSE:T)’s price target was revised on 12/12/16 by the analysts, however the bullish price estimates of the stock set at $48 while the bearish estimates kept at $38 over the next one year. Stock’s 52-week target was retained at $42.80, the estimates indicates a standard deviation of 2.66.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.28. ABR value is precisely based on brokerage recommendations, where out of 18 brokerage recommendations 6 rate AT&T Inc. (NYSE:T) stock a Strong Buy, 1 rate the stocks of the company a Buy, 11 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 12/12/16 the stock of AT&T Inc. (NYSE:T) upgraded by Robert W. Baird from Neutral to Outperform. However previously on 11/8/16 it was downgraded by Oppenheimer from Outperform to Perform. A research note issued on 10/24/16 the stock was downgraded by Drexel Hamilton from Buy to Hold.
AT&T Inc. (NYSE:T) performance over the past one year soared 26.01% whereas its year to date (YTD) performance indicated a bearish trend of -2.93%. During the last six months the stock slipped -1.47%. Quarterly performance of the company shows optimistic momentum of -5.83% while its last one month trend is positive with 2.16%. Stock’s weekly performance expressed down trend of -4.03%.
The company’s price sits 4.53% above from its 50-day moving average of $40.96 and 4.11% above from the stock’s 200-day moving average which is $40.59. AT&T Inc. (NYSE:T)’s shares are currently trading -4.06% away from the 52-week high price of $42.54 and +27.97% far from the 52-week low price of $31.89.
According to consensus agreement of 21 analysts AT&T Inc. (NYSE:T) will report earnings per share of $0.66 in their quarterly report and it is expected to announce the company’s results on 1/25/17 After Market Close. For the current quarter the company has high EPS estimates of $0.68 in contradiction of low EPS estimates of $0.61. However a year ago for the same quarter the company has reported $0.63 EPS. Current year EPS projections for AT&T Inc. (NYSE:T) set at $2.84 according to the sentiments of 28 analysts, while its lowest earnings estimates are $2.78 and highest earnings estimates are $2.88.
According to 19 analysts, AT&T Inc. (NYSE:T)’s revenue estimates for the current quarter are $42.14B meanwhile the company has high revenue estimates of $42.97B in contradiction of low revenue estimates of $41.57B. For the current year the company’s revenue estimates are $164.21B compared to low analyst estimates of $163.52B and high estimates of $165.35B according to the projection of 27 analysts.