AT&T Inc. (NYSE:T) soared 1.28% during previous trade, a total of 25.73M shares exchanged hands compared with its average trading volume of 22.81M shares whereas its relative volume is 1.33. The stock has a market capitalization of $228.86B along with 6.15B outstanding shares. Stock’s intraday price range hit the peak level of $38.14 and touched the lowest level of $37.46.
Most recently AT&T Inc. (NYSE:T)’s price target was revised on 5/17/17 and according to 21 analysts stock’s price will reach at $41.52 during 52 weeks with standard deviation of 2.39. Stock’s minimum price target estimates has been figured out at $23 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 26% from its latest closing price of $37.95.
Historically, if we look at price target revisions, two weeks ago AT&T Inc. (NYSE:T)’s price target was revised on 04/26/17 by the analysts, however the bullish price estimates of the stock set at $48 while the bearish estimates kept at $40 over the next one year. Stock’s 52-week target was retained at $42.84, the estimates indicates a standard deviation of 2.37.
While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.42. ABR value is precisely based on brokerage recommendations, where out of 19 brokerage recommendations 5 rate AT&T Inc. (NYSE:T) stock a Strong Buy, 1 rate the stocks of the company a Buy, 13 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 5/9/17 the stock of AT&T Inc. (NYSE:T) upgraded by Tigress Financial from Underperform to Neutral. However previously on 12/12/16 it was upgraded by Robert W. Baird from Neutral to Outperform. A research note issued on 11/8/16 the stock was downgraded by Oppenheimer from Outperform to Perform.
AT&T Inc. (NYSE:T) performance over the past one year soared 2.19% whereas its year to date (YTD) performance indicated a bearish trend of -9.73%. During the last six months the stock climbed 4.41%. Quarterly performance of the company shows declining momentum of -8% while its last one month trend is negative with -5.71%. Stock’s weekly performance expressed down trend of -1.27%.
The company’s price sits -6.22% below from its 50-day moving average of $36.69 and -5.35% below from the stock’s 200-day moving average which is $40.43. AT&T Inc. (NYSE:T)’s shares are currently trading -11.12% away from the 52-week high price of $42.70 and +6.35% far from the 52-week low price of $35.69.
According to consensus agreement of 21 analysts AT&T Inc. (NYSE:T) will report earnings per share of $0.74 in their quarterly report and it is expected to announce the company’s results on 7/20/17. For the current quarter the company has high EPS estimates of $0.78 in contradiction of low EPS estimates of $0.71. However a year ago for the same quarter the company has reported $0.72 EPS. Current year EPS projections for AT&T Inc. (NYSE:T) set at $2.91 according to the sentiments of 27 analysts, while its lowest earnings estimates are $2.74 and highest earnings estimates are $3.03.
According to 18 analysts, AT&T Inc. (NYSE:T)’s revenue estimates for the current quarter are $39.85B meanwhile the company has high revenue estimates of $40.75B in contradiction of low revenue estimates of $39.13B. For the current year the company’s revenue estimates are $161.43B compared to low analyst estimates of $159.08B and high estimates of $164.62B according to the projection of 25 analysts.