uploads///Telecom ATT Q Analysts Recommendations

Has the Crash Created an Opportunity for AT&T’s Investors?



Analysts on AT&T stock

On January 3, AT&T (T) had “buy” ratings from 15 out of 31 analysts and “hold” ratings from 14 analysts. Two analysts had “sell” ratings on the stock. AT&T stock has fallen ~21.4% in the trailing-12-month period and risen ~3.6% year-to-date.

Based on the stock’s January 3 price of $29.58, analysts’ consensus target price of $34.36 implies that the stock has the potential to rise ~16.2% over the next 12 months.

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Analysts’ revenue expectations

Analysts expect AT&T to post revenue of $48.5 billion in the fourth quarter to take its total revenue for 2018 to $171.2 billion, a ~6.5% rise from $160.8 billion in 2017. Analysts expect the company’s revenue to rise ~8.2% YoY (year-over-year) to $185.3 billion in 2019.

In comparison, Verizon’s (VZ) revenue is expected to rise ~1.2% YoY to $34.4 billion in the fourth quarter, while T-Mobile’s (TMUS) revenue is expected to rise ~5.6% YoY to $11.4 billion. Sprint’s (S) revenue is expected to rise ~2.3% YoY to $8.4 billion in the third quarter of fiscal 2018, which ended in December.


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