Analysts’ recommendations and target price
Currently, analysts’ 12-month average target price for AT&T (T) stock is $33.85, which reflects an upside of 7.8% to the stock price on March 26. Among the 31 analysts covering AT&T, 16 recommended a “buy,” 13 recommended a “hold,” and two recommended a “sell.”
On March 26, AT&T closed at $31.39, which was 2.0% higher than the previous closing price, 17.1% higher than its 52-week low of $26.80, and 13.7% lower than its 52-week high of $36.39. The company’s market cap is $228.7 billion.
Based on the closing price on March 26, AT&T has reported returns of 2.3% in the last five trading days, 0.5% in the trailing one-month period, and -9.5% in the trailing 12-month period. The company has reported returns of 10.0% year-to-date.
Revenue and EPS estimates
Analysts expect AT&T’s revenues to see YoY (year-over-year) changes of 18.7% to $45.15 billion in the first quarter, 15.3% to $44.96 billion in the second quarter, -0.1% to $45.71 billion in the third quarter, and 0.1% to $48.06 billion in the fourth quarter. Analysts also expect AT&T’s adjusted EPS to see YoY changes of 1.2% to $0.86 in the first quarter, -2.2% to $0.89 in the second quarter, 4.4% to $0.94 in the third quarter, and 3.5% to $0.89 in the fourth quarter.