18 Apr

AT&T: Analysts’ Recommendations in April

WRITTEN BY Ambrish Shah

Ratings and target price

According to analysts’ consensus, AT&T (T) has a target price of $33.85 compared to its current market price of $32.25—an estimated rise of 5.0% over the next 12 months.

Among the 31 analysts tracking AT&T, 16 recommended a “buy,” 13 recommended a “hold,” and two recommended a “sell” as of April 16.

On April 16, AT&T closed at $32.25, which was 0.7% higher than its previous closing price, 20.3% higher than its 52-week low of $26.80, and 9.3% lower than its 52-week high of $35.54. The company’s market cap is $234.9 billion.

AT&T: Analysts’ Recommendations in April

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Based on AT&T’s closing price on April 16, the company has reported returns of 1.6% in the last five trading days, 5.2% in the trailing one-month period, and -9.5% in the trailing 12-month period. The company has reported returns of 13.0% year-to-date.

Revenue and EPS estimates

Analysts expect AT&T’s adjusted EPS to see YoY (year-over-year) changes of 1.2% to $0.86 in the first quarter, -1.1% to $0.90 in the second quarter, 5.6% to $0.95 in the third quarter, and 3.5% to $0.89 in the fourth quarter. Analysts also expect AT&T’s revenues to see YoY changes of 18.6% to $45.11 billion in the first quarter, 15.3% to $44.95 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.

Latest articles

German chip maker Infineon Technologies has reportedly raised 1.55 billion euros (~$1.74 billion) in capital by selling its shares to fund its acquisition of Cypress Semiconductor (CY). Infineon has sold ~113 million new shares at 13.70 euros each.

As of June 18, Dunkin’ Brands (DNKN) was trading at $80.07, an 8.9% rise since reporting its first-quarter earnings on May 2. Also, DNKN was trading at a premium of 29.8% from its 52-week low of $61.69 and a discount of 1.6% from its 52-week high of $81.40.

19 Jun

Are Lower Oil Prices Weighing on ExxonMobil Stock?

WRITTEN BY Maitali Ramkumar

ExxonMobil (XOM) stock has fallen 7.1% in the second quarter so far. Let's review ExxonMobil's stock performance in comparison to oil price changes and equity market movements in the quarter.

19 Jun

As Facebook Unveils Libra, MSFT and CRM Join a Blockchain Group

WRITTEN BY Mayur Sontakke, CFA, FRM

On June 18, Facebook (FB) launched Libra, its own cryptocurrency. On the same day, CoinDesk published another piece of blockchain news that didn’t receive as much fanfare as Facebook’s Libra news. Was the timing a coincidence? We think not.

Uber Technologies (UBER) has picked Melbourne as another test site for its flying taxi service known as UberAir. The Australian city is the first international test site Uber has chosen for its flying taxi service. The addition of Melbourne brings the number of test locations Uber has picked for its UberAir service to three.

Lyft (LYFT) and Uber Technologies (UBER) are pushing back against California legislation that would require them to recognize their drivers as employees rather than independent contractors. The legislation would require companies like Lyft to give their drivers the compensation and benefits spelled out under California’s employment regulations.

172.31.16.229