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How’s AT&T Stock Positioned in 2019?

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Analysts’ target price

According to analysts’ consensus, AT&T (T) has a target price of $33.81 compared to its current market price of $31.09—an estimated rise of 8.7% over the next 12 months.

Among the 31 analysts tracking AT&T, 16 recommended a “buy,” two recommended a “sell,” and 13 recommended a “hold” as of May 14.

On May 14, AT&T closed at $31.09, which was 2.0% higher than its previous closing price, 16.0% higher than its 52-week low of $26.80, and 10.0% lower than its 52-week high of $34.53. The company’s market cap is $226.9 billion.

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Based on AT&T’s closing price on May 14, the company has reported returns of 1.8% in the last five trading days, -3.5% in the trailing one-month period, and -3.4% in the trailing 12-month period. The company has reported returns of 8.9% year-to-date.

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Growth projections

Analysts expect AT&T’s adjusted EPS to see YoY (year-over-year) changes of -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. Analysts also expect AT&T’s revenues to see YoY changes of 15.2% to $44.92 billion in the second quarter, -0.2% to $45.65 billion in the third quarter, and -0.2% to $47.89 billion in the fourth quarter.

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