News stories about AT&T (NYSE:T) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. AT&T earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 44.7230716757711 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
T has been the topic of a number of recent research reports. Vetr upgraded shares of AT&T from a “buy” rating to a “strong-buy” rating and set a $42.91 price objective on the stock in a research note on Thursday, August 10th. Jefferies Group reaffirmed a “buy” rating and set a $48.00 target price on shares of AT&T in a report on Thursday, August 24th. Macquarie reaffirmed a “buy” rating and set a $43.00 target price on shares of AT&T in a report on Friday, September 1st. Robert W. Baird reaffirmed an “outperform” rating and set a $43.00 target price on shares of AT&T in a report on Thursday, September 21st. Finally, Morgan Stanley lifted their target price on AT&T from $46.00 to $48.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $42.81.
AT&T (NYSE:T) opened at $37.27 on Tuesday. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $228,800.00, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 3.03 and a beta of 0.44. AT&T has a 1 year low of $32.55 and a 1 year high of $43.03.
AT&T (NYSE:T) last released its quarterly earnings data on Tuesday, October 24th. The technology company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.01). The firm had revenue of $39.67 billion for the quarter, compared to the consensus estimate of $40.34 billion. AT&T had a net margin of 8.00% and a return on equity of 14.49%. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 earnings per share. equities analysts anticipate that AT&T will post 2.92 earnings per share for the current year.
In related news, Director Matthew K. Rose purchased 29,600 shares of the stock in a transaction on Wednesday, October 25th. The shares were purchased at an average cost of $33.75 per share, for a total transaction of $999,000.00. Following the completion of the transaction, the director now directly owns 3,100 shares of the company’s stock, valued at approximately $104,625. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.09% of the company’s stock.
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AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.
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