AT&T (T) Stock Sinks As Market Gains: Here's Why
Coming into today, shares of the telecommunications company had gained 3.29% in the past month. In that same time, the Computer and Technology sector gained 7.61%, while the S&P 500 gained 5.13%.
The investment community will be closely monitoring the performance of AT&T in its forthcoming earnings report. The company is scheduled to release its earnings on July 23, 2025. The company's earnings per share (EPS) are projected to be $0.51, reflecting a 10.53% decrease from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $30.53 billion, showing a 2.48% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.03 per share and revenue of $124.26 billion, which would represent changes of -10.18% and +1.57%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for AT&T. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, AT&T is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, AT&T is currently being traded at a Forward P/E ratio of 14.24. Its industry sports an average Forward P/E of 22.47, so one might conclude that AT&T is trading at a discount comparatively.
Meanwhile, T's PEG ratio is currently 4.1. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Wireless National was holding an average PEG ratio of 3.24 at yesterday's closing price.
The Wireless National industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
AT&T Inc. (T) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
Jim Cramer on Procter & Gamble: 'They'll Be Able to Beat the Numbers'
The Procter & Gamble Company (NYSE:PG) is one of the 22 stocks Jim Cramer recently talked about. Discussing the impact of the currency on the company, Cramer said: 'Let me give you another story. The dollar keeps getting killed, right? We keep hearing chatter all day about how it's dangerous, that the greenback's at a 4-year low, dangerous. I can't believe my ears. Have these naysayers ever been on a consumer packaged goods conference call? Practically every country on earth loves to devalue their currency in order to make their exports more competitive and kill our competition, kill our commerce. A happy couple viewing the products of this household and personal product company in a mass merchandiser store. Procter & Gamble (NYSE:PG) provides consumer packaged goods across categories including beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care. Its products are sold under well-known brand names. While we acknowledge the potential of PG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
32 minutes ago
- Yahoo
Jim Cramer Calls Goldman Sachs 'Cramer fave'
The Goldman Sachs Group, Inc. (NYSE:GS) is one of the22 stocks Jim Cramer recently talked about. Cramer mentioned that he is 'happy with' having a position in the company stock for his trust, as he commented: 'Goldman Sachs, which we own for the Charitable Trust… let's just say it's had a smaller dividend payout than its peers for a long time, but also just announced a major 33% dividend boost. Now, even after that, the stock only yields 2.23%, but that is no longer chintzy… Goldman trades at 2.22 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… Morgan Stanley and Goldman are two tremendous investment banks… A close-up of a financial advisor giving advice to a customer, demonstrating the importance of consumer and wealth management. Goldman Sachs (NYSE:GS) is a global financial services company that specializes in investment banking, wealth management, and a range of other financial services. While we acknowledge the potential of GS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
32 minutes ago
- Yahoo
Jim Cramer Calls JPMorgan the 'Big Dog in the Banking Sector'
JPMorgan Chase & Co. (NYSE:JPM) is one of the 22 stocks Jim Cramer recently talked about. Cramer's opinion was that the stock is cheap compared to the rest of the S&P 500. He said: 'The big dog in the banking sector, JPMorgan, announced a 7.1% dividend boost that gives the stock a 2.05% yield here. That is the lowest of the group. But JPMorgan also announced a massive $50 billion buyback, and that would shrink the share count by about 6% at these levels… JPMorgan trades at 2.91 times book value… Goldman Sachs, JPMorgan, and Morgan Stanley have the most valuable franchises… A group of business people discussing plans around a boardroom table adorned with a financial services company logo. JPMorgan (NYSE:JPM) provides a broad range of financial services, including consumer banking, lending, investment banking, securities services, and asset and wealth management for individuals, businesses, and institutions. While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
