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AT&T (T) Sees a More Significant Dip Than Broader Market: Some Facts to Know

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In the latest trading session, AT&T (T - Free Report) closed at $28.78, marking a -1.1% move from the previous day. This change lagged the S&P 500's 0.4% loss on the day. Meanwhile, the Dow gained 0.11%, and the Nasdaq, a tech-heavy index, lost 0.73%.

The stock of telecommunications company has risen by 3.89% in the past month, leading the Computer and Technology sector's loss of 8.37% and the S&P 500's loss of 7.34%.

The upcoming earnings release of AT&T will be of great interest to investors. The company's earnings report is expected on April 22, 2026. The company's earnings per share (EPS) are projected to be $0.55, reflecting a 7.84% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $31.22 billion, up 1.95% from the prior-year quarter.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.3 per share and a revenue of $128.18 billion, representing changes of +8.49% and +2.01%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for AT&T. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

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, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 0.58% fall in the Zacks Consensus EPS estimate. Right now, AT&T possesses a Zacks Rank of #3 (Hold).

In terms of valuation, AT&T is currently trading at a Forward P/E ratio of 12.63. For comparison, its industry has an average Forward P/E of 12.63, which means AT&T is trading at no noticeable deviation to the group.

Also, we should mention that T has a PEG ratio of 1.08. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Wireless National industry currently had an average PEG ratio of 1.75 as of yesterday's close.

The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 216, positioning it in the bottom 12% 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.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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