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AT&T (T) Stock Sinks As Market Gains: What You Should Know

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AT&T (T - Free Report) ended the recent trading session at $27.35, demonstrating a -2.46% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 2.51% for the day. Elsewhere, the Dow gained 2.85%, while the tech-heavy Nasdaq added 2.8%.

Shares of the telecommunications company have appreciated by 1.19% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.84%, and the S&P 500's loss of 1.66%.

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 April 22, 2026. It is anticipated that the company will report an EPS of $0.55, marking a 7.84% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $31.22 billion, up 1.95% from the year-ago period.

For the full year, the Zacks Consensus Estimates are projecting earnings of $2.28 per share and revenue of $128.18 billion, which would represent changes of +7.55% and +2.01%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for AT&T. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.47% lower. AT&T is currently a Zacks Rank #3 (Hold).

Looking at its valuation, AT&T is holding a Forward P/E ratio of 12.28. This represents no noticeable deviation compared to its industry average Forward P/E of 12.28.

It is also worth noting that T currently has a PEG ratio of 1.05. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Wireless National was holding an average PEG ratio of 1.66 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 211, finds itself in the bottom 14% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our 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.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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