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AT&T (T) Ascends While Market Falls: Some Facts to Note

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AT&T (T - Free Report) closed the most recent trading day at $25.55, moving +1.59% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.59%. Elsewhere, the Dow saw a downswing of 0.6%, while the tech-heavy Nasdaq depreciated by 0.65%.

Shares of the telecommunications company witnessed a gain of 3.71% over the previous month, beating the performance of the Computer and Technology sector with its loss of 0.02%, and the S&P 500's loss of 1.37%.

Analysts and investors alike will be keeping a close eye on the performance of AT&T in its upcoming earnings disclosure. The company's earnings report is set to go public on October 21, 2026. It is anticipated that the company will report an EPS of $0.62, marking a 14.81% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $31.74 billion, indicating a 3.34% upward movement from the same quarter last year.

T's full-year Zacks Consensus Estimates are calling for earnings of $2.35 per share and revenue of $129.27 billion. These results would represent year-over-year changes of +10.85% and +2.88%, respectively.

It is also important to note the recent changes to analyst estimates for AT&T. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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. The Zacks Consensus EPS estimate remained stagnant within the past month. AT&T is currently a Zacks Rank #3 (Hold).

Valuation is also important, so investors should note that AT&T has a Forward P/E ratio of 10.72 right now. This denotes no noticeable deviation relative to the industry average Forward P/E of 10.72.

Investors should also note that T has a PEG ratio of 1.24 right now. 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 had an average PEG ratio of 1.47 as trading concluded yesterday.

The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 223, positioning it in the bottom 10% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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