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

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AT&T (T - Free Report) closed the most recent trading day at $25.86, moving -3.22% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.45%. Elsewhere, the Dow saw a downswing of 1.21%, while the tech-heavy Nasdaq depreciated by 0.01%.

The telecommunications company's shares have seen an increase of 7.31% over the last month, surpassing the Computer and Technology sector's loss of 1.9% and the S&P 500's loss of 2.43%.

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. The company is predicted to post an EPS of $0.62, indicating a 14.81% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $31.74 billion, up 3.34% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.35 per share and a revenue of $129.27 billion, indicating changes of +10.85% and +2.88%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for AT&T. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. AT&T presently features a Zacks Rank of #3 (Hold).

In the context of valuation, AT&T is at present trading with a Forward P/E ratio of 11.39. This expresses no noticeable deviation compared to the average Forward P/E of 11.39 of its industry.

We can additionally observe that T currently boasts a PEG ratio of 1.32. 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 industry currently had an average PEG ratio of 1.54 as of yesterday's close.

The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 225, placing it within the bottom 9% of over 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.

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

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