Year-to-Date the stock performance stands at 6.36%.
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Several analysts have recently commented on the stock.
7/1/2015 – AT&T is now covered by analysts at Buckingham Research.
6/30/2015 – AT&T had its price target raised by analysts at RBC Capital from $33.00 to $37.00.
[PRNewswire] AT&T Inc (NYSE:T)(TREND ANALYSIS) Emergency call dispatchers across Kansas will soon have faster and more reliable access to vital 9-1-1 caller information thanks to an agreement with AT&T.*. 11 analysts have rated the company as a strong buy.
Buckingham Research initiated their coverage on the stock with Buy rating on July 2, and fixed their price target at $41. They now have a $38.76 price target on the stock.
AT&T (NYSE:T) opened at 34.27 on Thursday. The company has a 52-week high of $37.48. The stock’s 50-day moving average is $35.07 and its 200-day moving average is $34.06. The Street is anxiously speculating for earnings release, given the large market capitalization, which is upwards of $177 billion.
T-Mobile added more than twice as many phone subscribers as Verizon in the second quarter of 2015, marking at least five consecutive quarters where the self-proclaimed underdog from Bellevue bested the industry leader in the most coveted customer category. The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.01. The two companies are now neck-and-neck, though T-Mobile has promised to claim the title of No. 3 wireless carrier soon enough.
AT&T, Inc. (NYSE:T) said that, it will raise its activation/upgrade fees for customers when signing one and two-year contracts, but also add-on an activation fee for AT&T Next and Bring-Your-Own-Device (BYOD) customers, starting August 1. Investors of record on Friday, July 10th will be given a dividend of $0.47 per share.
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“As these VoIP technologies become the preferred platform for voice services, new solutions – such as (real-time text), are emerging for providing access to these services to people with disabilities”, AT&T added. The services and products offered by the Company include wireless communications, local exchange services, long-distance services, data/broadband and Internet services, video services, telecommunications equipment, managed networking, wholesale services and directory advertising and publishing. AT&T operates in three segments such as Wireless, Wireline, and Other. The company has a market cap of $179,522 million and the number of outstanding shares have been calculated to be 5,193,000,000 shares.
