AT&T (T) Earns News Sentiment Score of 0.05

Media coverage about AT&T (NYSE:T) has trended somewhat positive on Tuesday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AT&T earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 80 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the near term.

These are some of the media stories that may have effected Accern’s scoring:

Insider Buying and Selling by Quarter for AT&T (NYSE:T)

AT&T (NYSE:T) traded down 0.64% during trading on Tuesday, hitting $38.66. 21,737,300 shares of the stock were exchanged. AT&T has a 12-month low of $36.10 and a 12-month high of $43.89. The stock has a 50 day moving average price of $38.52 and a 200-day moving average price of $40.64. The firm has a market capitalization of $237.68 billion, a PE ratio of 18.90 and a beta of 0.48.

AT&T (NYSE:T) last issued its quarterly earnings results on Tuesday, April 25th. The technology company reported $0.74 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.74. AT&T had a net margin of 7.77% and a return on equity of 14.22%. The company had revenue of $39.40 billion during the quarter, compared to the consensus estimate of $40.50 billion. During the same quarter in the prior year, the firm posted $0.72 EPS. The firm’s quarterly revenue was down 2.8% on a year-over-year basis. On average, equities research analysts anticipate that AT&T will post $2.90 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on the company. Argus reiterated a “buy” rating and set a $51.00 price objective on shares of AT&T in a research report on Monday, April 10th. Royal Bank Of Canada set a $42.00 price objective on AT&T and gave the stock a “hold” rating in a research report on Saturday, May 20th. Vetr downgraded AT&T from a “buy” rating to a “hold” rating and set a $38.92 price objective for the company. in a research report on Monday, May 22nd. Moffett Nathanson upgraded AT&T from a “sell” rating to a “neutral” rating in a research report on Tuesday, May 30th. They noted that the move was a valuation call. Finally, SunTrust Banks, Inc. assumed coverage on AT&T in a research report on Tuesday, April 18th. They set a “hold” rating and a $40.00 price objective for the company. Twenty research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $44.16.

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About AT&T

AT&T Inc is a holding company. The Company is a provider of communications and digital entertainment services in the United States and the world. The Company operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Company offers its services and products to consumers in the United States, Mexico and Latin America and to businesses and other providers of telecommunications services worldwide.

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