AT&T (T) closed the most recent trading day at $28.98, moving +1.08% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.78%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 1.29%.
The telecommunications company's stock has climbed by 6.86% in the past month, exceeding the Computer and Technology sector's loss of 3.59% and the S&P 500's loss of 1.33%.
Investors will be eagerly watching for the performance of AT&T in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 22, 2026. The company is expected to report EPS of $0.55, up 7.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $31.13 billion, up 1.65% from the prior-year quarter.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.29 per share and a revenue of $128.04 billion, indicating changes of +8.02% and +1.9%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for AT&T. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.04% lower. AT&T currently has a Zacks Rank of #3 (Hold).
From a valuation perspective, AT&T is currently exchanging hands at a Forward P/E ratio of 12.53. Its industry sports an average Forward P/E of 16.13, so one might conclude that AT&T is trading at a discount comparatively.
Meanwhile, T's PEG ratio is currently 1.07. 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 average PEG ratio for the Wireless National industry stood at 1.78 at the close of the market yesterday.
The Wireless National industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 147, putting it in the bottom 40% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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AT&T Inc. (T): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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