AT&T (T) Stock Sinks As Market Gains: Here's Why

Group 1 - AT&T's stock closed at $26.96, showing a slight decline of -0.22% compared to the previous day, while the S&P 500 gained 1.77% [1] - Over the past month, AT&T's stock has increased by 1.5%, contrasting with a 9.47% loss in the Computer and Technology sector and a 5.73% loss in the S&P 500 [1] Group 2 - AT&T is expected to report earnings on April 23, 2025, with an EPS forecast of$ 0.52, reflecting a decrease of 5.45% from the same quarter last year, while revenue is projected to be $30.51 billion, up 1.6% year-over-year [2] - For the full year, earnings are projected at$ 2.14 per share and revenue at $124.15 billion, indicating changes of -5.31% and +1.48% respectively from the previous year [3] Group 3 - Recent changes in analyst estimates for AT&T suggest a correlation with near-term stock prices, with positive adjustments indicating analyst optimism about the company's business and profitability [3][4] - The Zacks Rank system, which assesses estimate changes, currently ranks AT&T at 3 (Hold), with a consensus EPS projection that has decreased by 1.72% in the past 30 days [5] Group 4 - AT&T is trading at a Forward P/E ratio of 12.63, which is below the industry average of 21.53, indicating a discount compared to its peers [6] - The PEG ratio for AT&T is 3.1, which is in line with the industry average, suggesting that the company's projected earnings growth is accounted for similarly to its peers [6] Group 5 - The Wireless National industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 24, placing it in the top 10% of over 250 industries, indicating strong performance potential [7]