Verizon Communications logged a -0.1% change during today's afternoon session, and is now trading at a price of $38.7 per share. The S&P 500 index moved 0.57% and the Nasdaq posted a 0.9148477% change.
Verizon Communications shares moved -24.19% over the last 52 weeks, with a high of $53.08 and a low of $32.79. During this time, the stock lagged the S&P 500 index by -14.96%. As of January 2022, the company's 50-day average price is $39.95. Verizon Communications Inc. is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The large-cap Technology company is based in New York, NY. Verizon Communications has returned a 6.74% dividend yield over the last 12 months.
Sustained EPS Growth with a Highly Leveraged Balance Sheet:
|Gross Margins Growth||n/a||-3.6%||11.72%||-3.05%|
|Operating Margins Growth||n/a||-2.56%||8.2%||-8.32%|
|Earnings Per Share||$4.66||$4.3||$5.29||$5.05|
|Free Cash Flow (MM)||$16,909||$21,450||-$28,343||$10,401|
|Capital Expenditures (MM)||$18,837||$20,318||$67,882||$26,740|
|Net Debt / EBITDA||2.5||2.41||3.05||3.05|
Verizon Communications Is Fairly Priced at Current Levels:
Compared to the Technology sector's average of 27.16, Verizon Communications has a trailing twelve month P/E ratio of 7.65.
Furthermore, Verizon Communications is likely undervalued in terms of its equity because its P/B ratio is 1.798 compared to its sector average of 6.23. The company's shares are currently trading -18.42% below their Graham number, implying there is a margin of safety for the stock. The Graham number is calculated according to the formula:
√(22.5 * 5-year average EPS * book value per share) = √(22.5 * 4.61 * 21.7) = $47.44
24 analysts are following Verizon Communications and have set target prices ranging from $33.0 to $64.0 per share. On average, they have given the company a rating of hold. At the current price of $38.7, VZ is trading -13.69% away from its average analyst target price of $44.84 per share, implying an analyst consensus of some upside potential for the stock.