Shares of Telecommunications sector company Verizon Communications moved 0.1% today, and are now trading at a price of $34.08. The large-cap stock's daily volume was 24,447,223 compared to its average volume of 24,593,198. The S&P 500 index returned a 0.0% performance.
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. The company is based in New York and has 117,100 full time employees. Its market capitalization is $143,272,329,216.
23 analysts are following Verizon Communications and have set target prices ranging from $27.19 to $58.01 per share. On average, they have given the company a rating of hold. At today's prices, VZ is trading -6.3% away from its average analyst target price of $36.37 per share.
Over the last year, VZ shares have gone down by -2643.8%, which represents a difference of -3769.0% when compared to the S&P 500. The stock's 52 week high is $46.5 per share and its 52 week low is $31.25. With average free cash flows of $72.44 Billion that have been growing at an average rate of 4.0% over the last 4 years, Verizon Communications declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-10 | 37,141,000 | -26,740,000 | 63,881,000 | -40.53 |
| 2022-02-11 | 39,539,000 | -67,882,000 | 107,421,000 | 68.22 |
| 2021-02-25 | 41,768,000 | -22,088,000 | 63,856,000 | 16.99 |
| 2020-02-21 | 35,746,000 | -18,837,000 | 54,583,000 | n/a |
