Buying Verizon Communications (VZ)? Here's What You Must Know.

Large-cap Telecommunications company Verizon Communications has logged a -1.9% change today on a trading volume of 27,265,294. The average volume for the stock is 24,713,470.

Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Based in New York, United States the company has 117,100 full time employees and a market cap of $140,539,723,776.

The company is now trading -16.7% away from its average analyst target price of $40.13 per share. The 23 analysts following the stock have set target prices ranging from $30.0 to $64.0, and on average give Verizon Communications a rating of hold.

Over the last 12 months VZ shares have declined by -24.0%, which represents a difference of -37.0% when compared to the S&P 500. The stock's 52 week high is $46.43 per share and its 52 week low is $31.25. Based on Verizon Communications's average net margin growth of 1.5% over the last 4 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023-02-10 136,835,000 21,256,000 15.53 -5.94
2022-02-11 133,613,000 22,065,000 16.51 18.95
2021-02-25 128,292,000 17,801,000 13.88 -5.0
2020-02-21 131,868,000 19,265,000 14.61 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.