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.
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