Verizon Communications logged a 0.5% change during today's afternoon session, and is now trading at a price of $32.57 per share. The S&P 500 index moved 1.0%. VZ's trading volume is 9,185,262 compared to the stock's average volume of 25,084,169.
Verizon Communications trades -13.51% away from its average analyst target price of $37.66 per share. The 22 analysts following the stock have set target prices ranging from $28.38 to $60.55, and on average have given Verizon Communications a rating of hold.
If you are considering an investment in VZ, you'll want to know the following:
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Verizon Communications's current price is -35.7% below its Graham number of $50.66, which implies the stock has a margin of safety
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Verizon Communications has moved -13.0% over the last year, and the S&P 500 logged a change of 20.0%
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Based on its trailing earnings per share of 5.0, Verizon Communications has a trailing 12 month Price to Earnings (P/E) ratio of 6.5 while the S&P 500 average is 15.97
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VZ has a forward P/E ratio of 7.3 based on its forward 12 month price to earnings (EPS) of $4.45 per share
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The company has a price to earnings growth (PEG) ratio of 15.78 — a number near or below 1 signifying that Verizon Communications is fairly valued compared to its estimated growth potential
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Its Price to Book (P/B) ratio is 1.44 compared to its sector average of 3.12
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Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
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Based in New York, the company has 117,100 full time employees and a market cap of $136.93 Billion. Verizon Communications currently returns an annual dividend yield of 8.1%.