Verizon Communications moved 0.3% this evening session, trading between a high of $36.18 and a low of $35.41 per share. Yesterday the stock finished at $35.71 per share, compared to an average analyst target price of $37.26.
Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. The large-cap telecommunications equipment company is based in the United States, and over the last twelve months it has returned a dividend yield of 7.3%. Verizon Communications has trailing twelve months earnings per share (EPS) of 4.97, which at today's prices amounts to a price to earnings (P/E) ratio of 7.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 11.52. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
Verizon Communications's 21.7% average gross margins are thinner than the 53.85% average of the Communication Equipment industry, implying that the firm might be lacking in competitivity.