VZ

Verizon Communications Investors Should Focus on This

More and more people are talking about Verizon Communications over the last few weeks. Is it worth buying the Communication Equipment stock at a price of $36.83? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Verizon Communications has moved -3.0% over the last year, and the S&P 500 logged a change of 16.0%

  • VZ has an average analyst rating of hold and is -6.19% away from its mean target price of $39.26 per share

  • Its trailing earnings per share (EPS) is $4.97

  • Verizon Communications has a trailing 12 month Price to Earnings (P/E) ratio of 7.4 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $4.63 and its forward P/E ratio is 8.0

  • The company has a Price to Book (P/B) ratio of 1.58 in contrast to the S&P 500's average ratio of 2.95

  • Verizon Communications is part of the Telecommunications sector, which has an average P/E ratio of 18.85 and an average P/B of 3.12

  • VZ has reported YOY quarterly earnings growth of -3.1% and gross profit margins of 0.6%

  • The company has a free cash flow of $17.85 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Verizon Communications Inc., through its subsidiaries, provides communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks. It also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including data, video, conferencing, corporate networking, security and managed network, local and long-distance voice, network access, and various IoT services and products, as well as FWA broadband through its wireless networks. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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.

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