Verizon Communications logged a -0.9% change during today's afternoon session, and is now trading at a price of $36.98 per share. The S&P 500 index moved 1.0%. VZ's trading volume is 21,632,516 compared to the stock's average volume of 22,406,087.
Verizon Communications trades 0.07% away from its average analyst target price of $36.95 per share. The 22 analysts following the stock have set target prices ranging from $28.79 to $44.58, 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 has moved -0.4% over the last year, and the S&P 500 logged a change of 16.2%
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Based on its trailing earnings per share of 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
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VZ has a forward P/E ratio of 8.0 based on its forward 12 month price to earnings (EPS) of $4.62 per share
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The company has a price to earnings growth (PEG) ratio of 12.75 — 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 1.59 compared to its sector average of 3.46
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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 110,500 full time employees and a market cap of $155.45 Billion. Verizon Communications currently returns an annual dividend yield of 7.0%.