Large-cap Telecommunications company Verizon Communications has moved -0.1% so far today on a volume of 4,945,843, compared to its average of 22,888,926. In contrast, the S&P 500 index moved 0.0%.
Verizon Communications trades 2.22% away from its average analyst target price of $36.8 per share. The 22 analysts following the stock have set target prices ranging from $28.45 to $44.06, and on average have given Verizon Communications a rating of hold.
Anyone interested in buying VZ should be aware of the facts below:
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Verizon Communications has moved 1.8% over the last year, and the S&P 500 logged a change of 24.0%
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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 7.6 while the S&P 500 average is 15.97
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VZ has a forward P/E ratio of 8.9 based on its forward 12 month price to earnings (EPS) of $4.24 per share
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The company has a price to earnings growth (PEG) ratio of 17.8 — 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 1.62 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 $158.14 Billion. Verizon Communications currently returns an annual dividend yield of 7.0%.