Verizon Communications logged a 1.0% change during today's afternoon session, and is now trading at a price of $41.96 per share. The S&P 500 index moved -0.0%. VZ's trading volume is 19,437,550 compared to the stock's average volume of 20,347,567.
Verizon Communications trades -5.67% away from its average analyst target price of $44.48 per share. The 24 analysts following the stock have set target prices ranging from $34.0 to $50.0, and on average have given Verizon Communications a rating of buy.
If you are considering an investment in VZ, you'll want to know the following:
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Verizon Communications has moved 7.9% over the last year, and the S&P 500 logged a change of 27.9%
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Based on its trailing earnings per share of 2.75, Verizon Communications has a trailing 12 month Price to Earnings (P/E) ratio of 15.3 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 $4.7 per share
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The company has a price to earnings growth (PEG) ratio of 6.58 — 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 1.91 compared to its sector average of 3.46
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Verizon Communications Inc., through its subsidiaries, engages in the provision of 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 105,400 full time employees and a market cap of $176.65 Billion. Verizon Communications currently returns an annual dividend yield of 6.3%.