Large-cap Telecommunications company Verizon Communications has moved -2.1% so far today on a volume of 10,172,980, compared to its average of 18,892,700. In contrast, the S&P 500 index moved 1.0%.
Verizon Communications trades -11.66% away from its average analyst target price of $44.88 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's current price is 6.8% above its Graham number of $37.11, which implies that at its current valuation it does not offer a margin of safety
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Verizon Communications has moved 9.1% over the last year, and the S&P 500 logged a change of 20.1%
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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 14.4 while the S&P 500 average is 15.97
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VZ has a forward P/E ratio of 8.4 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 7.82 — 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 1.8 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 $166.91 Billion. Verizon Communications currently returns an annual dividend yield of 6.5%.