Large-cap Telecommunications company Verizon Communications has moved 1.8% so far today on a volume of 12,948,813, compared to its average of 17,404,235. In contrast, the S&P 500 index moved -0.0%.
Verizon Communications trades -9.13% away from its average analyst target price of $48.74 per share. The 23 analysts following the stock have set target prices ranging from $42.0 to $58.0, 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 -6.0% below its Graham number of $47.1, which implies the stock has a margin of safety
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Verizon Communications has moved 7.1% over the last year, and the S&P 500 logged a change of 16.5%
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Based on its trailing earnings per share of 4.3, Verizon Communications has a trailing 12 month Price to Earnings (P/E) ratio of 10.3 while the S&P 500 average is 29.3
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VZ has a forward P/E ratio of 9.4 based on its forward 12 month price to earnings (EPS) of $4.73 per share
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Its Price to Book (P/B) ratio is 1.81 compared to its sector average of 1.86
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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 100,000 full time employees and a market cap of $186.73 Billion. Verizon Communications currently returns an annual dividend yield of 6.2%.