Verizon Communications logged a -5.2% change during today's afternoon session, and is now trading at a price of $41.38 per share. The S&P 500 index moved 0.0%. VZ's trading volume is 60,464,124 compared to the stock's average volume of 18,093,556.
Verizon Communications trades -14.8% away from its average analyst target price of $48.57 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.
Anyone interested in buying VZ should be aware of the facts below:
-
Verizon Communications's current price is -12.1% below its Graham number of $47.1, which implies the stock has a margin of safety
-
Verizon Communications has moved -0.4% over the last year, and the S&P 500 logged a change of 17.9%
-
Based on its trailing earnings per share of 4.3, Verizon Communications has a trailing 12 month Price to Earnings (P/E) ratio of 9.6 while the S&P 500 average is 29.3
-
VZ has a forward P/E ratio of 8.7 based on its forward 12 month price to earnings (EPS) of $4.73 per share
-
Its Price to Book (P/B) ratio is 1.69 compared to its sector average of 1.86
-
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.
-
Based in New York, the company has 100,000 full time employees and a market cap of $174.47 Billion. Verizon Communications currently returns an annual dividend yield of 6.2%.