Stock To Watch: Verizon Communications Inc. (NYSE:VZ)


The leading market experts have placed a mean price target of $53.2400 on Verizon Communications Inc. (NYSE:VZ) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.9900 a share for the upcoming quarter and $3.8800 for the current fiscal. Technical View The technical analysis of Verizon Communications Inc. Com plainly substantiates that the 50-day moving average of Verizon Communications Inc. Com is $54.5617, and stock is hovering 0.2392 or +0.4384% distant from $54.5617. It is noted that the 200-day MA is $51.6883, and Verizon Communications Inc. Com stock is $3.1126 or +6.0219% off from this point. Verizon Communications Inc. (NYSE:VZ) 52-week high is $56.9500 and the 52-week low is $38.0600. This explains if the stock moves $-2.1491, it will post a 52-week high. In event of $+43.9855% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Verizon Communications Inc. Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Verizon Communications Inc. (NYSE:VZ) ratio came in at 12.4293. The stock last ended the trading session at $54.8009 and registered a market cap of $223.38B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Verizon Communications Inc. (NYSE:VZ) PEG ratio is at 4.3500.

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