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11 Comments
Verizon Communications Inc is currently in a long term downtrend where the price is trading 3.2% below its 200 day moving average.
From a valuation standpoint, the stock is 89.8% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 1.9.
Verizon Communications Inc's total revenue sank by 0.2% to $35B since the same quarter in the previous year.
Its net income has increased by 0.8% to $5B since the same quarter in the previous year.
Finally, its free cash flow fell by 345.7% to $-7B since the same quarter in the previous year.
Based on the above factors, Verizon Communications Inc gets an overall score of 2/5.
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Howard Lindzon
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ISIN | US92343V1044 |
---|---|
Exchange | NYSE |
CurrencyCode | USD |
Sector | Communication Services |
Industry | Telecom Services |
Target Price | 48.0152 |
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Dividend Yield | 6.5% |
Market Cap | 180B |
PE Ratio | 9.98 |
Beta | 0.4 |
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. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.
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