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How Analysts Are Rating Verizon Stock

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Analysts on Verizon stock

Of the 30 Reuters-surveyed analysts covering Verizon (VZ) stock on November 29, 47% recommended “buy,” and 53% recommended “hold.” The stock has risen ~19.1% in the last 12 months and ~12.3% year-to-date. Based on the stock’s November 29 price of $59.45, analysts’ target price of $58.29 implies the stock could fall ~2% over the next 12 months.

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Fourth-quarter estimates

In the fourth quarter, analysts expect Verizon’s adjusted EPS to rise ~26.7% YoY (year-over-year) to $1.09, and its revenue to grow ~1.3% YoY to $34.4 billion.

In comparison, AT&T’s (T) adjusted EPS are expected to rise ~9% YoY to $0.85 in the fourth quarter, while T-Mobile’s (TMUS) are expected to rise ~14.8% YoY to $0.70. Sprint’s (S) EPS are expected to be -$0.02 in the third quarter of fiscal 2018 (quarter ending in December).

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