At the end of the trading session on March 21, Verizon (VZ) was the largest US mobile operator by market capitalization at $238.3 billion, followed by AT&T (T) at $222.3 billion, T-Mobile (TMUS) at $61.3 billion, and Sprint (S) at $25.6 billion.
Forward EV-to-EBITDA multiple
On March 20, Verizon was trading at a 12-month forward EV-to-EBITDA multiple of 7.18x. AT&T, T-Mobile, and Sprint had 12-month forward EV-to-EBITDA multiples of 6.66x, 6.85x, and 4.51x, respectively. The enterprise value includes a company’s net debt and market capitalization. A forward EV-to-EBITDA multiple is based on analysts’ EBITDA estimates.
Forward PE ratio
On March 20, Verizon was trading at a 12-month forward PE ratio of 12.29x. AT&T, T-Mobile, and Sprint had 12-month forward PE ratios of 8.49x, 17.70x, and 107.08x, respectively. The PE ratio tells us the amount investors are willing to pay per dollar of a company’s EPS. A forward PE ratio takes future earnings into consideration.
Recently, Verizon (VZ) stock went above its 20-day moving average, which indicates bullish sentiment in the company.
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