Ratings and target price
According to analysts’ consensus, Verizon (VZ) has a target price of $59.54—compared to its current market price of $58.79—an estimated rise of 1.3% over the next 12 months.
Among the 30 analysts tracking Verizon, 12 recommended a “buy,” while 18 recommended a “hold.” None of the analysts recommended a “sell” as of April 16.
On April 16, Verizon closed at $58.79, which was 0.1% higher than its previous closing price, 27.6% higher than its 52-week low of $46.09, and 4.5% lower than its 52-week high of $61.58. The company’s market cap is $242.9 billion.
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Based on Verizon’s closing price on April 16, the company has reported returns of 0.67% in the last five trading days, 0.69% in the trailing one-month period, and 21.49% in the trailing 12-month period. The company has reported returns of 4.57% year-to-date.
Revenue and EPS expectations
Analysts expect Verizon’s adjusted EPS to see YoY (year-over-year) changes of 0.0% to $1.17 in the first quarter, -1.7% to $1.18 in the second quarter, -1.6% to $1.20 in the third quarter, and -1.8% to $1.10 in the fourth quarter. Analysts also expect Verizon’s revenues to see YoY changes of 1.2% to $32.15 billion in the first quarter, 1.0% to $32.52 billion in the second quarter, 0.9% to $32.89 billion in the third quarter, and 1.0% to $34.63 billion in the fourth quarter.