Economy

Verizon Communications Inc. (NYSE:VZ) Under Analyst Spotlight

After $-0.03 actual earnings per share reported by CVR Partners LP for the previous quarter, Wall Street now forecasts 233.33% negative EPS growth.

04/21/2017 - Verizon Communications Inc. was downgraded to "hold" by analysts at Argus. Its down 0.12, from 1 in 2017Q1. The Cullinan Associates Inc holds 155,315 shares with $6.94 million value, down from 162,645 last quarter.

Analysts await Silvercorp Metals Inc (NYSEAMERICAN:SVM) to report earnings on November, 2. In the latest earnings report the EPS was $3.89 and is estimated to be $3.76 for the current year with 4,079,407,000 shares presently outstanding. Verizon Communications Inc. (NYSE:VZ) has a 20-Day average volume of 14.02 Million. Verizon Communications had a return on equity of 63.06% and a net margin of 12.88%. The firm had revenue of $30.55 billion during the quarter, compared to analysts' expectations of $29.84 billion. During the same period previous year, the firm posted $0.94 EPS. The firm's revenue for the quarter was up.1% on a year-over-year basis.

A number of analysts recently commented on the company. On Friday, July 14 the stock rating was maintained by Barclays Capital with "Hold". Citigroup maintained the shares of VZ in report on Wednesday, October 21 with "Neutral" rating. (The) reaffirmed a "neutral" rating on shares of Verizon Communications in a report on Wednesday, June 28th. The stock traded within a range of $47.70 and $48.35. Two equities research analysts have rated the stock with a sell rating, twenty-two have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. RBC Capital Markets has "Hold" rating and $50.0 target.

The stock decreased 1.02% or $0.35 during the last trading session, reaching $34.05. Insiders own 0.13% of the company's stock. Verizon Communications Inc. The company has a 50-day moving average of $48.46 and a 200-day moving average of $47.01.

The company now has a P/E ratio of 12.44 and the market cap of the company is 197.44B.

Verizon Communications Inc. (NYSE:VZ) touched its 1-Year High price of $54.83 on 01/05/17 and its 1-Year Low price of $42.80 on 07/11/17. Shareholders of record on Tuesday, October 10th will be given a $0.59 dividend. This dividend represents a yield of $4.73 which is the dividend as a percentage of the current share price. Verizon Communications Inc. had 52 analyst reports since July 22, 2015 according to SRatingsIntel.

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Dnb Asset Management As says it increased its stake in Verizon Communications Inc. shares by 2.1% as of the end of the last quarter. SILLIMAN CRAIG L. had sold 610 shares worth $27,657. The total value of its holdings increased 9.6%. Following the completion of the sale, the executive vice president now directly owns 7,209 shares of the company's stock, valued at $350,717.85. Inc. downsized its position by shedding 300 shares a decrease of 1.1% in the quarter.

Here are some institutional investors who have increased or decreased their stake in (VZ). Huber Capital Llc invested 0.05% in Verizon Communications Inc. Accern also gave media headlines about the cell phone carrier an impact score of 45.6212495728047 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. Blackstone Group Lp sold 2.79 million shares as the company's stock declined 19.52% while stock markets rallied. (NYSE:VZ). Moreover, Amica Retiree Medical Trust has 0.93% invested in Verizon Communications Inc. Champlain Investment Partners Llc owns 1.75 million shares or 1.09% of their U.S. portfolio. The SI to Verizon Communications Incorporated's float is 0.91%. Valicenti Advisory Services Inc bought 27,429 shares as the company's stock declined 7.66% while stock markets rallied. The firm earned "Buy" rating on Friday, December 16 by Goldman Sachs. Camarda Financial Advisors LLC now owns 3,749 shares of the cell phone carrier's stock worth $167,000 after purchasing an additional 382 shares during the last quarter. More interesting news about Verizon Communications Inc. The Company, through its subsidiaries, provides communications, information and entertainment services and products to consumers, businesses and governmental agencies. The Company's Wireline segment offers high-speed Internet, Fios Internet, and Fios video services; voice services, such as local exchange, regional and long distance calling, and voice messaging services, as well as Voice over Internet protocol services; network products and solutions comprising private Internet protocol (IP), public Internet, Ethernet, and optical networking services; IT infrastructure services that include collocation and managed hosting services; cloud services, which comprise computing, storage, backup, and recovery.



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