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.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally posted by Week Herald and is the sole property of of Week Herald. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and global copyright & trademark laws.

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.

Like this


18 October 2017
Does Hewlett-Packard (NYSE:HPE) Look Attractive Now? Pivotal Research Initiates Coverage
The stock is now moving above its 20-Day Simple Moving Average of 2.16% with a 50-Day Simple Moving Average of 6.21 percent. Hotchkis & Wiley Capital Management LLC boosted its stake in Hewlett Packard Enterprise by 32.7% during the second quarter.

18 October 2017
1 on the Billboard charts
The song has performed especially well on streaming, a category that includes data from YouTube as well as services like Spotify. In the video's bio, there's a link that sends viewers to the streaming service of their choice to listen to the full song.

18 October 2017
Morata boosts Chelsea ahead of Roma clash
But past year at the beginning Chelsea dropped some points too but then went on to win a lot of consecutive matches. Batshuayi has shown he can score goals and Chelsea can use him a back-up for Morata".

18 October 2017
Manchester United scout Aarón Martin as Mourinho wants a left-back
It's claimed the Spanish outfit are increasingly resigned to losing the Spain Under-21 defender in the January transfer window. And Red Devils scouts were in attendance as the youngster played in Friday's 0-0 draw with Levante , according to ESPN .

18 October 2017
JPMorgan Chase to acquire payments platform WePay
The deal would allow Chase to sign up small businesses more efficiently and let them get paid for credit-card purchases more quickly.

18 October 2017
Google's animated doodle celebrates 66th anniversary of Studio for Electronic Music
Composers Meyer-Eppler, Robert Beyer, and Herbert Eimert were the first musicians to conceptualise the "technical requirements". The original studio continued to create unique tracks and produce breakthroughs music until the year 2000.

18 October 2017
BHP Billiton plc (BLT) Trading 1.4% Higher Following Analyst Upgrade
Lafemina now forecasts that the mining company will earn $2.87 per share for the year, up from their previous estimate of $2.46. As of the end of the quarter Cutler Group LP had disposed of a total of 5,876 shares trimming its position 96.2%.

18 October 2017
Tiger Zinda Hai first poster: Salman Khan's Diwali gift to fans
In the image, Salman can be seen with a bruised forehead, while he holds up a gun and stares into the viewers' eyes. Khan on Wednesday shared the first poster from the upcoming action flick " Tiger Zinda Hai ".

18 October 2017
Sainsbury's cost-cutting will see 2000 jobs axed
It said it would offer affected staff alternative roles wherever possible, or redundancy packages. The 600 head office staff affected are based in Manchester, Coventry, Edinburgh and London.

18 October 2017
Soros donated one of the funds, nearly $ 20 billion
The famous American financier and billionaire George Soros gave more than $18 billion Fund of the Open Society Foundations (open society).