Verizon Communications VZ underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 2 | 1 | 6 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 2 | 0 | 0 |
3M Ago | 2 | 1 | 3 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $47.36, a high estimate of $55.00, and a low estimate of $44.00. This current average has increased by 4.8% from the previous average price target of $45.19.
Diving into Analyst Ratings: An In-Depth Exploration
The perception of Verizon Communications by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
John Hodulik | UBS | Raises | Neutral | $45.00 | $44.00 |
Maher Yaghi | Scotiabank | Lowers | Sector Perform | $47.00 | $47.25 |
John Hodulik | UBS | Raises | Neutral | $44.00 | $43.00 |
Maher Yaghi | Scotiabank | Raises | Sector Perform | $47.25 | $46.50 |
Ivan Feinseth | Tigress Financial | Raises | Buy | $55.00 | $52.00 |
David Barden | B of A Securities | Raises | Neutral | $45.00 | $41.00 |
Michael Rollins | Citigroup | Raises | Buy | $49.00 | $47.00 |
Frank Louthan | Raymond James | Raises | Outperform | $48.00 | $44.00 |
Kutgun Maral | RBC Capital | Raises | Sector Perform | $46.00 | $42.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Verizon Communications. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Verizon Communications compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Verizon Communications's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of Verizon Communications's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Verizon Communications analyst ratings.
All You Need to Know About Verizon Communications
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.
Verizon Communications: A Financial Overview
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Growth: Verizon Communications's revenue growth over a period of 3 months has faced challenges. As of 30 September, 2024, the company experienced a revenue decline of approximately -0.02%. This indicates a decrease in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Verizon Communications's net margin is impressive, surpassing industry averages. With a net margin of 9.92%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Verizon Communications's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.43%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Verizon Communications's ROA excels beyond industry benchmarks, reaching 0.87%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.81, caution is advised due to increased financial risk.
What Are Analyst Ratings?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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