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Expert Ratings For Verizon Communications
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Expert Ratings For Verizon Communications
Apr 23, 2024 6:22 AM

Throughout the last three months, 9 analysts have evaluated Verizon Communications ( VZ ) , offering a diverse set of opinions from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 3 4 0 0
Last 30D 0 1 0 0 0
1M Ago 0 1 1 0 0
2M Ago 0 0 1 0 0
3M Ago 2 1 2 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $44.0, a high estimate of $50.00, and a low estimate of $36.00. This upward trend is apparent, with the current average reflecting a 5.19% increase from the previous average price target of $41.83.

Investigating Analyst Ratings: An Elaborate Study

In examining recent analyst actions, we gain insights into how financial experts perceive Verizon Communications ( VZ ). The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Timothy Horan Oppenheimer Maintains Outperform $48.00 $48.00
Timothy Horan Oppenheimer Maintains Outperform $48.00 -
Jonathan Atkin RBC Capital Raises Sector Perform $40.00 $36.00
Steve Malcolm Redburn Atlantic Announces Neutral $39.00 -
Jonathan Atkin RBC Capital Raises Sector Perform $36.00 $35.00
Kannan Venkateshwar Barclays Announces Equal-Weight $44.00 -
Michael Rollins Citigroup Raises Buy $47.00 $45.00
Kannan Venkateshwar Barclays Raises Overweight $44.00 $42.00
Ivan Feinseth Tigress Financial Raises Buy $50.00 $45.00

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Verizon Communications ( VZ ). This offers insight into analysts' perspectives on the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Verizon Communications ( VZ ) compared to the broader market.

Price Targets: Delving into movements, analysts provide estimates for the future value of Verizon Communications's ( VZ ) stock. This analysis reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Verizon Communications's ( VZ ) market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Verizon Communications ( VZ ) analyst ratings.

Discovering Verizon Communications ( VZ ): A Closer Look

Wireless services account for about 70% of Verizon Communications' ( VZ ) total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 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 Communications's Financial Performance

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Negative Revenue Trend: Examining Verizon Communications's ( VZ ) financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -0.34% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.

Net Margin: Verizon Communications's ( VZ ) net margin is impressive, surpassing industry averages. With a net margin of -7.7%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Verizon Communications's ( VZ ) ROE stands out, surpassing industry averages. With an impressive ROE of -2.84%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Verizon Communications's ( VZ ) ROA stands out, surpassing industry averages. With an impressive ROA of -0.71%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Verizon Communications's ( VZ ) debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.89.

The Basics of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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