4. As of noon trading, Verizon Communications ( VZ) is up $0.59 (1.4%) to $43.15 on light volume Thus far, 4.7 million shares of Verizon Communications exchanged hands as compared to its average daily volume of 13.2 million shares. The stock has ranged in price between $42.36-$43.24 after having opened the day at $42.46 as compared to the previous trading day's close of $42.56. Verizon Communications Inc. provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. Verizon Communications has a market cap of $121.7 billion and is part of the telecommunications industry. The company has a P/E ratio of 39.5, above the S&P 500 P/E ratio of 17.7. Shares are up 6.3% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate Verizon Communications a buy, 1 analyst rates it a sell, and 17 rate it a hold. TheStreet Ratings rates Verizon Communications as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Verizon Communications Ratings Report now.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts