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Verizon Communications (VZ) Stock Drops Despite Market Gains: Important Facts to Note
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In the latest trading session, Verizon Communications (VZ - Free Report) closed at $48.62, marking a -1.08% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.1%.
The stock of largest U.S. cellphone carrier has fallen by 2.58% in the past month, leading the Computer and Technology sector's loss of 2.82% and undershooting the S&P 500's loss of 1.74%.
The upcoming earnings release of Verizon Communications will be of great interest to investors. The company's earnings report is expected on April 27, 2026. It is anticipated that the company will report an EPS of $1.23, marking a 3.36% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $34.75 billion, up 3.79% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.93 per share and revenue of $143.27 billion, indicating changes of +4.67% and +3.68%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Verizon Communications. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% lower within the past month. As of now, Verizon Communications holds a Zacks Rank of #3 (Hold).
In the context of valuation, Verizon Communications is at present trading with a Forward P/E ratio of 9.97. For comparison, its industry has an average Forward P/E of 12.4, which means Verizon Communications is trading at a discount to the group.
It's also important to note that VZ currently trades at a PEG ratio of 2.07. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Wireless National was holding an average PEG ratio of 1.67 at yesterday's closing price.
The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VZ in the coming trading sessions, be sure to utilize Zacks.com.
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Verizon Communications (VZ) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Verizon Communications (VZ - Free Report) closed at $48.62, marking a -1.08% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Meanwhile, the Dow lost 0.18%, and the Nasdaq, a tech-heavy index, added 0.1%.
The stock of largest U.S. cellphone carrier has fallen by 2.58% in the past month, leading the Computer and Technology sector's loss of 2.82% and undershooting the S&P 500's loss of 1.74%.
The upcoming earnings release of Verizon Communications will be of great interest to investors. The company's earnings report is expected on April 27, 2026. It is anticipated that the company will report an EPS of $1.23, marking a 3.36% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $34.75 billion, up 3.79% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $4.93 per share and revenue of $143.27 billion, indicating changes of +4.67% and +3.68%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Verizon Communications. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.04% lower within the past month. As of now, Verizon Communications holds a Zacks Rank of #3 (Hold).
In the context of valuation, Verizon Communications is at present trading with a Forward P/E ratio of 9.97. For comparison, its industry has an average Forward P/E of 12.4, which means Verizon Communications is trading at a discount to the group.
It's also important to note that VZ currently trades at a PEG ratio of 2.07. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Wireless National was holding an average PEG ratio of 1.67 at yesterday's closing price.
The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 214, positioning it in the bottom 13% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow VZ in the coming trading sessions, be sure to utilize Zacks.com.