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Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
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In the latest trading session, Verizon Communications (VZ - Free Report) closed at $47.22, marking a +2.7% move from the previous day. This move outpaced the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.89%.
The largest U.S. cellphone carrier's shares have seen a decrease of 8.72% over the last month, not keeping up with the Computer and Technology sector's gain of 14.93% and the S&P 500's gain of 9.71%.
Investors will be eagerly watching for the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 27, 2026. In that report, analysts expect Verizon Communications to post earnings of $1.22 per share. This would mark year-over-year growth of 2.52%. In the meantime, our current consensus estimate forecasts the revenue to be $35.03 billion, indicating a 4.63% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.9 per share and a revenue of $144.25 billion, indicating changes of +4.03% and +4.38%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Verizon Communications. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.74% lower. At present, Verizon Communications boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Verizon Communications is currently exchanging hands at a Forward P/E ratio of 9.38. For comparison, its industry has an average Forward P/E of 12.9, which means Verizon Communications is trading at a discount to the group.
Also, we should mention that VZ has a PEG ratio of 1.18. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Wireless National industry held an average PEG ratio of 1.21.
The Wireless National industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 215, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Verizon Communications (VZ) Rises As Market Takes a Dip: Key Facts
In the latest trading session, Verizon Communications (VZ - Free Report) closed at $47.22, marking a +2.7% move from the previous day. This move outpaced the S&P 500's daily loss of 0.41%. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.89%.
The largest U.S. cellphone carrier's shares have seen a decrease of 8.72% over the last month, not keeping up with the Computer and Technology sector's gain of 14.93% and the S&P 500's gain of 9.71%.
Investors will be eagerly watching for the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 27, 2026. In that report, analysts expect Verizon Communications to post earnings of $1.22 per share. This would mark year-over-year growth of 2.52%. In the meantime, our current consensus estimate forecasts the revenue to be $35.03 billion, indicating a 4.63% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.9 per share and a revenue of $144.25 billion, indicating changes of +4.03% and +4.38%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Verizon Communications. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.74% lower. At present, Verizon Communications boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Verizon Communications is currently exchanging hands at a Forward P/E ratio of 9.38. For comparison, its industry has an average Forward P/E of 12.9, which means Verizon Communications is trading at a discount to the group.
Also, we should mention that VZ has a PEG ratio of 1.18. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Wireless National industry held an average PEG ratio of 1.21.
The Wireless National industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 215, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.