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Verizon Communications (VZ) Falls More Steeply Than Broader Market: What Investors Need to Know
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Verizon Communications (VZ - Free Report) ended the recent trading session at $45.84, demonstrating a -1.9% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.22%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 1.35%.
The largest U.S. cellphone carrier's shares have seen a decrease of 2.12% over the last month, not keeping up with the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
The investment community will be closely monitoring the performance of Verizon Communications in its forthcoming earnings report. The company is scheduled to release its earnings on July 24, 2026. It is anticipated that the company will report an EPS of $1.27, marking a 4.1% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $35.41 billion, showing a 2.62% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.96 per share and a revenue of $142.7 billion, representing changes of +5.31% and +3.26%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Verizon Communications. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. Verizon Communications is currently a Zacks Rank #3 (Hold).
With respect to valuation, Verizon Communications is currently being traded at a Forward P/E ratio of 9.41. This denotes a discount relative to the industry average Forward P/E of 11.73.
We can also see that VZ currently has a PEG ratio of 1.14. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Wireless National industry held an average PEG ratio of 1.11.
The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 174, placing it within the bottom 29% of over 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Verizon Communications (VZ) Falls More Steeply Than Broader Market: What Investors Need to Know
Verizon Communications (VZ - Free Report) ended the recent trading session at $45.84, demonstrating a -1.9% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.22%. Meanwhile, the Dow lost 0.98%, and the Nasdaq, a tech-heavy index, lost 1.35%.
The largest U.S. cellphone carrier's shares have seen a decrease of 2.12% over the last month, not keeping up with the Computer and Technology sector's gain of 1.19% and the S&P 500's gain of 1.56%.
The investment community will be closely monitoring the performance of Verizon Communications in its forthcoming earnings report. The company is scheduled to release its earnings on July 24, 2026. It is anticipated that the company will report an EPS of $1.27, marking a 4.1% rise compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $35.41 billion, showing a 2.62% escalation compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $4.96 per share and a revenue of $142.7 billion, representing changes of +5.31% and +3.26%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Verizon Communications. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.14% higher. Verizon Communications is currently a Zacks Rank #3 (Hold).
With respect to valuation, Verizon Communications is currently being traded at a Forward P/E ratio of 9.41. This denotes a discount relative to the industry average Forward P/E of 11.73.
We can also see that VZ currently has a PEG ratio of 1.14. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Wireless National industry held an average PEG ratio of 1.11.
The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 174, placing it within the bottom 29% of over 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.
You can find more information on all of these metrics, and much more, on Zacks.com.