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Verizon Communications (VZ) Ascends While Market Falls: Some Facts to Note
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Verizon Communications (VZ - Free Report) closed at $46.35 in the latest trading session, marking a +1.27% move from the prior day. This move outpaced the S&P 500's daily loss of 0.47%. Elsewhere, the Dow gained 0.1%, while the tech-heavy Nasdaq lost 1.25%.
The stock of largest U.S. cellphone carrier has fallen by 7.98% in the past month, lagging the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
Analysts and investors alike will be keeping a close eye on the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to go public on October 26, 2026. On that day, Verizon Communications is projected to report earnings of $1.28 per share, which would represent year-over-year growth of 5.79%. Simultaneously, our latest consensus estimate expects the revenue to be $34.8 billion, showing a 2.89% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.04 per share and revenue of $140.94 billion, which would represent changes of +7.01% and +1.99%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Verizon Communications. Recent revisions tend to reflect the latest near-term business trends. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Verizon Communications holds a Zacks Rank of #2 (Buy).
Digging into valuation, Verizon Communications currently has a Forward P/E ratio of 9.09. For comparison, its industry has an average Forward P/E of 11.09, which means Verizon Communications is trading at a discount to the group.
Meanwhile, VZ's PEG ratio is currently 1.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Wireless National industry stood at 1.55 at the close of the market yesterday.
The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Verizon Communications (VZ) Ascends While Market Falls: Some Facts to Note
Verizon Communications (VZ - Free Report) closed at $46.35 in the latest trading session, marking a +1.27% move from the prior day. This move outpaced the S&P 500's daily loss of 0.47%. Elsewhere, the Dow gained 0.1%, while the tech-heavy Nasdaq lost 1.25%.
The stock of largest U.S. cellphone carrier has fallen by 7.98% in the past month, lagging the Computer and Technology sector's gain of 6.08% and the S&P 500's gain of 1.15%.
Analysts and investors alike will be keeping a close eye on the performance of Verizon Communications in its upcoming earnings disclosure. The company's earnings report is set to go public on October 26, 2026. On that day, Verizon Communications is projected to report earnings of $1.28 per share, which would represent year-over-year growth of 5.79%. Simultaneously, our latest consensus estimate expects the revenue to be $34.8 billion, showing a 2.89% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $5.04 per share and revenue of $140.94 billion, which would represent changes of +7.01% and +1.99%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Verizon Communications. Recent revisions tend to reflect the latest near-term business trends. 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. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.1% upward. As of now, Verizon Communications holds a Zacks Rank of #2 (Buy).
Digging into valuation, Verizon Communications currently has a Forward P/E ratio of 9.09. For comparison, its industry has an average Forward P/E of 11.09, which means Verizon Communications is trading at a discount to the group.
Meanwhile, VZ's PEG ratio is currently 1.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Wireless National industry stood at 1.55 at the close of the market yesterday.
The Wireless National industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.