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Verizon Communications (VZ) Stock Sinks As Market Gains: Here's Why
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Verizon Communications (VZ - Free Report) closed the most recent trading day at $44.10, moving -1.54% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.41%. At the same time, the Dow lost 0.07%, and the tech-heavy Nasdaq gained 1.11%.
Coming into today, shares of the largest U.S. cellphone carrier had lost 6.86% in the past month. In that same time, the Computer and Technology sector lost 0.92%, while the S&P 500 gained 1.46%.
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 October 26, 2026. The company is predicted to post an EPS of $1.27, indicating a 4.96% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.81 billion, up 2.93% from the year-ago period.
VZ's full-year Zacks Consensus Estimates are calling for earnings of $5.03 per share and revenue of $140.97 billion. These results would represent year-over-year changes of +6.79% and +2.01%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Verizon Communications. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.05% higher. Verizon Communications presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Verizon Communications currently has a Forward P/E ratio of 8.9. This indicates a discount in contrast to its industry's Forward P/E of 10.63.
One should further note that VZ currently holds a PEG ratio of 1.71. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Wireless National industry was having an average PEG ratio of 1.67.
The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Verizon Communications (VZ) Stock Sinks As Market Gains: Here's Why
Verizon Communications (VZ - Free Report) closed the most recent trading day at $44.10, moving -1.54% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.41%. At the same time, the Dow lost 0.07%, and the tech-heavy Nasdaq gained 1.11%.
Coming into today, shares of the largest U.S. cellphone carrier had lost 6.86% in the past month. In that same time, the Computer and Technology sector lost 0.92%, while the S&P 500 gained 1.46%.
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 October 26, 2026. The company is predicted to post an EPS of $1.27, indicating a 4.96% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $34.81 billion, up 2.93% from the year-ago period.
VZ's full-year Zacks Consensus Estimates are calling for earnings of $5.03 per share and revenue of $140.97 billion. These results would represent year-over-year changes of +6.79% and +2.01%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for Verizon Communications. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.05% higher. Verizon Communications presently features a Zacks Rank of #3 (Hold).
Digging into valuation, Verizon Communications currently has a Forward P/E ratio of 8.9. This indicates a discount in contrast to its industry's Forward P/E of 10.63.
One should further note that VZ currently holds a PEG ratio of 1.71. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Wireless National industry was having an average PEG ratio of 1.67.
The Wireless National industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.