Verizon Communications Inc. (VZ) Analysts See $0.88 EPS

January 22, 2018 - By Adrian Erickson

 Verizon Communications Inc. (VZ) Analysts See $0.88 EPS
Investors sentiment is 0.88 in Q3 2017. Its the same as in 2017Q2. It is without change, as 81 investors sold Verizon Communications Inc. shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported.
Commerce Natl Bank has 1.10M shares. Moreover, Jones Financial Cos Lllp has 0.02% invested in Verizon Communications Inc. (NYSE:VZ). Bnp Paribas Arbitrage Sa invested 0.46% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Mcf Ltd Liability Company owns 11,906 shares for 0.12% of their portfolio. Rocky Mountain Advisers Limited Liability Corp invested in 325 shares or 0.07% of the stock. Bokf Na has invested 0.61% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Banced invested in 4,622 shares. Van Den Berg I holds 0.52% or 93,499 shares. The New York-based Strategic Advsrs Limited Liability Corporation has invested 2.59% in Verizon Communications Inc. (NYSE:VZ). Thomas J Herzfeld Advsr Incorporated stated it has 890 shares. Nottingham Advsrs has 6,526 shares for 0.05% of their portfolio. Fisher Asset Ltd Limited Liability Company holds 0.03% or 448,319 shares in its portfolio. Palo reported 97,710 shares. Azimuth Capital Management Ltd Limited Liability Company holds 1.01% or 273,080 shares. Whittier Tru Company Of Nevada invested in 120,176 shares.

Since August 28, 2017, it had 0 insider buys, and 3 selling transactions for $89,365 activity.

Analysts expect Verizon Communications Inc. (NYSE:VZ) to report $0.88 EPS on January, 23.They anticipate $0.02 EPS change or 2.33 % from last quarter’s $0.86 EPS. VZ’s profit would be $3.59 billion giving it 14.75 P/E if the $0.88 EPS is correct. After having $0.98 EPS previously, Verizon Communications Inc.’s analysts see -10.20 % EPS growth. The stock increased 0.70% or $0.36 during the last trading session, reaching $51.91. About 23.76M shares traded or 41.42% up from the average. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 22, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Verizon Communications Inc. (NYSE:VZ) Ratings Coverage

Among 26 analysts covering Verizon Communications Inc. (NYSE:VZ), 6 have Buy rating, 0 Sell and 20 Hold. Therefore 23% are positive. Verizon Communications Inc. has $61.0 highest and $44 lowest target. $52.09’s average target is 0.35% above currents $51.91 stock price. Verizon Communications Inc. had 64 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, July 7 by RBC Capital Markets. As per Friday, October 20, the company rating was maintained by RBC Capital Markets. MoffettNathanson upgraded Verizon Communications Inc. (NYSE:VZ) on Tuesday, August 11 to “Neutral” rating. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Jefferies on Friday, October 6. As per Wednesday, October 11, the company rating was maintained by KeyBanc Capital Markets. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Friday, July 28 by Cowen & Co. The stock of Verizon Communications Inc. (NYSE:VZ) earned “Hold” rating by Cowen & Co on Tuesday, July 18. On Monday, October 24 the stock rating was upgraded by Drexel Hamilton to “Buy”. SunTrust maintained it with “Hold” rating and $50.0 target in Friday, October 20 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, January 25.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment services and products to consumers, businesses, and governmental agencies worldwide. The company has market cap of $211.76 billion. The Company’s Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things . It has a 13.31 P/E ratio. This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.

More notable recent Verizon Communications Inc. (NYSE:VZ) news were published by: Fool.com which released: “Better Buy: Verizon Communications Inc. vs. Frontier Communications” on January 02, 2018, also Nasdaq.com with their article: “Verizon Communications (VZ) Q4 Earnings: What’s in Store?” published on January 17, 2018, Nasdaq.com published: “Verizon Communications Inc. (VZ) Ex-Dividend Date Scheduled for January 09, 2018” on January 08, 2018. More interesting news about Verizon Communications Inc. (NYSE:VZ) were released by: Investorplace.com and their article: “3 Reasons Verizon Communications Inc. Could Be a Winner in 2018” published on January 02, 2018 as well as Wsj.com‘s news article titled: “Verizon Expands Deal for NBA Games” with publication date: January 17, 2018.

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