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Verizon (DE:BAC)
XETRA:BAC
Verizon (BAC) Stock Price & Analysis
10 Followers
BAC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€26.53 - €39.50
Previous Close€37.17
Volume3.00
Average Volume (3M)6.88K
Market Cap
€156.73B
Enterprise Value€320.86B
Total Cash (Recent Filing)$2.06B
Total Debt (Recent Filing)$174.94B
Price to Earnings (P/E)14.6
Beta0.31
Next Earnings
Apr 22, 2024EPS Estimate
€1.05Last Dividend Ex-Date
Apr 09, 2024Dividend Yield6.63%
Share Statistics
EPS (TTM)2.54
Shares Outstanding4,204,272,443
10 Day Avg. Volume4,272
30 Day Avg. Volume6,879
Standard Deviation0.05
R-Squared0.07
Alpha-0.00023
Financial Highlights & Ratios
Price to Book (P/B)-1.71
Price to Sales (P/S)1.17
Price to Cash Flow (P/CF)4.80
P/FCF Ratio16.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit3.03
Enterprise Value/Ebitda8.97
Forecast
1Y Price Target
€41.87Price Target Upside12.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Verizon News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst raises 1Q24 consolidated EBITDA to $12.02b on better Consumer segment performance, including higher ARPA, margins, and phone subscriber numbers.
Market PositionThe company is well-positioned to benefit from long-term telecommunication trends, thanks to its industry leadership and ongoing investment in 5G, enhancing its network infrastructure and service capabilities.
Strategic InitiativesVerizon is on the right track to improve its Wireless business while expanding in broadband.
Bears Say
Financial PerformanceLower Business segment margins contribute to a decrease in Business EBITDA, now forecasted at $1.55b.
Market CompetitionAT&T's entry into the fixed wireless access market is impacting Verizon's market share balance.
Operational ChallengesLegacy service erosion in the business wireline segment could provide a significant headwind.
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Ownership Overview
0.16% Insiders
15.73% Mutual Funds
21.32% Other Institutional Investors
62.79% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Verizon
Desktop Users
Mobile Users
BAC FAQ
What was Verizon’s price range in the past 12 months?
Verizon lowest stock price was €26.53 and its highest was €39.50 in the past 12 months.
What is Verizon’s market cap?
Currently, no data Available
When is Verizon’s upcoming earnings report date?
Verizon’s upcoming earnings report date is Apr 22, 2024 which is in 2 days.
How were Verizon’s earnings last quarter?
Verizon released its earnings results on Jan 23, 2024. The company reported €1.017 earnings per share for the quarter, missing the consensus estimate of €1.018 by >-€0.001.
Is Verizon overvalued?
According to Wall Street analysts Verizon’s price is currently Undervalued.
Does Verizon pay dividends?
Verizon pays a Quarterly dividend of €0.63 which represents an annual dividend yield of 6.63%. See more information on Verizon dividends here
What is Verizon’s EPS estimate?
Verizon’s EPS estimate is €1.05.
How many shares outstanding does Verizon have?
Verizon has 4,204,272,500 shares outstanding.
What happened to Verizon’s price movement after its last earnings report?
Verizon reported an EPS of €1.017 in its last earnings report, missing expectations of €1.018. Following the earnings report the stock price went up 6.579%.
Which hedge fund is a major shareholder of Verizon?
Among the largest hedge funds holding Verizon’s share is Mairs & Power Inc. It holds Verizon’s shares valued at 128M.
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Verizon Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€41.87 (12.06% Upside)
€41.87 (12.06% Upside)
Blogger Sentiment
Bullish
DE:BAC Sentiment 87%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.29%
12-Months-Change
Fundamentals
Return on Equity
12.65%
Trailing 12-Months
Asset Growth
0.15%
Trailing 12-Months
Company Description
Verizon
Verizon Communications, Inc. provides wireless and wireline communications services and products through its two segments: Verizon Consumer Group and Verizon Business Group. The Verizon Business segment also offers video and data services, corporate networking solutions, security and managed network services, local and long distance voice services and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY.
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BAC Company Deck
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BAC Earnings Call
Q4 2024
0:00 / 0:00
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BAC Revenue Breakdown
81.85% Service revenues and other
18.15% Wireless equipment
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BAC Stock 12 Months Forecast
Average Price Target
€41.87
▲(12.06% Upside)
Technical Analysis
Best Analysts Covering BAC
1 Year
1 Year Success Rate
8/9 ratings generated profit
1 Year Average Return
+10.36%
reiterated a buy rating 3 months ago
Copying Michael Rollins's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +10.36% per trade.
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