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Verizon (DE:BAC)
XETRA:BAC
Verizon (BAC) Stock Price & Analysis
13 Followers
BAC Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€27.31 - €38.96
Previous Close€38.16
Volume782.00
Average Volume (3M)4.03K
Market Cap
€161.91B
Enterprise Value€321.27B
Total Cash (Recent Filing)$2.37B
Total Debt (Recent Filing)$175.63B
Price to Earnings (P/E)15.5
Beta0.31
Next Earnings
Oct 22, 2024EPS Estimate
€1.08Last Dividend Ex-Date
Jul 10, 2024Dividend Yield6.36%
Share Statistics
EPS (TTM)2.46
Shares Outstanding4,209,254,894
10 Day Avg. Volume2,543
30 Day Avg. Volume4,027
Standard Deviation0.05
R-Squared0.07
Alpha0.00034
Financial Highlights & Ratios
Price to Book (P/B)-1.77
Price to Sales (P/S)1.18
Price to Cash Flow (P/CF)6.00
P/FCF Ratio12.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.40
Enterprise Value/Gross Profit4.06
Enterprise Value/Ebitda8.95
Forecast
1Y Price Target
€41.99Price Target Upside16.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Verizon News
Bulls Say, Bears Say
Bulls Say
5G And Broadband GrowthVerizon should continue to benefit from significant 5G adoption and fixed broadband growth, which, together with its significant cash flow and dividend, continue to create a compelling investment.
Consumer Wireless MarketGiven a moderating competitive environment in the consumer wireless market, better pricing and moderate subsidies are likely to persist.
Wireless Service RevenueWireless service revenue growth should improve to 3.5% yoy on the heels of positive pricing action vs. consensus at 3.3% yoy.
Bears Say
Business SegmentLower consolidated EBITDA is forecasted due to weaker margins in the business segment and higher corporate drag.
Competitive PressureThe wireless industry could see a slowdown in postpaid phone growth with the potential for increased competition from AT&T, T-Mobile, Dish, and cable companies.
Consumer WirelessThe stock faced a decline due to weaker consumer postpaid subscriber net additions relative to elevated expectations.
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Ownership Overview
0.16% Insiders
16.02% Mutual Funds
22.61% Other Institutional Investors
61.21% 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 €27.31 and its highest was €38.95 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 Oct 22, 2024 which is in 91 days.
How were Verizon’s earnings last quarter?
Verizon released its earnings results on Jul 22, 2024. The company reported €1.056 earnings per share for the quarter, beating the consensus estimate of €1.055 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 €0.61 which represents an annual dividend yield of 6.36%. See more information on Verizon dividends here
What is Verizon’s EPS estimate?
Verizon’s EPS estimate is €1.08.
How many shares outstanding does Verizon have?
Verizon has 4,209,255,000 shares outstanding.
What happened to Verizon’s price movement after its last earnings report?
Verizon reported an EPS of €1.056 in its last earnings report, beating expectations of €1.055. Following the earnings report the stock price went down -6.054%.
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 168M.
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Verizon Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€41.99 (16.60% Upside)
€41.99 (16.60% Upside)
Blogger Sentiment
Bullish
DE:BAC Sentiment 88%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.76%
12-Months-Change
Fundamentals
Return on Equity
11.76%
Trailing 12-Months
Asset Growth
-0.21%
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
Q2 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 Month Forecast
Average Price Target
€41.99
▲(16.60% Upside)
Technical Analysis
Best Analysts Covering BAC
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+12.05%
reiterated a buy rating 21 days ago
Copying Michael Rollins's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +12.05% per trade.
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