Market Update: Verizon Communications Inc (NYSE:VZ) – Verizon Enterprise Solutions goes big at National Retail Federation’s Annual ‘Big Show’

[PR Newswire] – NEW YORK, Jan. 15, 2016 /PRNewswire/ — Retailers and solution providers from around the globe will converge on New York City this weekend for the National Retail Federation’s 2016 ‘Big Show’ which kicks off this Sunday, January 17 at the Jacob Javits Center. Verizon Enterprise Solutions will return to showcase the latest business solutions for retailers – including the company’s leading network, IT, mobility and security assets – which have become ‘must haves’ in today’s fiercely competitive marketplace where the customer is in command like never before. #TweetTheBus: Visit the Verizon booth (#1521) for a ticket to board the company’s mobile hospitality lounge which will be positioned within close proximity to the Javits Center for those wanting to take a break from the hustle and bustle of the show floor. Looking for a cup of coffee and place to charge your phone? Skip the long lines for refreshments and electrical outlets and join Verizon on the bus. Read more on this. Verizon Communications Inc. (VZ) , valued at $180.72B, opened this morning at $44.04. Shares have traded today between $43.86 and $44.55 per share with the price of the stock fluctuating between $38.06 to $50.86 over the last 52 weeks. VZ shares are currently priced at 11.30x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 23.45x earnings multiple for the same period. And for those looking to make a return holding the stock, the company pays shareholders $2.26 per share annually in dividends, yielding 5.04%. According to a consensus of 26 analysts, the earnings estimate of $0.88 per share would be $0.17 better than the year-ago quarter and a $0.01 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $3.97 would be a $0.62 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $34.04 Billion. If reported, that would be a 2.56% increase over the year-ago quarter. More recently, Buckingham Research Initiated VZ at Neutral (Jul 2, 2015). Previously, JP Morgan downgraded VZ from Overweight to Neutral. The average price target for VZ shares by the analysts covering it is $50.33, which is 14.28% above where the stock opened. See more in (NYSE:VZ) Similar Articles: Market Update: Verizon Communications Inc (NYSE:VZ) – Verizon Communications (VZ) Stock Rises in Pre-Market Trading on New Network Offer Market Update: Verizon Communications Inc (NYSE:VZ) – Exclusive: Verizon weighing $10 billion sale of enterprise assets – sources Market Update: Verizon Communications Inc (NYSE:VZ) – Inside Verizon’s big plans for the Internet of things