Stock Update: Verizon Communications Inc (NYSE:VZ) – Verizon Stock Is On a Tear, but Is It Time to Sell?

[at TheStreet] – Verizon stock is up 21% in 2016, as investors have bid up the stock while searching for safety and yield. Is it now time to hang up on Verizon? Read more on this. , with a current market cap of $irecting to http://finance.ya, finished at $. Looking at today’s trading action, the company’s one day range from $ with a trailing 52-week range being $. VZ shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple. Consensus earnings for the current quarter by the 0 sell-side analysts covering the stock is an estimate of $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $ would be a $0.00 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. In terms of ratings, d VZ from to (/f). Previously, d VZ from to . Given all the information above, we should disclose to readers that the average price target is $, which is 0.00% below than it opened this morning. See more in (NYSE:VZ) Similar Articles: Company Update: Verizon Communications Inc (NYSE:VZ) – Verizon phone bond could herald new ABS asset class Market Update: Verizon Communications Inc (NYSE:VZ) – T-Mobile Answers Verizon Data Volley; AT&T Holding Fire? Stock Update: Verizon Communications Inc (NYSE:VZ) – How Could Verizon Benefit from XO Communications Transaction?