Company Update: Verizon Communications Inc (NYSE:VZ) – Why Is Verizon’s Stock Up 20% This Year?

[at Forbes] – Verizon , the largest U.S. wireless carrier, has seen its stock price rise by close to 20% year-to-date, significantly outperforming the S&P 500, which is up by just about 4% in the same period. Below we take a look at some of the possible reasons for Verizon’s outperformance. See our complete Read more on this. , valued at $irecting to http://finance.ya, finished at $. Looking at today’s market, VZ one day range is $ 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 for the same period. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ 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 . The average price target for VZ shares by the analysts covering it is $, which is 0.00% below where the stock opened. See more in (NYSE:VZ) Similar Articles: Stock Update: Verizon Communications Inc (NYSE:VZ) – Verizon Stock Is On a Tear, but Is It Time to Sell? Company Update: Verizon Communications Inc (NYSE:VZ) – Verizon phone bond could herald new ABS asset class Stock Update: Verizon Communications Inc (NYSE:VZ) – Verizon, unions reach deal in principle for 4-year contract