Company Update (NYSE:VZ): Verizon: Breakout Or Breakdown On The Horizon?

[Benzinga] – Shares of telecom giant Verizon Communications Inc. (NYSE: VZ ) have been trading in a tight range near levels that go all the way back to the tech bubble. The stock has already had a very impressive year, … Read more on this. , valued at $irecting to http://finance.ya, ended trading yesterday at $. During today’s session, VZ traded between $ with a one year range of $. 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. According to a consensus of 0 analysts, the earnings estimate of $ per share would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $, which would be a $0.00 setback when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, 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 . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:VZ) Similar Articles: Company Update: Verizon Communications Inc (NYSE:VZ) – Why Is Verizon’s Stock Up 20% This Year? 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?