Published: Sat, October 14, 2017
Business | By Max Garcia

FY2020 Earnings Estimate for Verizon Communications Inc. Issued By Gabelli (VZ)

Davidson Invest Advisors holds 0.03% or 4,758 shares.

Verizon Communications Inc. (VZ) now the company's industry has 13.86 P/E and the sector P/E is 16.24. It has underperformed by 25.18% the S&P500. Pine River Cap Mgmt Limited Partnership holds 0.73% or 460,122 shares in its portfolio. Park West Asset Management Llc sold 81,465 shares as Eagle Pharmaceuticals Inc (EGRX)'s stock rose 7.49%. However, 2.33% over the last one month, 11.00% for the last quarter and year to date performance stands at -9.42%. Kinder Morgan Inc Del now has $42.02 billion valuation. The lower end of the projection is $0.83 per share, while the higher end is $0.93 per share. Immunomedics, Inc. (IMMU) has risen 76.26% since October 13, 2016 and is uptrending. It has outperformed by 145.03% the S&P500. The stock spiked 4.42% last month and is down -8.47 this year.

The Average Earnings Estimate for the Current Fiscal quarter is $0.88 per share, according to consensus of 24 analysts. Gagnon Securities Llc owns 484,678 shares or 1.2% of their United States portfolio. It also upped Liberty Media Corp Delaware stake by 32,245 shares and now owns 773,258 shares. Carnival Corp (NYSE:CCL) was raised too. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Therefore 75% are positive. Rollins had 6 analyst reports since August 20, 2015 according to SRatingsIntel. On Friday, February 26 the stock rating was maintained by Mizuho with "Buy". (NYSE:VZ) has "Sector Perform" rating given on Wednesday, January 25 by RBC Capital Markets. RBC Capital Markets has "Hold" rating and $48 target. On Tuesday, April 5 the stock rating was initiated by Macquarie Research with "Neutral". The firm has "Buy" rating given on Friday, July 14 by Cowen & Co. (NYSE:VZ) earned "Outperform" rating by FBR Capital on Wednesday, October 21. Finally, Jefferies Group LLC reaffirmed a "hold" rating and set a $50.00 price target on shares of Verizon Communications in a research note on Monday, July 3rd. William Blair maintained it with "Outperform" rating and $97 target in Wednesday, November 2 report.

Investors of record on Tuesday, October 10th will be paid a $0.59 dividend. The share price has moved backward from its 20 days moving average, trading at a distance of -0.46% and stays 0.87% away from its 50 days moving average. The Verizon Communications Inc. has Relative Strength Index (RSI 14) of 43.74 along with Average True Range (ATR 14) of 0.69. 112 funds opened positions while 587 raised stakes. Charter Trust Communications has invested 0.64% of its portfolio in Verizon Communications Inc.

Ltd reports that it bought 12,900 shares in the previous quarter increasing its holdings in Verizon Communications 1.0%.

Qualcomm Inc De holds 15.01% of its portfolio in Globalstar, Inc. for 4.15 million shares. (NYSE:VZ) for 39,888 shares. (NYSE:VZ). The Missouri-based Benjamin F Edwards & has invested 0.49% in Verizon Communications Inc. (NYSE:VZ). New England Private Wealth Advsrs Limited Liability Com accumulated 0.33% or 23,989 shares.

Verizon Communications has increased its dividend payment by an average of 3.1% annually over the last three years and has increased its dividend annually for the last 10 consecutive years. Gillespie Robinson Grimm holds 0.09% in Verizon Communications Inc. It turned negative, as 90 investors sold VZ shares while 700 reduced holdings. Arete Wealth Advsr Lc reported 11,583 shares. Cambridge Tru holds 0.15% or 47,112 shares. Walter Keenan Fincl Consulting Communication Mi Adv invested in 1.93% or 86,174 shares. Schnieders Capital Mngmt Limited Liability Corporation has invested 1.82% in Verizon Communications Inc. Also, the current price highlights a discount of 17.46% to analysts' high consensus price target. (NYSE:VZ) for 1.25 million shares. Opaleye Management Inc., a Massachusetts-based fund reported 900,000 shares.

Verizon Communications a holding company. The company's price to sales ratio for trailing twelve months is 36.32 and price to book ratio for most recent quarter is 2.73, whereas price to cash per share for the most recent quarter is 2.84. The Company, through its subsidiaries, provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. The Company's divisions include Wireless and Wireline. The business had revenue of $30.55 billion during the quarter, compared to analyst estimates of $29.84 billion.

Since April 28, 2017, it had 0 insider buys, and 25 selling transactions for $796.22 million activity. Therefore 80% are positive. (NYSE:VZ) on Wednesday, October 4 with "Hold" rating. The stock of Rollins, Inc. The stock has "Buy" rating by BMO Capital Markets on Thursday, July 27. The rating was upgraded by Citigroup on Tuesday, January 3 to "Buy".

Advisory Services Network Llc holds 0.19% of its portfolio in John Hancock Patriot Premium Div Fund II for 85,707 shares. The insider SILLIMAN CRAIG L. sold $27,657.

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