Verizon Communications Inc. (VZ) Analysts See $1.12 EPS

March 21, 2018 - By Dolores Ford

 Verizon Communications Inc. (VZ) Analysts See $1.12 EPS
Investors sentiment is 0.88 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 81 investors sold Verizon Communications Inc. shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. 2.53 billion shares or 1.44% more from 2.49 billion shares in 2017Q2 were reported.
Hodges Capital Mgmt owns 0.16% invested in Verizon Communications Inc. (NYSE:VZ) for 46,865 shares. Leavell Mgmt invested in 73,223 shares. New Jersey Better Educational Savings Trust holds 22,000 shares or 0.92% of its portfolio. Sawgrass Asset Management Ltd accumulated 2.04% or 844,220 shares. Money Mngmt Ltd Llc owns 5,365 shares for 0.18% of their portfolio. Missouri-based Acropolis Inv Mgmt Lc has invested 0.03% in Verizon Communications Inc. (NYSE:VZ). Citigroup accumulated 3.10 million shares or 0.13% of the stock. State Farm Mutual Automobile Insurance holds 0.78% of its portfolio in Verizon Communications Inc. (NYSE:VZ) for 11.72 million shares. Cap Wealth Planning Limited Liability Co holds 0.69% or 17,805 shares in its portfolio. Bowling Portfolio Management Ltd Co reported 23,450 shares or 0.17% of all its holdings. Hawaii-based First Hawaiian Bank has invested 0.12% in Verizon Communications Inc. (NYSE:VZ). Profit Mngmt Limited Liability has invested 0.76% in Verizon Communications Inc. (NYSE:VZ). Linscomb And Williams invested in 0.41% or 96,755 shares. Parkside Retail Bank And, Missouri-based fund reported 9,534 shares. Mcmillion Mgmt Incorporated accumulated 2.5% or 76,923 shares.

Since September 27, 2017, it had 0 buys, and 3 insider sales for $406,645 activity. Shares for $29,658 were sold by SILLIMAN CRAIG L..

Analysts expect Verizon Communications Inc. (NYSE:VZ) to report $1.12 EPS on April, 19.They anticipate $0.17 EPS change or 17.89 % from last quarter’s $0.95 EPS. VZ’s profit would be $4.62 billion giving it 10.65 P/E if the $1.12 EPS is correct. After having $0.86 EPS previously, Verizon Communications Inc.’s analysts see 30.23 % EPS growth. The stock decreased 1.28% or $0.62 during the last trading session, reaching $47.69. About 10.77M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since March 21, 2017 and is downtrending. It has underperformed by 25.18% the S&P500.

Verizon Communications Inc. (NYSE:VZ) Ratings Coverage

Among 29 analysts covering Verizon Communications Inc. (NYSE:VZ), 9 have Buy rating, 0 Sell and 20 Hold. Therefore 31% are positive. Verizon Communications Inc. had 76 analyst reports since July 22, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Buy” rating in Friday, October 20 report. The stock has “Buy” rating by Nomura on Tuesday, December 12. On Monday, January 25 the stock rating was maintained by RBC Capital Markets with “Outperform”. Argus Research maintained the shares of VZ in report on Wednesday, October 21 with “Buy” rating. On Wednesday, January 24 the stock rating was maintained by Jefferies with “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Hold” rating given on Thursday, August 10 by Oppenheimer. As per Wednesday, July 20, the company rating was downgraded by Oppenheimer. As per Monday, January 22, the company rating was upgraded by Scotia Capital. The rating was maintained by RBC Capital Markets on Wednesday, September 30 with “Outperform”. The stock has “Neutral” rating by Hilliard Lyons on Wednesday, July 27.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment services and products to consumers, businesses, and governmental agencies worldwide. The company has market cap of $196.86 billion. The Company’s Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things . It has a 6.48 P/E ratio. This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.

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