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Verizon Communications Inc

VZ

Market Cap$171.24B
Close$

Compare Verizon Communications

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Verizon Communications IncVerizon Communications Inc14.76.3%13%1.31.6
marketMarket Avg49.61.28%30%6.11.1
TelecommunicationsTelecommunications Avg6.42.52%5%1.21.5

Earnings Call Q4 2023

January 23, 2024 - AI Summary

Verizon reported strong fourth quarter and full-year 2023 results, with wireless service revenue increasing by 3.2% year-over-year.
The company achieved significant improvements in customer additions, particularly in the Consumer segment, driven by the successful launch of myPlan and revamped sales strategies.
Verizon expects to sustain positive postpaid phone net adds in both Consumer and Business segments throughout 2024, supported by targeted pricing actions, continued growth in fixed wireless access, and adoption of premium unlimited plans.
The guidance for 2024 includes an anticipated wireless service revenue growth of 2% to 3.5%, reflecting a focus on profitability and customer growth.
Adjusted EBITDA is expected to grow by 1% to 3% compared to the prior year, driven by higher wireless service revenue and cost transformation initiatives.
Capital spending for 2024 is projected to be between $17 billion and $17.5 billion, down from $18.8 billion in 2023, while free cash flow generation is expected to support dividend increases and debt reduction. Overall, Verizon's earnings call highlighted the company's strong performance, positive outlook, and strategic initiatives aimed at driving growth and improving financial metrics.
$45.50

Target Price by Analysts

11.9% upsideVerizon Communications Target Price DetailsTarget Price
$41.37

Current Fair Value

1.7% upside

Undervalued by 1.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$171.24 Billion
Enterprise Value$319.85 Billion
Dividend Yield$2.5645 (6.3%)
Earnings per Share$2.76
Beta0.44
Outstanding Shares4,204,272,443
Avg 30 Day Volume18,419,956

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio14.74
PEG-10.45
Price to Sales1.31
Price to Book Ratio1.94
Enterprise Value to Revenue2.39
Enterprise Value to EBIT11.16
Enterprise Value to Net Income27
Total Debt to Enterprise0.47
Debt to Equity1.63

Revenue Sources

No data

ESG Score

No data

About Verizon Communications Inc

CEO: Hans Vestberg