Verizon Communications Inc

Verizon Communications Inc

VZ

Market Cap$163.25B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Verizon Communications IncVerizon Communications Inc16.76.92%10%1.31.6

Earnings Call Q3 2024

October 22, 2024 - AI Summary

**Strong Financial Performance**: Verizon reported a 2.7% growth in wireless service revenue for Q3, along with the highest adjusted EBITDA in its history at $2.5 billion. The company generated $6 billion in cash flow, indicating robust financial health and operational efficiency.
**Positive Postpaid Growth**: The company experienced a notable increase in postpaid phone net adds, achieving 239,000 net additions during the quarter. This reflects the strength of their myPlan product, with expectations of remaining net add positive for the full year, contributing to long-term service revenue stability.
**Broadband Expansion and Fixed Wireless Access Success**: Verizon has successfully exceeded its target of 4-5 million fixed wireless access subscribers by 15 months, aiming to double this to 8-10 million by 2028. With a shared goal of achieving coverage for 90 million homes, the fixed wireless access is seen as a major growth driver.

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$48.40

Target Price by Analysts

23.6% upsideVerizon Communications Target Price DetailsTarget Price
$55.75

Current Fair Value

42.4% upside

Undervalued by 42.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$163.25 Billion
Enterprise Value$313.22 Billion
Dividend Yield$2.685 (6.923671995874161%)
Earnings per Share$2.76
Beta0.42
Outstanding Shares4,220,000,000

Return

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

Valuation & Multiples

P/E Ratio16.71
PEG-58.41
Price to Sales1.26
Price to Book Ratio1.7
Enterprise Value to Revenue2.33
Enterprise Value to EBIT11.24
Enterprise Value to Net Income31
Total Debt to Enterprise0.49
Debt to Equity1.61

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Verizon Communications Inc

CEO: Hans Vestberg