Verizon Communications Inc. (VZ)
Is Verizon Communications Stock a Buy Now?
The company has flaws, but the stock could appeal to certain investors as interest rates decline.
Verizon: A New Chapter In Telecom History
Verizon's strategic acquisition of Frontier Communications for $20 billion aims to expand its fiber broadband footprint, potentially enhancing its competitive edge in rural markets. The Q2 2024 results highlighted a 0.6% revenue increase to $32.8 billion, driven by a 3.5% rise in wireless service revenue, despite a 13% drop in wireless equipment sales. Despite the recent decline in adjusted EPS, Verizon's strong cash flow and improved balance sheet, with net unsecured debt reduced to $122.8 billion, support its growth strategy.
Verizon's Huge Day
Verizon remains a buy for income, with the potential for capital appreciation if cash flow ramps up and leverage is reduced. Q3 earnings report on October 22nd is critical; strong cash flow and leverage progress could drive the stock higher. Our expectations for the revenue and cash flow print, if hit, can drive shares higher.
Why Investors Need to Take Advantage of These 2 Computer and Technology Stocks Now
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Verizon Communications (VZ) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Verizon Communications (VZ) reachead $44.01 at the closing of the latest trading day, reflecting a +0.39% change compared to its last close.
Verizon Communications Inc. (VZ) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Verizon Fiber Network Gains Traction: Will VZ Stock Benefit?
Despite healthy fiber traction, VZ appears to be treading in the middle of the road and investors could be better off if they trade with caution.
Will Verizon's Partnership With MSG Family Boost VZ Stock?
VZ's collaboration with MSG Family of Companies is aimed at redefining the fan experiences with exclusive access to premium venues and events.
China-linked security breach targeted U.S. wiretap systems, WSJ reports
U.S. broadband providers had their networks breached in a cyberattack tied to the Chinese government that targeted wiretap requests, The Wall Street Journal reports. It's possible the hackers had access for months or longer to networks the U.S. uses to make lawful requests for communications data, the newspaper wrote.
Verizon Communications (VZ) Increases Despite Market Slip: Here's What You Need to Know
In the latest trading session, Verizon Communications (VZ) closed at $45.21, marking a +0.67% move from the previous day.
Can Verizon (VZ) Keep the Earnings Surprise Streak Alive?
Verizon (VZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Verizon Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend
Verizon is bringing in some cash to help pay for its pending Frontier Communications acquisition.
