Verizon Communications Inc. (Vz)
Verizon Communications Inc. provides communications, technology, information, entertainment products and services to consumers, businesses and governmental entities worldwide. Among their product, we find prepaid service plans, internet access to computers and tablets, wireless equipment, smartphones and other handsets. It also provides residential fixed connectivity solutions, such as, internet, video and voice services. In other words Verizon Communications Inc. offers network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking and internet access services.
Verizon’s Executive Leadership
Hans Vestberg: Chairman and Chief Executive Officer (CEO)
Matthew D.Ellis: Executive Vice President and Chief Financial Officer (CFO)
James Gerace: Chief Communications Officer (CCO)
Hanks Vestberg: Prior to assuming the role of CEO in August 2018 and the role of chairman in March 2019, Mr. Vestberg served as chief technology officer and president of Global Networks since 2017, being responsible for further developing the architecture for Verizon’s fibercentric networks. At Verizon, he is leading the company to be the first company in the world to deploy 5G home and mobile technology. Hans Vestberg has a Bachelor of Business Administration degree from the University of Uppsala in Sweden.
Matther D.Ellis: Prior to becoming Verizon’s CFO on November 2016, Ellis was senior Vice President and CFO, responsible for providing financial support to the wireless and wireline business units. He holds a Bachelor of Commerce (Accounting) degree from the University of Birmingham in the United Kingdom.
James Gerace: Before assuming his current post in June 2013, Gerace served as vice president for state government affairs for the New York region at Verizon. He was responsible for the company’s corporate interests, including public policy, government and external affairs in New Jersey, New York and Connecticut. James Gerace has a Bachelor of Arts degree in communications from the State University of New York, Buffalo.
If you want to know more about Verizon’s Executive Leadership : https://www.verizon.com/about/our-company/executive-bios
Key Statistics and Stock Chart
Key Statistics:
- P/E Ratio: 11.78
- Shares Outstanding: 4.18 Billion Dollars
- 1 Year Return: 5.18%
- 30 Day Avg Volume: 20,033,618
- Dividend Yield: 4.36%
P/E Ratio: (Market Value per share/ Earnings per share): If you want to know more: https://www.investopedia.com/terms/p/price-earningsratio.asp
Does Verizon Communications Inc. (VZ) have value?
Using platforms like Yahoo Finance, MorningStar, Finbox and SimplyWalls, we can reach a value that we denominate as “Fair value”. It is calculated with the financials of the company in the recent years' and some predictions based on its past. We should also use multiple websites like Finbox and SimplyWalls to get a more accurate “Fair Value” and do a comparison with companies in the same industry.This being said, I made a comparison with AT&T, Shenandoah Telecommunications Company, Vodafone Group Plc, T-Mobile Us, Inc and Telephone and Data Systems Inc., and this was the outcome:
And with data from the Income Statement and Balance Sheet of the last years, we can do a prediction of the future growth of the net sales and profit margin of the company. This was the result for Verizon Communications Inc (VZ):
Now we just need to compare the “Fair Value” from different sources and see if it makes sense to invest now. Finbox says that the “Fair Value” for Verizon is 80.37$ and SimplyWalls says that it is 86$. My calculation was 75$. The current price of Verizon Communications is 57.59$, meaning that if it reaches the 76$ mark there is a valorization of 31%, adding to the 4.36% dividend yield. In my opinion it is a good buy right now.
Link to Finbox : https://finbox.com/NYSE:VZ/models/pe-multiples
SimplyWalls: https://simplywall.st/stocks/us/telecom/nyse-vz/verizon-communications
Yahoo Finance: https://finance.yahoo.com/quote/VZ/key-statistics?p=VZ
MorningStar: https://www.morningstar.com/stocks/xnys/vz/financials