Investment analysts at Oppenheimer have already reduced the earning estimates of VZ for their FY2022 which was put in a report. The research report was then sent to investors and clients on the 11th of March. T. Horan, one of the analysts at Oppenheimer has already put up an EPS of $5.09 for the entire year. The company currently has a rating of market perform as put up by the brokerage firm.
The Quarterly Estimate of VZ
The shares of VZ previously announced their quarterly report on the 25th of January. The EPS reported by the company was $1.21 for this quarter, which was more than the consensus estimate set at $1.17. The company also has a net margin of about 14.76%, with a 32.15% return on its equity. The revenue earned by VZ for the quarter is $34.70 billion, which is slightly more than the consensus estimate of $34.47 billion.
There have been quite a number of research equities that have commented on the stocks of VZ. Moffett Nathanson has already upgraded the rating of VZ from a sum of $59 to $66 in a 2nd December research report.
The Bank of America has also put up a rating of buy, with a price target of $64 on the stocks in a Thursday research report. Scotiabank has decreased the rating of the company from outperform to sector perform in a 25th February research report.
Credit Suisse Group has reduced the price target of the company from $61 to $59 along with a rating of neutral in a 19th January research note. In the end, Wells Fargo & Company have set up a rating of equal weight with a $60 price target in a 16th November research report.
Thirteen investment analysts have given the stocks a rating of hold, while six of the analysts gave the stocks of VZ a rating of buy. The company has a hold rating with a $62 price target.
