Verizon Communications Inc. (NYSE:VZ) registered a -0.93% decrease, still its new closing price is 24.50% up from the company’s 1 year high of 55.16.It posted -0.97% losses in previous 5 sessions and is now the subject of 18 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 5 buy or better ratings. The 30 stock analysts following this company have an average price target at $52.95, with individual PT in the $45.00-$60.00 range. The shares moved at $52.25, implying that brokerage firms see shares gaining about 21.51% in twelve months time.
Verizon Communications Inc. (VZ) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.07% fall year to date. A EVP of PubPolicy & Gen Counsel at Verizon Communications Inc. (VZ) offloaded shares in a transaction closed on Tuesday November 22, 2016. SILLIMAN CRAIG L. sold 668 shares in the company at $49.29 each and collected $32,001 in proceeds. SILLIMAN CRAIG L. now owns 8,942 shares in the company after this transaction. A EVP of PubPolicy & Gen Counsel in the company, SILLIMAN CRAIG L., disclosed a transaction on Wednesday October 26, 2016 that ended up generating $32,000 from the sale of 672 shares at $47.76 per share.
Verizon Communications Inc. (NYSE:VZ) Upcoming Results on Tap
Verizon Communications Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.05 in that period. Sales during the quarter are predicted to arrive at $31.17 billion.
Earnings surprise history: Last quarter, the company posted approximately $30.94 billion in revenue and EPS of $1.01. The mean forecast was for $31.09 billion and $0.99 a share, respectively. One quarter earlier, revenue for the stock was at $30.53 billion, with earnings at $0.94/share.
Verizon Communications Inc. (VZ) Brokerage Update
Verizon Communications Inc. (VZ) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Citigroup, according to news reported on Tuesday January 03, 2017.Another important research note was issued by Drexel Hamilton on Monday October 24, 2016.The firm upgraded VZ to Buy from Hold. Over the last six months and over the last three months, the shares of Verizon Communications Inc. (VZ), have changed -4.11% and 4.72%, respectively.
Verizon Communications Inc. (NYSE:VZ) on January 17, 2017 reported that it has redesigned the My Fios App with a simplified design and new features that include Facebook Messenger and a Wi-Fi Analyzer tool. Customers can also manage their accounts, resolve service issues, and connect to live and on-demand streaming Fios TV content on Fios Mobile.
The new My Fios App began rolling out earlier this month and is now available to all customers.
New Wi-Fi Analyzer Feature
Fios already has the fastest in-home Wi-Fi available, and now it’s getting even better as customers can improve their Wi-Fi coverage by the touch of a screen using the My Fios App.
When paired with the Fios Quantum Gateway router, the app can – with a single touch – evaluate performance between all connected Wi-Fi devices and the router, identify possible sources of signal interference, and either resolve the issues or make recommendations to the customer on steps they can take to improve performance. Whatever the customer’s level of technical expertise, the Wi-Fi Analyzer makes it easier than ever to get the most out of Fios Internet over Wi-Fi.
Facebook Messenger Integration
Verizon Fios customers can now directly message us through Facebook Messenger and get a quick response from one of our technical experts when they have a question or need assistance. To make this even easier, Facebook Messenger is now directly integrated into the new My Fios App, so customers don’t need to switch applications to immediately start chatting with Verizon customer service reps.
The redesigned My Fios App also comes with an all-new look and feel that makes it simpler to view and pay bills, view missed calls and voicemails, and get customer support.