Verizon Communications Intrinsic Stock Value – Verizon Strengthens Position as KeyBanc Upgrades Stock Compared to AT&T

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Verizon Communications ($NYSE:VZ), one of the largest telecommunications companies in the United States, has seen its stock bolstered recently after analyst firm KeyBanc upgraded the stock compared to its competitor AT&T. This upgrade has resulted in a gain for Verizon, strengthening its position in the telecommunications market. The upgrade was based on KeyBanc’s assessment that Verizon has a stronger fundamental position than AT&T, with more attractive growth opportunities and a better balance sheet. Verizon’s strong performance has been further highlighted by its ability to consistently generate positive free cash flow, as well as its commitment to returning cash to shareholders through dividends and share repurchases. This strong financial position has enabled Verizon to remain competitive in a rapidly changing industry.

Overall, KeyBanc’s upgrade of Verizon’s stock is a testament to the strength of Verizon’s position in the telecommunications market and its solid financial performance. The upgrade is likely to result in further gains for Verizon, making it an attractive investment for those looking for a secure option in the telecommunications industry.

Share Price

On Wednesday, VERIZON COMMUNICATIONS stock opened at $39.5 and closed at $39.2, representing a 0.7% increase from the prior closing price of 38.9. This comes shortly after KeyBanc upgraded the stock from neutral to overweight, citing their belief that the company has a stronger position compared to AT&T. This upgrade is a reflection of the strides made by VERIZON COMMUNICATIONS to strengthen their services and customer offerings. Going forward, VERIZON COMMUNICATIONS looks to continue growing its market share in the telecom sector and to remain competitive with AT&T. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Verizon Communications. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Verizon Communications. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Verizon Communications. More…

Key Ratios Snapshot

Some of the financial key ratios for Verizon Communications are shown below. More…

Analysis – Verizon Communications Intrinsic Stock Value

At GoodWhale, we provide comprehensive financial analysis to help our customers make informed decisions. In the case of VERIZON COMMUNICATIONS, our analysis reveals that the intrinsic value of the stock is around $45.4. This value was calculated using our proprietary Valuation Line. Despite the stock’s intrinsic value, the current trading price is $39.2, indicating that it is undervalued by 13.7%. Therefore, investors can expect to see a return on their investment should they choose to purchase VERIZON COMMUNICATIONS stock at its current price. More…

Peers

Verizon Communications Inc is a leading telecommunications, Internet, and television provider in the United States. It has a wide range of competitors, including AT&T Inc, T-Mobile US Inc, America Movil SAB de CV. Each of these companies has its own strengths and weaknesses, but Verizon is generally considered to be a leader in the industry.

– AT&T Inc ($NYSE:T)

AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world’s largest telecommunications company, the second largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. Since June 14, 2018, it also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue. As of 2021, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.

AT&T Inc. has a market cap of 110.74B as of 2022 and a Return on Equity of 12.91%. AT&T is the world’s largest telecommunications company and the second largest provider of mobile telephone services. The company also owns the media conglomerate WarnerMedia, making it the world’s largest entertainment company in terms of revenue.

– T-Mobile US Inc ($NASDAQ:TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services to approximately 79 million customers as of the end of 2019. It also provides wireless devices, including smartphones, tablets, and other mobile communication devices; and accessories that are manufactured by various suppliers. In addition, the company offers its services to business and government customers; and wholesale customers, such as mobile virtual network operators and other telecommunications carriers. T-Mobile US, Inc. was founded in 1994 and is headquartered in Bellevue, Washington.

– America Movil SAB de CV ($OTCPK:AMXVF)

America Movil SAB de CV, also known as Telcel, is a Mexican telecommunications company headquartered in Mexico City, Mexico. As of 2022, it is the largest mobile network operator in Mexico, with a market share of approximately 70%. Telcel also provides fixed-line, broadband, and pay TV services in Mexico. The company was founded in 1972 and is a subsidiary of America Movil.

Summary

Verizon Communications Inc. recently received an upgrade from KeyBanc, which has positively impacted its stock price. This move has been beneficial to investors as it has helped the company to remain competitive in the market. KeyBanc has also noted that Verizon’s financials are robust and that its dividend is sustainable. All of these factors have enabled the company to provide a strong return on investment for its shareholders.