Verizon Communications Intrinsic Value Calculation – Verizon Communications Contributes to Dow’s 37-Point Drop

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Verizon Communications Intrinsic Value Calculation – According to market data, both Home Depot and Verizon ($NYSE:VZ)’s stock prices have fallen by a significant margin, leading to the overall drop in the Dow Jones. Analysts point out that the decline in Verizon’s stock prices was largely due to weaker than expected quarterly earnings reported by the company. This led to investors selling their shares in the company, driving down the stock price.

Meanwhile, Home Depot’s falling stock prices were attributed to weaker than expected sales figures in the past quarter. Investors have responded to weaker than expected growth figures by selling their shares in the company, thereby contributing to the 37-point drop in the Dow.

Share Price

On Thursday, VERIZON COMMUNICATIONS stock opened at $38.1 and closed at $38.4, a mere 0.3% increase from its previous closing price of 38.3. Despite such minimal change, the stock had a greater effect on the Dow Jones Industrial Average (DJIA), of which it is part of, causing a 37-point drop across the board. The news sentiment towards VERIZON COMMUNICATIONS is mostly negative at the moment, with investors wary of its performance. As the sixth-largest company on the Dow, VERIZON COMMUNICATIONS’ minor gain was not enough to counteract the steeper losses of other blue-chip companies, leading to an overall decrease in the DJIA. 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 Value Calculation

A t G o o d W h a l e , w e h a v e c o n d u c t e d a n a n a l y s i s o n t h e f u n d a m e n t a l s o f V E R I Z O N C O M M U N I C A T I O N S . 2 . 4 % . O u r a n a l y s i s c o n c l u d e s t h a t t h e c u r r e n t m a r k e t c o n d i t i o n s m a k e i t a g o o d t i m e t o c o n s i d e r b u y i n g V E R I Z O N C O M M U N I C A T I O N S s t o c k. 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 has taken a hit on the Dow Jones Industrial Average, with a 37-point drop in a single day. This reflects the overall bearish sentiment in the market across sectors, particularly in the communications space. Investors should consider the potential risks when investing in Verizon Communications, such as decreased earnings due to falling demand and customer losses.

Additionally, competition from other tech giants could further impact Verizon’s performance. While it may be attractive to investors looking for short-term gains, long-term investors should be wary of the risks associated with investing in Verizon Communications.