- Barrons.com•2 days ago
Somewhat surprisingly, even with a 24% and 20% move in AT&T (T) and Verizon Communications (VZ) year-to-date, respectively, we don’t sense investors’ enthusiasm is waning, despite some tougher headlines recently or those to come (i.e.: lower Verizon revisions due to labor issues, possible Verizon purchase of Yahoo (YHOO), negative handset subs from AT&T, high-spectrum costs, etc.). From a valuation perspective, AT&T is trading at 14.2 times next-12-months price/earnings multiple, by our estimates, which is one turn higher than its five-year historical average of 13.1 times. Verizon is currently trading at 13.9x NTM by our estimates, slightly off its historical average of 14.2 times.
Frontier Communications CorporationNasdaqGS
After hours: 5.180.01 (0.19%) as of 7:13 PM EDT
|Bid||5.08 x 1000|
|Ask||5.18 x 4000|
|52wk Range||3.81 - 5.85|
|Day's Range||5.08 - 5.20|
|Avg Vol (3m)||15,155,903|
As of 4:00 PM EDT. Market closed.