60.11 -0.10 (-0.17%)
Pre-Market: 8:38AM EST
|Bid||60.11 x 1800|
|Ask||60.20 x 800|
|Day's Range||58.91 - 60.39|
|52 Week Range||45.50 - 60.39|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||7.70|
|Earnings Date||Jan 22, 2019|
|Forward Dividend & Yield||2.41 (4.00%)|
|1y Target Est||58.29|
Verizon (VZ) integrates Vidder's advanced technology within its SDP service to enable organizations to protect application infrastructure against cyber threats.
In the previous part of this series, we looked at Verizon’s (VZ) prepaid subscriber net additions trend over the past few quarters. Now in this article, we’ll discuss Verizon’s customer retention metric, the churn rate. Verizon is the leading US wireless service provider with the largest retail postpaid market share and the lowest postpaid phone churn rate.
Now let’s look at AT&T’s (T) technical indicators and compare them to peers in the telecom space. Recently, AT&T dipped below its 20-day moving average, which indicates bearish sentiment in the company. On November 13, AT&T stock closed the trading day at $30.33. Based on this figure, the stock was trading 2.2% below its 20-day moving average of $31.02, 6.2% below its 50-day moving average of $32.34, and 5.9% below its 100-day moving average of $32.22.
Verizon Communications Inc.'s ( VZ) stock has underperformed the broader stock for the past five years rising 20% versus the S&P 500 rise of 52%. Technical analysis suggests the stock may increase 7% more in the coming weeks. Suddenly investors are focusing and looking to Verizon's future as the company begins to roll out the fifth generation of high-speed wireless technology, also known as 5G.
RCS support has been slow to roll out, but another major US carrier will soon jump on board. Verizon announced at an event that the company would support the messaging system in "early 2019," joining Sprint, US Cellular and the limited support currently offered by T-Mobile. While Verizon wouldn't confirm to The Verge that it planned to support Universal Profile 1.0, GSMA told the publication that Verizon's RCS would, and if it does, that will be a significant step towards making RCS the SMS replacement it promises to be.
Tech stocks have been volatile lately, but there are a number of new secular trends which investors are looking to remain exposed to in the long-term, including the Internet of Things. Check out these three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon!
The key market indexes ended mixed after sharply paring early losses in the stock market today. The Nasdaq gave up small gains to finish in the red.
A wreck in semiconductor stocks sent the Nasdaq composite down nearly 1% at midday Friday, as the main indexes pared losses, but the rebound faded.
Verizon (VZ) widens its lead over rivals in the race to 5G service and is expected to be the first to offer a 5G upgrade-able smartphone on its network in 2019.
T-Mobile Chief Financial Officer J. Braxton Carter expressed confidence amid the regulatory review process for the company's deal with Sprint, signaling a shakeup for AT&T.
Multi-SIM phones are all fine and dandy, but they have their limits: you rarely get more than two lines, and they may be overkill if you just want a new set of digits rather than a wholly separate connection. Verizon (Engadget's parent company) thinks it has a fix. You can divide them by personal and work lines, and use them for unlimited domestic calling and texting.
NEW YORK, Nov. 16, 2018 -- Verizon (NYSE, Nasdaq: VZ) today acquired the PrecisionAccess™ solution and other Software Defined Perimeter (SDP) related assets from privately held.
Let’s take a look at Verizon’s (VZ) prepaid subscriber net additions trend. The telecom company has been losing prepaid customers over the past few quarters. In the third quarter, Verizon lost 96,000 prepaid subscribers compared to 139,000 net additions in the year-ago quarter. The management reaffirmed its commitment to the prepaid space during the third-quarter earnings conference call.
Verizon (VZ) remains committed to paying higher dividends. The telecom company has declared a quarterly dividend of $0.60 per share in the third quarter, up ~2.1% YoY. Verizon has paid total dividends of $2.4 billion in the third quarter. The quarterly dividend was equivalent to an annualized dividend of $2.41 per share and a dividend yield of ~4.1% as of November 14. In comparison, AT&T (T) has a dividend yield of ~6.6%. T-Mobile (TMUS) and Sprint (S) don’t pay equity dividends.
AT&T’s (T) closing price on November 13 was $30.33 per share. Based on that closing price, AT&T has a market capitalization of $220.7 billion—the second-highest among major US wireless carriers. The stock is trading 5.1% above its 52-week low of $28.85 per share and 22.9% below its 52-week high of $39.33 per share.
Verizon (VZ), the largest wireless carrier in the United States, is on track to hit its target of generating $10 billion in cumulative cash savings from its operations by 2021. The telecom company’s cost-cutting initiative includes zero-based budgeting, which has resulted in $1.3 billion of cumulative cash savings on a YTD basis. Verizon’s Voluntary Separation Program is also one of the company’s initiatives to cut costs.
According to data compiled by Reuters as of November 13, 53% of the 32 analysts covering AT&T (T) stock have given it a “hold” rating. Only 38% of analysts have given the stock “buy” ratings while the remaining 9% have maintained a bearish view on the stock with “sell” ratings.
NEW YORK, Nov. 16, 2018 -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) is holding a sellside analyst meeting today (Nov. 16) in New York. Presentation materials from Verizon.
As of November 13, AT&T’s (T) market capitalization was $220.7 billion, making it the second-largest US wireless carrier. Verizon (VZ) had a market capitalization of $242.4 billion, T-Mobile (TMUS) had $58.0 billion, and Sprint (S) had $25.3 billion.
Institutions like global banks, pension funds, endowments and hedge funds actually move the markets. Individual investors like you and me try to draft behind the whales and feed off of their leftovers. If institutions are favoring large cap tech stocks, they will rise.
IRVINE, Calif., Nov. 15, 2018 -- For our customers impacted by the Camp Fire, Woolsey Fire and Hill Fire in California, Verizon Wireless is saying “We’ve Got Your.