NYSE:VZTelecom
Verizon (VZ): Assessing Valuation as Shares Grind Higher Despite Recent Three-Month Soft Patch
Verizon Communications (VZ) has been quietly grinding higher, with shares up about 2% over the past week even as the past 3 months remain slightly negative. That mix sets up an interesting value discussion.
See our latest analysis for Verizon Communications.
Zooming out, Verizon’s 1 year total shareholder return of 8.58% and 3 year total shareholder return above 30% suggest improving sentiment, even though the current share price of $40.88 still reflects modest expectations.
If Verizon’s...