Vz stock forecast among Wall Street strategists remains

VZ stock forecast among Wall Street strategists remains supportive, driven by solid free cash flow projections near $18 billion in FY2024, sustaining dividend policies. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. The business's fifty day simple moving average is $43.35 and its 200 day simple moving average is $43.40. The company has a current ratio of 0.64, a quick ratio of 0.60 and a debt-to-equity ratio of 1.19. The stock has a market cap of $183.54 billion, a price-to-earnings ratio of 10.15, a price-to-earnings-growth ratio of 3.35 and a beta of 0.36. Analysts tracking the VZ stock forecast note EPS projections around $4.55 for FY2024, underpinned by cost management in network infrastructure. Market sentiment is influenced by competitive pressures from AT&T and T-Mobile.