Tag: Verizon

The acquisition of Yahoo by Verizon

VZ –. Verizon Communications Inc, provides communication, information and entertainment worldwide.

VZ– Verizon Communications Inc

Fundamentals Previously closed at 56.10
Day’s high 56.95
Day’s low 55.63
P/E ratio 12.65
EPS 4.41

 

Analysts opinion Verizon announced today that it would buy Yahoo’s core business at $4.83 Billion in cash to expand its digital advertising and media business. Verizon had bought AOL last year for $4.4Billion, and the acquisition of Yahoo is expected to aid AOL’s internet business. Yahoo had quite a few bidders, including AT&T, Comcast, CBS, Alibaba etc. and Verizon outbid them, to close the biggest sale this year. Verizon, a traditional telecommunication company now has valuable digital properties, which provides a competitive edge. Also, the advertising base of Verizon is believed to increase by 200 million due to the deal. Analyst confidence meter, a proprietary algorithm of Stockal gives 45% positive rating based on analyst ratings.
Sentiments The sentiment index is 100% positive according to Stockal proprietary algorithm.
Social Media Pulse The stock has 100% higher social media chatter than usual.

 


Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/