Analysts See $0.08 EPS for Cementos Pacasmayo S.A.A. (CPAC); Last Week Verizon Communications Inc. (VZ) Coverage

April 19, 2018 - By Hazel Jackson

Verizon Communications Inc. (NYSE:VZ) Logo

Among 29 analysts covering Verizon Communications Inc. (NYSE:VZ), 10 have Buy rating, 0 Sell and 19 Hold. Therefore 34% are positive. Verizon Communications Inc. had 77 analyst reports since July 22, 2015 according to SRatingsIntel. FBR Capital downgraded it to “Mkt Perform” rating and $52 target in Wednesday, January 25 report. As per Thursday, April 7, the company rating was downgraded by Jefferies. The firm has “Hold” rating given on Thursday, July 27 by Oppenheimer. On Monday, September 7 the stock rating was downgraded by Zacks to “Hold”. The stock of Verizon Communications Inc. (NYSE:VZ) has “Mkt Perform” rating given on Wednesday, January 25 by Raymond James. As per Monday, July 31, the company rating was maintained by RBC Capital Markets. Moffett Nathanson upgraded the stock to “Buy” rating in Wednesday, February 28 report. Nomura initiated the stock with “Neutral” rating in Friday, October 16 report. Bank of America maintained the stock with “Buy” rating in Friday, October 20 report. On Tuesday, February 21 the stock rating was upgraded by Moffett Nathanson to “Buy”. See Verizon Communications Inc. (NYSE:VZ) latest ratings:

28/03/2018 Broker: HSBC Rating: Buy New Target: $55.0000 Upgrade
13/03/2018 Broker: Guggenheim Rating: Buy New Target: $58 Initiates Coverage On
28/02/2018 Broker: Moffett Nathanson Rating: Buy Upgrade
24/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $52.0 Maintain
24/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $57.0 Maintain
24/01/2018 Broker: Jefferies Rating: Hold New Target: $58.0 Maintain
23/01/2018 Broker: Cowen & Co Rating: Hold New Target: $54.0 Maintain
23/01/2018 Broker: SunTrust Rating: Hold New Target: $58.0 Maintain
24/01/2018 Broker: Nomura Old Rating: Buy New Rating: Buy Old Target: $61 New Target: $63 Maintain
24/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $52 New Target: $58 Maintain

Analysts expect Cementos Pacasmayo S.A.A. (NYSE:CPAC) to report $0.08 EPS on April, 25.They anticipate $0.02 EPS change or 33.33% from last quarter’s $0.06 EPS. CPAC’s profit would be $6.98M giving it 37.84 P/E if the $0.08 EPS is correct. The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.11. About 3,811 shares traded. Cementos Pacasmayo S.A.A. (NYSE:CPAC) has declined 0.28% since April 19, 2017 and is downtrending. It has underperformed by 11.83% the S&P500.

Cementos Pacasmayo S.A.A., a cement company, produces, distributes, and sells cement and cement-related materials in the northern region of Peru. The company has market cap of $1.06 billion. It operates in three divisions: Cement, Concrete and Blocks; Quicklime; and Sales of Construction Supplies. It currently has negative earnings. It produces cement for various uses, such as residential and commercial construction, and civil engineering; ready-mix concrete used in large construction sites; and concrete blocks, such as paving units or paver stones for pedestrian walkways, as well as other bricks for partition walls and concrete blocks for structural and non-structural uses.

Among 4 analysts covering Cementos Pacasmayo S.A.A. (NYSE:CPAC), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Cementos Pacasmayo S.A.A. had 6 analyst reports since March 15, 2016 according to SRatingsIntel. Bank of America upgraded the shares of CPAC in report on Wednesday, March 7 to “Neutral” rating. Bank of America maintained the shares of CPAC in report on Friday, July 21 with “Underperform” rating. On Friday, October 27 the stock rating was maintained by Barclays Capital with “Equal-Weight”. Barclays Capital maintained it with “Hold” rating and $11 target in Monday, May 1 report. UBS initiated Cementos Pacasmayo S.A.A. (NYSE:CPAC) rating on Tuesday, March 15. UBS has “Neutral” rating and $8.60 target.

The stock decreased 0.47% or $0.23 during the last trading session, reaching $48.62. About 8.35M shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 3.72% since April 19, 2017 and is downtrending. It has underperformed by 15.27% the S&P500.

Verizon Communications Inc., through its subsidiaries, provides communications, information, and entertainment services and products to consumers, businesses, and governmental agencies worldwide. The company has market cap of $200.70 billion. The Company’s Wireless segment offers wireless voice and data services; Internet access on various smart and basic phones, notebook computers, and tablets; and multimedia access, business-focused, location-based, global data, home phone handsets, and high-speed Internet services, as well as network access and value added services to support wireless connections for the Internet of Things . It has a 6.61 P/E ratio. This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.

Investors sentiment increased to 1.02 in Q4 2017. Its up 0.14, from 0.88 in 2017Q3. It is positive, as 57 investors sold Verizon Communications Inc. shares while 662 reduced holdings. 141 funds opened positions while 592 raised stakes. 2.54 billion shares or 0.48% more from 2.53 billion shares in 2017Q3 were reported. Lowe Brockenbrough And Co holds 0.36% or 47,705 shares in its portfolio. Benjamin F Edwards owns 85,657 shares. Estabrook Cap Mngmt reported 296,455 shares. Mechanics Comml Bank Tru Department has invested 0.77% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Wilbanks Smith & Thomas Asset Mgmt Limited Liability Corporation has invested 0.47% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Grisanti Cap Mgmt Llc reported 45,207 shares. Northstar Gru, New York-based fund reported 21,227 shares. Summit Strategies accumulated 7,900 shares. 16,688 were accumulated by Mycio Wealth Prns Ltd Liability Corporation. Huber Management Ltd Liability holds 0.06% or 21,615 shares in its portfolio. Vanguard Gru stated it has 0.67% of its portfolio in Verizon Communications Inc. (NYSE:VZ). Pinnacle Fincl owns 145,530 shares for 0.81% of their portfolio. First Bancorporation Of Hutchinson, Kansas-based fund reported 5,762 shares. Hartford Inv Mngmt Com owns 897,207 shares. Peoples Financial Serv, a Pennsylvania-based fund reported 61,538 shares.

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