Verizon Communications Inc (NYSE: VZ) flaunted slowness of -0.78% at $40.52, before settling in for the price of $40.84 at the close. Taking a more long-term approach, VZ posted a 52-week range of $30.14-$43.42.
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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 0.50%. Meanwhile, its Annual Earning per share during the time was -6.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.74%. This publicly-traded company’s shares outstanding now amounts to $4.20 billion, simultaneously with a float of $4.20 billion. The organization now has a market capitalization sitting at $170.36 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.74, while the 200-day Moving Average is $36.69.
Verizon Communications Inc (VZ) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Verizon Communications Inc industry. Verizon Communications Inc’s current insider ownership accounts for 0.04%, in contrast to 63.36% institutional ownership. According to the most recent insider trade that took place on Feb 22 ’24, this organization’s EVP and Group CEO-VZ Business sold 24,000 shares at the rate of 40.80, making the entire transaction reach 979,200 in total value, affecting insider ownership by 35,201. Preceding that transaction, on Feb 15 ’24, Company’s EVP and Group CEO-VZ Business sold 15,000 for 40.33, making the whole transaction’s value amount to 604,950. This particular insider is now the holder of 59,201 in total.
Verizon Communications Inc (VZ) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted $1.08 earnings per share (EPS) during the time that was better the consensus figure (set at $1.07) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.15 per share during the current fiscal year.
Verizon Communications Inc’s EPS decrease for this current 12-month fiscal period is -2.74% and is forecasted to reach 4.71 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.13% through the next 5 years, which can be compared against the -6.03% growth it accomplished over the previous five years trading on the market.
Verizon Communications Inc (NYSE: VZ) Trading Performance Indicators
Let’s observe the current performance indicators for Verizon Communications Inc (VZ). It’s Quick Ratio in the last reported quarter now stands at 0.60. The Stock has managed to achieve an average true range (ATR) of 0.70. Alongside those numbers, its PE Ratio stands at $14.70, and its Beta score is 0.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.27. Similarly, its price to free cash flow for trailing twelve months is now 9.11.
In the same vein, VZ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.76, a figure that is expected to reach 1.12 in the next quarter, and analysts are predicting that it will be 4.71 at the market close of one year from today.
Technical Analysis of Verizon Communications Inc (VZ)
Now, what If we examine the latest scores posted by [Verizon Communications Inc, VZ]. During the last 5-days, its volume was lower the volume of 19.89 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 21.41% While, its Average True Range was 0.72.
Raw Stochastic average of Verizon Communications Inc (VZ) in the period of the previous 100 days is set at 61.74%, which indicates a major rise in contrast to 16.19% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 16.72% that was lower than 20.32% volatility it exhibited in the past 100-days period.
