As on Wednesday, Verizon Communications Inc (NYSE: VZ) started slowly as it slid -0.53% to $39.49, before settling in for the price of $39.70 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 company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 0.50%. Meanwhile, its Annual Earning per share during the time was -6.03%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -2.63%. 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 $166.03 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.46, while the 200-day Moving Average is $36.84.
Verizon Communications Inc (VZ) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Telecom Services industry. Verizon Communications Inc’s current insider ownership accounts for 0.04%, in contrast to 63.37% 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
Verizon Communications Inc’s EPS decrease for this current 12-month fiscal period is -2.63% and is forecasted to reach 4.72 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 0.67. The Stock has managed to achieve an average true range (ATR) of 0.85. Alongside those numbers, its PE Ratio stands at $14.73, 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 1.24. Similarly, its price to free cash flow for trailing twelve months is now 8.70.
In the same vein, VZ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.68, a figure that is expected to reach 1.16 in the next quarter, and analysts are predicting that it will be 4.72 at the market close of one year from today.
Technical Analysis of Verizon Communications Inc (VZ)
Through scrutinizing the latest numbers posted by the [Verizon Communications Inc, VZ], it can be observed that its last 5-days Average volume of 27.61 million was better the volume of 20.23 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 22.84% While, its Average True Range was 0.93.
Raw Stochastic average of Verizon Communications Inc (VZ) in the period of the previous 100 days is set at 43.53%, which indicates a major rise in contrast to 24.00% 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 26.39% that was higher than 22.24% volatility it exhibited in the past 100-days period.
