Verizon Communications Inc (NYSE: VZ) kicked off on Friday, down -1.83% from the previous trading day, before settling in for the closing price of $42.13. Over the past 52 weeks, VZ has traded in a range of $35.15-$45.36.
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Communication Services Sector giant saw their annual sales surged by 0.50% over the last five years. While this was happening, its average annual earnings per share was recorded -2.66%. With a float of $4.21 billion, this company’s outstanding shares have now reached $4.21 billion.
The firm has a total of 105400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 56.62%, operating margin of 16.29%, and the pretax margin is 10.87%.
Verizon Communications Inc (VZ) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Telecom Services Industry. The insider ownership of Verizon Communications Inc is 0.04%, while institutional ownership is 64.43%. The most recent insider transaction that took place on Nov 01 ’24, was worth 390,082. Before that another transaction happened on Oct 01 ’24, when Company’s Officer proposed sale 9,259 for $44.96, making the entire transaction worth $416,285.
Verizon Communications Inc (VZ) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -2.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% during the next five years compared to -6.03% drop over the previous five years of trading.
Verizon Communications Inc (NYSE: VZ) Trading Performance Indicators
Take a look at Verizon Communications Inc’s (VZ) current performance indicators. Last quarter, stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.27. Likewise, its price to free cash flow for the trailing twelve months is 9.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.32, a number that is poised to hit 1.11 in the next quarter and is forecasted to reach 4.73 in one year’s time.
Technical Analysis of Verizon Communications Inc (VZ)
Analysing the last 5-days average volume posted by the [Verizon Communications Inc, VZ], we can find that recorded value of 18.56 million was lower than the volume posted last year of 18.61 million. As of the previous 9 days, the stock’s Stochastic %D was 27.91%. Additionally, its Average True Range was 0.83.
During the past 100 days, Verizon Communications Inc’s (VZ) raw stochastic average was set at 39.94%, which indicates a significant increase from 17.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.93% in the past 14 days, which was higher than the 22.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.15, while its 200-day Moving Average is $41.18. Now, the first resistance to watch is $42.04. This is followed by the second major resistance level at $42.72. The third major resistance level sits at $43.09. If the price goes on to break the first support level at $40.99, it is likely to go to the next support level at $40.62. Should the price break the second support level, the third support level stands at $39.94.
Verizon Communications Inc (NYSE: VZ) Key Stats
The company with the Market Capitalisation of 170.93 billion has total of 4,209,626K Shares Outstanding. Its annual sales at the moment are 133,974 M in contrast with the sum of 11,614 M annual income. Company’s last quarter sales were recorded 33,330 M and last quarter income was 3,306 M.
