On Monday, Verizon Communications Inc (NYSE: VZ) was -0.10% drop from the session before settling in for the closing price of $40.48. A 52-week range for VZ has been $35.40 – $45.36.
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Annual sales at Communication Services sector company grew by 0.50% over the past five years. When this article was written, the company’s average yearly earnings per share was at -2.66%. With a float of $4.21 billion, this company’s outstanding shares have now reached $4.21 billion.
Let’s look at the performance matrix of the company that is accounted for 105400 employees. In terms of profitability, gross margin is 59.95%, operating margin of 16.29%, and the pretax margin is 10.87%.
Verizon Communications Inc (VZ) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Verizon Communications Inc stocks. The insider ownership of Verizon Communications Inc is 0.04%, while institutional ownership is 64.47%. 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) Latest Financial update
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
You can see what Verizon Communications Inc (VZ) is doing with its current performance indicators. In the most recent quarter, the stock posted 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 9.16.
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)
Verizon Communications Inc (NYSE: VZ) saw its 5-day average volume 19.39 million, a positive change from its year-to-date volume of 18.61 million. As of the previous 9 days, the stock’s Stochastic %D was 2.28%. Additionally, its Average True Range was 0.74.
During the past 100 days, Verizon Communications Inc’s (VZ) raw stochastic average was set at 26.13%, which indicates a significant increase from 1.20% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.49% in the past 14 days, which was lower than the 22.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.08, while its 200-day Moving Average is $41.17. Nevertheless, the first resistance level for the watch stands at $40.74 in the near term. At $41.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.21. If the price goes on to break the first support level at $40.27, it is likely to go to the next support level at $40.11. The third support level lies at $39.80 if the price breaches the second support level.
Verizon Communications Inc (NYSE: VZ) Key Stats
There are 4,209,626K outstanding shares of the company, which has a market capitalization of 169.86 billion. As of now, sales total 133,974 M while income totals 11,614 M. Its latest quarter income was 33,330 M while its last quarter net income were 3,306 M.
