On Monday, Verizon Communications Inc (NYSE: VZ) was 1.44% up from the session before settling in for the closing price of $41.65. A 52-week range for VZ has been $35.93 – $45.36.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 0.50%. 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.
Considering the fact that the conglomerate employs 105400 people, you should pay attention to its efficiency factor. 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 Activity
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 0.05%, while institutional ownership is 64.96%. 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
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 1.35. Likewise, its price to free cash flow for the trailing twelve months is 9.78.
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)
Compared to the last year’s volume of 18.59 million, its volume of 17.89 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 75.62%. Additionally, its Average True Range was 0.76.
During the past 100 days, Verizon Communications Inc’s (VZ) raw stochastic average was set at 53.30%, which indicates a significant decrease from 84.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.73% in the past 14 days, which was lower than the 22.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.01, while its 200-day Moving Average is $41.14. Nevertheless, the first resistance level for the watch stands at $42.66 in the near term. At $43.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.57. If the price goes on to break the first support level at $41.75, it is likely to go to the next support level at $41.26. Should the price break the second support level, the third support level stands at $40.85.
Verizon Communications Inc (NYSE: VZ) Key Stats
There are 4,209,626K outstanding shares of the company, which has a market capitalization of 181.25 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.