On Friday, Verizon Communications Inc (NYSE: VZ) opened higher 0.48% from the last session, before settling in for the closing price of $42.08. Price fluctuations for VZ have ranged from $36.46 to $45.36 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 0.50%. Company’s average yearly earnings per share was noted -2.62% at the time writing. With a float of $4.21 billion, this company’s outstanding shares have now reached $4.21 billion.
Let’s determine the extent of company efficiency that accounts 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) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Telecom Services industry is another important factor to consider. The insider ownership of Verizon Communications Inc is 0.05%, while institutional ownership is 64.91%. The most recent insider transaction that took place on Dec 02 ’24, was worth 409,852. Before that another transaction happened on Nov 01 ’24, when Company’s Officer proposed sale 9,259 for $42.13, making the entire transaction worth $390,082.
Verizon Communications Inc (VZ) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.62% 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
Check out the current performance indicators for Verizon Communications Inc (VZ). In the past 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 1.33. Likewise, its price to free cash flow for the trailing twelve months is 9.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.32, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 4.74 in one year’s time.
Technical Analysis of Verizon Communications Inc (VZ)
Looking closely at Verizon Communications Inc (NYSE: VZ), its last 5-days average volume was 14.1 million, which is a drop from its year-to-date volume of 18.34 million. As of the previous 9 days, the stock’s Stochastic %D was 10.72%. Additionally, its Average True Range was 0.69.
During the past 100 days, Verizon Communications Inc’s (VZ) raw stochastic average was set at 46.15%, which indicates a significant increase from 16.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.72% in the past 14 days, which was lower than the 20.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.48, while its 200-day Moving Average is $41.37. However, in the short run, Verizon Communications Inc’s stock first resistance to watch stands at $42.52. Second resistance stands at $42.75. The third major resistance level sits at $43.11. If the price goes on to break the first support level at $41.93, it is likely to go to the next support level at $41.57. Now, if the price goes above the second support level, the third support stands at $41.34.
Verizon Communications Inc (NYSE: VZ) Key Stats
There are currently 4,209,626K shares outstanding in the company with a market cap of 178.83 billion. Presently, the company’s annual sales total 133,974 M according to its annual income of 11,614 M. Last quarter, the company’s sales amounted to 33,330 M and its income totaled 3,306 M.
