Verizon Communications Inc (NYSE: VZ) kicked off on Monday, up 2.78% from the previous trading day, before settling in for the closing price of $39.54. Over the past 52 weeks, VZ has traded in a range of $37.58-$45.36.
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Annual sales at Communication Services sector company grew by 0.47% over the past five years. While this was happening, its average annual earnings per share was recorded 1.93%. 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 99600 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 Updates
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 0.05%, while institutional ownership is 64.95%. The most recent insider transaction that took place on Jan 27 ’25, was worth 407,223. Before that another transaction happened on Jan 27 ’25, when Company’s Officer proposed sale 10,000 for $40.35, making the entire transaction worth $403,493.
Verizon Communications Inc (VZ) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.64% during the next five years compared to -2.31% 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 0.59. 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 8.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.14, a number that is poised to hit 1.15 in the next quarter and is forecasted to reach 4.86 in one year’s time.
Technical Analysis of Verizon Communications Inc (VZ)
Verizon Communications Inc (NYSE: VZ) saw its 5-day average volume 31.0 million, a positive change from its year-to-date volume of 25.85 million. As of the previous 9 days, the stock’s Stochastic %D was 78.54%. Additionally, its Average True Range was 0.74.
During the past 100 days, Verizon Communications Inc’s (VZ) raw stochastic average was set at 39.29%, which indicates a significant decrease from 94.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.57% in the past 14 days, which was lower than the 21.72% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.90, while its 200-day Moving Average is $41.20. Nevertheless, the first resistance level for the watch stands at $40.95 in the near term. At $41.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $41.70. If the price goes on to break the first support level at $40.19, it is likely to go to the next support level at $39.74. Assuming the price breaks the second support level, the third support level stands at $39.44.
Verizon Communications Inc (NYSE: VZ) Key Stats
The company with the Market Capitalisation of 171.08 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.
