Verizon Communications Inc. (NYSE:VZ) went up by 0.36% from its latest closing price compared to the recent 1-year high of $62.22. The company’s stock price has collected 1.78% of gains in the last five trading sessions.
Is It Worth Investing in Verizon Communications Inc. (NYSE :VZ) Right Now?
Verizon Communications Inc. (NYSE:VZ) scored a price-to-earnings ratio above its average ratio, recording 13.10 x from its present earnings ratio. Plus, the 36-month beta value for VZ is at 0.41. Opinions of the stock are interesting as 8 analysts out of 24 who provided ratings for Verizon Communications Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 15 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $61.30, which is -$0.39 below the current price. VZ currently public float of 4.14B and currently shorts hold a 0.73% ratio of that float. Today, the average trading volume of VZ was 14.16M shares.
VZ’s Market Performance
VZ stocks went up by 1.78% for the week, with a monthly jump of 2.38% and a quarterly performance of 6.50%, while its annual performance rate touched 1.10%. The volatility ratio for the week stands at 1.30% while the volatility levels for the past 30 days are set at 1.30% for Verizon Communications Inc.. The simple moving average for the period of the last 20 days is 1.42% for VZ stocks with a simple moving average of 5.41% for the last 200 days.
Analysts’ Opinion of VZ
Many brokerage firms have already submitted their reports for VZ stocks, with Argus repeating the rating for VZ by listing it as a “Buy.” The predicted price for VZ in the upcoming period, according to Argus is $68 based on the research report published on September 8th of the current year 2020.
Raymond James, on the other hand, stated in their research note that they expect to see VZ reach a price target of $68. The rating they have provided for VZ stocks is “Outperform” according to the report published on March 16th, 2020.
Cowen gave a rating of “ Outperform” to VZ, setting the target price at $61 in the report published on March 2nd of the current year.
VZ Trading at 4.36% from the 50-Day Moving Average
After a stumble in the market that brought VZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.62% of loss for the given period.
Volatility was left at 1.30%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +2.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.41% upper at present.
During the last 5 trading sessions, VZ rose by +1.78%, which changed the moving average for the period of 200-days by +1.05% in comparison to the 20-day moving average, which settled at $59.82. In addition, Verizon Communications Inc. saw -1.32% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at VZ starting from Skiadas Anthony T, who sold 10,744 shares at the price of $57.10 back on May 01. After this action, Skiadas Anthony T now owns 26,201 shares of Verizon Communications Inc., valued at $613,429 using the latest closing price.
Dunne Ronan, the EVP and Group CEO-VZ Consumer of Verizon Communications Inc., bought 18,839 shares at $53.47 during a trade that took place back on Feb 28, which means that Dunne Ronan is holding 33,956 shares at $1,007,321 based on the most recent closing price.
Stock Fundamentals for VZ
Current profitability levels for the company are sitting at:
- +23.13 for the present operating margin
- +45.85 for the gross margin
The net margin for Verizon Communications Inc. stands at +14.61. The total capital return value is set at 16.77, while invested capital returns managed to touch 11.35. Equity return is now at value 31.50, with 6.60 for asset returns.
Based on Verizon Communications Inc. (VZ), the company’s capital structure generated 216.86 points at debt to equity in total, while total debt to capital is 68.44. Total debt to assets is 45.64, with long-term debt to equity ratio resting at 5.66. Finally, the long-term debt to capital ratio is 194.00.
When we switch over and look at the enterprise to sales, we see a ratio of 2.92, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 5.06 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.