The price-to-earnings ratio for Verizon Communications Inc. (NYSE: VZ) is above average at 7.06x, while the 36-month beta value is 0.35.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 1 as “overweight,” 19 as “hold,” and 1 as “sell.”
The average price point forecasted by analysts for Verizon Communications Inc. (VZ) is $41.98, which is $7.65 above the current market price. The public float for VZ is 4.20B, and currently, short sellers hold a 1.04% ratio of that floaft. The average trading volume of VZ on May 24, 2023 was 18.82M shares.
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VZ) stock’s latest price update
Verizon Communications Inc. (NYSE: VZ) has seen a decline in its stock price by -0.61 in relation to its previous close of 36.24. However, the company has experienced a -0.44% decline in its stock price over the last five trading sessions. Barron’s reported on 03/24/23 that Fixed Wireless Is the New Telecom Thing. 2 Big Plays.
VZ’s Market Performance
VZ’s stock has fallen by -0.44% in the past week, with a monthly drop of -3.43% and a quarterly drop of -6.51%. The volatility ratio for the week is 1.54% while the volatility levels for the last 30 days are 1.76% for Verizon Communications Inc. The simple moving average for the last 20 days is -3.39% for VZ stock, with a simple moving average of -8.02% for the last 200 days.
VZ Trading at -4.88% 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 -30.97% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares sank -2.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.33% lower at present.
During the last 5 trading sessions, VZ fell by -0.44%, which changed the moving average for the period of 200-days by -19.13% in comparison to the 20-day moving average, which settled at $37.24. In addition, Verizon Communications Inc. saw -8.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VZ starting from Silliman Craig L., who sale 3,340 shares at the price of $39.21 back on Apr 10. After this action, Silliman Craig L. now owns 73,015 shares of Verizon Communications Inc., valued at $130,961 using the latest closing price.
Silliman Craig L., the EVP&Pres.-VZ Global Services of Verizon Communications Inc., sale 3,342 shares at $38.00 during a trade that took place back on Mar 27, which means that Silliman Craig L. is holding 76,355 shares at $126,996 based on the most recent closing price.
Stock Fundamentals for VZ
Current profitability levels for the company are sitting at:
- +22.27 for the present operating margin
- +44.29 for the gross margin
The net margin for Verizon Communications Inc. stands at +15.53. The total capital return value is set at 11.50, while invested capital returns managed to touch 8.47. Equity return is now at value 24.20, with 5.70 for asset returns.
Based on Verizon Communications Inc. (VZ), the company’s capital structure generated 193.46 points at debt to equity in total, while total debt to capital is 65.92. Total debt to assets is 46.44, with long-term debt to equity ratio resting at 178.00. Finally, the long-term debt to capital ratio is 60.65.
When we switch over and look at the enterprise to sales, we see a ratio of 2.38, with the company’s debt to enterprise value settled at 0.52. The receivables turnover for the company is 5.50 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In a nutshell, Verizon Communications Inc. (VZ) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
