In the past week, VZ stock has gone down by -0.96%, with a monthly decline of -4.06% and a quarterly surge of 0.27%. The volatility ratio for the week is 1.71%, and the volatility levels for the last 30 days are 1.90% for Verizon Communications Inc The simple moving average for the last 20 days is 0.20% for VZ stock, with a simple moving average of 1.74% for the last 200 days.
Is It Worth Investing in Verizon Communications Inc (NYSE: VZ) Right Now?
Verizon Communications Inc (NYSE: VZ) has a price-to-earnings ratio of 15.14x that is above its average ratio. Additionally, the 36-month beta value for VZ is 0.41. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 24 rating it as “hold,” and 0 rating it as “sell.”
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The public float for VZ is 4.21B and currently, short sellers hold a 1.14% ratio of that float. The average trading volume of VZ on August 16, 2024 was 17.48M shares.
VZ) stock’s latest price update
The stock of Verizon Communications Inc (NYSE: VZ) has increased by 0.80 when compared to last closing price of 40.04. Despite this, the company has experienced a -0.96% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-15 that Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold candidates. The resulting list targets investors who “want to simply focus on profitable stocks without the fuss and bother of anything but an annual review and rebalance”. This inquiry will persist for months until a dozen or two truly qualified buy to hold qualifiers are determined from this ongoing search among large, well-established low-volatility and unsinkable companies.
Analysts’ Opinion of VZ
Many brokerage firms have already submitted their reports for VZ stocks, with Goldman repeating the rating for VZ by listing it as a “Buy.” The predicted price for VZ in the upcoming period, according to Goldman is $50 based on the research report published on July 01, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see VZ reach a price target of $39, previously predicting the price at $33. The rating they have provided for VZ stocks is “Neutral” according to the report published on March 22nd, 2024.
Barclays gave a rating of “Equal Weight” to VZ, setting the target price at $44 in the report published on January 31st of the current year.
VZ Trading at -0.73% 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 -7.05% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares sank -3.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.60% lower at present.
During the last 5 trading sessions, VZ fell by -1.17%, which changed the moving average for the period of 200-days by +16.33% in comparison to the 20-day moving average, which settled at $40.21. In addition, Verizon Communications Inc saw 7.06% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VZ starting from Silliman Craig L., who proposed sale 9,259 shares at the price of $40.72 back on Aug 01 ’24. After this action, Silliman Craig L. now owns shares of Verizon Communications Inc, valued at $377,026 using the latest closing price.
Malady Kyle, the EVP and Group CEO-VZ Business of Verizon Communications Inc, sale 24,000 shares at $40.80 during a trade that took place back on Feb 22 ’24, which means that Malady Kyle is holding 35,201 shares at $979,200 based on the most recent closing price.
Stock Fundamentals for VZ
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.6 for the gross margin
The net margin for Verizon Communications Inc stands at 0.08. The total capital return value is set at 0.07. Equity return is now at value 11.76, with 2.96 for asset returns.
Based on Verizon Communications Inc (VZ), the company’s capital structure generated 0.6 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 1.51. The interest coverage ratio of the stock is 3.68.
Currently, EBITDA for the company is 45.67 billion with net debt to EBITDA at 3.68. When we switch over and look at the enterprise to sales, we see a ratio of 2.54. The receivables turnover for the company is 5.13for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.58.
Conclusion
In conclusion, Verizon Communications Inc (VZ) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
