The stock of Verizon Communications Inc (NYSE: VZ) has decreased by -1.15 when compared to last closing price of 41.86. Despite this, the company has experienced a -5.93% fall in its stock price over the last five trading sessions. fool.com reported 2024-10-27 that Verizon, Dow, and Chevron are all well-known companies, but there are some caveats with each of these Dow Jones components.
Is It Worth Investing in Verizon Communications Inc (NYSE: VZ) Right Now?
The price-to-earnings ratio for Verizon Communications Inc (NYSE: VZ) is above average at 17.84x, Company’s 36-month beta value is 0.41.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 2 as “overweight,” 24 as “hold,” and 0 as “sell.”
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The public float for VZ is 4.21B, and currently, short sellers hold a 1.15% ratio of that floaft. The average trading volume of VZ on October 28, 2024 was 17.84M shares.
VZ’s Market Performance
The stock of Verizon Communications Inc (VZ) has seen a -5.93% decrease in the past week, with a -7.26% drop in the past month, and a 3.37% gain in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are at 1.54% for VZ. The simple moving average for the last 20 days is -5.07% for VZ stock, with a simple moving average of 0.66% for the last 200 days.
Analysts’ Opinion of VZ
Goldman, on the other hand, stated in their research note that they expect to see VZ reach a price target of $50. The rating they have provided for VZ stocks is “Buy” according to the report published on July 01st, 2024.
Redburn Atlantic gave a rating of “Neutral” to VZ, setting the target price at $39 in the report published on March 22nd of the current year.
VZ Trading at -3.95% 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 -8.77% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares sank -7.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.35% upper at present.
During the last 5 trading sessions, VZ fell by -5.93%, which changed the moving average for the period of 200-days by +5.89% in comparison to the 20-day moving average, which settled at $43.59. In addition, Verizon Communications Inc saw 9.76% 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 $44.96 back on Oct 01 ’24. After this action, Silliman Craig L. now owns shares of Verizon Communications Inc, valued at $416,285 using the latest closing price.
Silliman Craig L., the Officer of Verizon Communications Inc, proposed sale 9,259 shares at $41.99 during a trade that took place back on Sep 03 ’24, which means that Silliman Craig L. is holding shares at $388,785 based on the most recent closing price.
Stock Fundamentals for VZ
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.57 for the gross margin
The net margin for Verizon Communications Inc stands at 0.07. The total capital return value is set at 0.07. Equity return is now at value 10.10, with 2.56 for asset returns.
Based on Verizon Communications Inc (VZ), the company’s capital structure generated 0.62 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.61. The interest coverage ratio of the stock is 3.31.
Currently, EBITDA for the company is 45.67 billion with net debt to EBITDA at 3.34. When we switch over and look at the enterprise to sales, we see a ratio of 2.42. The receivables turnover for the company is 5.17for 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 0.61.
Conclusion
In a nutshell, Verizon Communications Inc (VZ) has experienced a mixed 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.
