The price-to-earnings ratio for Verizon Communications Inc (NYSE: VZ) is above average at 19.09x. The 36-month beta value for VZ is also noteworthy at 0.43. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 6 rating it as “overweight,” 24 rating it as “hold,” and 0 rating it as “sell.”
The public float for VZ is 4.21B, and at present, short sellers hold a 1.27% of that float. The average trading volume of VZ on November 29, 2024 was 18.85M shares.
VZ) stock’s latest price update
Verizon Communications Inc (NYSE: VZ)’s stock price has plunge by -0.25relation to previous closing price of 44.38. Nevertheless, the company has seen a 4.17% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-29 that Big Tech dominates markets but faces risks like slowing growth, AI dependency, and inflated valuations. Dividend stalwarts offer a safer, smarter alternative. Dividend stocks, like those in VYM and SCHD ETFs, have matched or beat tech returns since 2021, fueled by strong cash flow, low risks, and reliable growth. By focusing on dividend stalwarts, investors can achieve long-term growth, income, and stability—outperforming tech-heavy portfolios over time.
VZ’s Market Performance
VZ’s stock has risen by 4.17% in the past week, with a monthly rise of 7.24% and a quarterly rise of 5.96%. The volatility ratio for the week is 1.67% while the volatility levels for the last 30 days are 1.71% for Verizon Communications Inc The simple moving average for the last 20 days is 5.48% for VZ stock, with a simple moving average of 7.29% 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 3.20% 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 -2.40% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares surge +4.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.39% upper at present.
During the last 5 trading sessions, VZ rose by +3.79%, which changed the moving average for the period of 200-days by +9.86% in comparison to the 20-day moving average, which settled at $41.96. In addition, Verizon Communications Inc saw 17.43% 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 $42.13 back on Nov 01 ’24. After this action, Silliman Craig L. now owns shares of Verizon Communications Inc, valued at $390,082 using the latest closing price.
Silliman Craig L., the Officer of Verizon Communications Inc, proposed sale 9,259 shares at $44.96 during a trade that took place back on Oct 01 ’24, which means that Silliman Craig L. is holding shares at $416,285 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
- 0.6 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 0.61 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 1.56. The interest coverage ratio of the stock is 3.31.
Currently, EBITDA for the company is 40.14 billion with net debt to EBITDA at 4.35. When we switch over and look at the enterprise to sales, we see a ratio of 2.65. The receivables turnover for the company is 4.96for 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 summary, Verizon Communications Inc (VZ) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
