Verizon Communications Inc (NYSE:VZ) currently has a daily average trading volume of 23.57M but it saw 49627196 shares traded in last market. With a market cap of 179.29B USD, the company’s current market price of $42.59 came falling about -1.93 while comparing to the previous closing price of $43.43. In past 52 weeks, the stock remained buoying in the range of price level as high as $47.35 and as low as $37.58. In the recent trading on the day, stock has struck highest price mark of $41.1744 while lowest mark touched by it was $42.89.
Taking a look at 20-day trading activity of Verizon Communications Inc (VZ) gives us an average price of $43.00, while its current price level is -10.06% below from 52-week high level whereas it is 13.32% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $40.88 while that of 200 days or SMA-200 reads an average of $41.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.53% during that period while stretching the period over a month that decreases to 2.31%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.87 which implies that the stock is in neutral territory.
DZ Bank upgraded its recommendation for the stock as a “Buy” from “Hold” on January 29, 2025 while assigning a price target of $40. Bernstein issued its recommendations for the stock as it initiated the price target for the stock is $48.
Over the week, VZ’s stock price is moving -0.58% down while it is 6.61% when we observe its performance for the past one month. Year-to-date it is 6.50% up and over the past year, the stock is showing an upside performance of 7.80%.
The company is expected to be releasing its next quarterly report on 2025-Jan-23, for which analysts forecasted an EPS of 1.15 while estimate for next year EPS is 4.67. In next quarter, company is expected to be making quarterly sales of $33.48B as analysts are expecting the sales for current fiscal year at $136.96B and seeing the company making $139.58B in sales next year. Moreover, analysts are in estimates of $33.44B for current-quarter revenue.
Currently, Verizon Communications Inc’s total number of outstanding shares is 4.21B with 0.05% of that held by the insiders while 66.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.28% and return on equity (ROE) at 18.27%. It has a price to earnings ratio (P/E ratio) of 10.27 while having a 8.77 of forward P/E ratio. Stock’s beta reads 0.42. Stock has a price to book (P/B) ratio of 1.81 while price to sale or P/S ratio amounts to 1.33. Its return on asset (ROA) is 4.58% on average.
