Verizon Communications Inc (NYSE:VZ) currently has a daily average trading volume of 24.95M but it saw 21752572 shares traded in last market. With a market cap of 188.34B USD, the company’s current market price of $44.74 came falling about -1.41 while comparing to the previous closing price of $45.38. 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 $44.595 while lowest mark touched by it was $45.535.
Taking a look at 20-day trading activity of Verizon Communications Inc (VZ) gives us an average price of $44.31, while its current price level is -5.52% below from 52-week high level whereas it is 19.04% 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 $42.43 while that of 200 days or SMA-200 reads an average of $41.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.56% during that period while stretching the period over a month that increases to 2.13%. 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 57.27 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 1.27% up while it is 4.36% when we observe its performance for the past one month. Year-to-date it is 11.88% up and over the past year, the stock is showing an upside performance of 5.82%.
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 $33.47B as analysts are expecting the sales for current fiscal year at $136.78B and seeing the company making $139.46B in sales next year. Moreover, analysts are in estimates of $33.3B 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 10.79 while having a 9.21 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 1.90 while price to sale or P/S ratio amounts to 1.40. Its return on asset (ROA) is 4.58% on average.
