For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
Verizon Communications Inc (NYSE: VZ) closed the day trading at $39.96 up 0.40% from the previous closing price of $39.80. In other words, the price has increased by $0.40 from its previous closing price. On the day, 12.93 million shares were traded. VZ stock price reached its highest trading level at $40.17 during the session, while it also had its lowest trading level at $39.74.
Ratios:
For a better understanding of VZ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 31.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.08. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Bernstein on December 10, 2024, initiated with a Mkt Perform rating and assigned the stock a target price of $48.
On July 01, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $50.Goldman initiated its Buy rating on July 01, 2024, with a $50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when Silliman Craig L. bought 9,258 shares for $44.27 per share.
Silliman Craig L. bought 9,259 shares of VZ for $390,082 on Nov 01 ’24. On Oct 01 ’24, another insider, Silliman Craig L., who serves as the Officer of the company, bought 9,259 shares for $44.96 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VZ now has a Market Capitalization of 168216805376 and an Enterprise Value of 342775365632. As of this moment, Verizon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.23, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 2.554 whereas that against EBITDA is 7.078.
Stock Price History:
Over the past 52 weeks, VZ has reached a high of $45.36, while it has fallen to a 52-week low of $37.15. The 50-Day Moving Average of the stock is -4.70%, while the 200-Day Moving Average is calculated to be -3.43%.
Shares Statistics:
Over the past 3-months, VZ traded about 17.25M shares per day on average, while over the past 10 days, VZ traded about 20183520 shares per day. A total of 4.21B shares are outstanding, with a floating share count of 4.21B. Insiders hold about 0.05% of the company’s shares, while institutions hold 64.91% stake in the company. Shares short for VZ as of 1732838400 were 64407943 with a Short Ratio of 3.62, compared to 1730332800 on 50450230. Therefore, it implies a Short% of Shares Outstanding of 64407943 and a Short% of Float of 1.53.
Dividends & Splits
VZ’s forward annual dividend rate is 2.67, up from 2.673 a year ago. Against a Trailing Annual Dividend Yield of 0.06716081The stock’s 5-year Average Dividend Yield is 5.55.
