Verizon Communications Inc [VZ] stock is trading at $40.40, down -0.59%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VZ shares have gain 3.54% over the last week, with a monthly amount glided 1.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Verizon Communications Inc [NYSE: VZ] stock has seen the most recent analyst activity on December 10, 2024, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $48. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on October 24, 2024. On July 01, 2024, Goldman initiated with a Buy rating and assigned a price target of $50 on the stock. Redburn Atlantic upgraded its rating to a Neutral and increased its price target to $39 on March 22, 2024. Barclays downgraded its rating to a Equal Weight but $44 remained the price target by the analyst firm on January 31, 2024. Daiwa Securities upgraded its rating to Outperform for this stock on January 24, 2024, and upped its price target to $47. In a note dated January 16, 2024, Citigroup reiterated an Buy rating on this stock and boosted its target price from $42 to $45.
Verizon Communications Inc [VZ] stock has fluctuated between $37.58 and $45.36 over the past year. Currently, Wall Street analysts expect the stock to reach $47.43 within the next 12 months. Verizon Communications Inc [NYSE: VZ] shares were valued at $40.40 at the most recent close of the market. An investor can expect a potential return of 17.4% based on the average VZ price forecast.
Analyzing the VZ fundamentals
Verizon Communications Inc [NYSE:VZ] reported sales of 134.79B for the trailing twelve months, which represents a growth of 1.57%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.24 points at the first support level, and at 40.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 40.69, and for the 2nd resistance point, it is at 40.97.
Ratios To Look Out For
For context, Verizon Communications Inc’s Current Ratio is 0.63. In addition, the Quick Ratio stands at 0.59 and the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.71 and price to earnings (TTM) ratio is 9.76.
Transactions by insiders
Recent insider trading involved Malady Kyle, Officer, that happened on Jan 28 ’25 when 20000.0 shares were purchased. Officer, Malady Kyle completed a deal on Jan 27 ’25 to buy 10000.0 shares. Meanwhile, Officer Malady Kyle bought 10000.0 shares on Jan 27 ’25.
