A Look At Insider Reactions To Verizon Communications Inc. (VZ)


As of Wednesday close, Verizon Communications Inc.’s (NYSE:VZ) stock was down -$0.28, moving down -0.71 percent to $38.92. The average number of shares traded per day over the past five days has been 17,954,779 shares. 4 times new highs have been achieved over the past 5 days, with a $1.04 gain in that time frame. In the last twenty days, the average volume was 21,473,875, while in the previous 50 days, it was 24,134,152.

Since last month, VZ stock rose 6.84%. Shares of the company fell to $35.57 on 10/24/22, the lowest level in the past month. A 52-week high of $55.51 was reached on 04/21/22 after having rallying from a 52-week low of $34.55. Since the beginning of this year, VZ’s stock price has dropped by -25.10% or -$13.04, and marked a new high 7 times. However, the stock has declined by -29.89% since its 52-week high.

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VZ stock investors should be aware that Verizon Communications Inc. (VZ) stock had its last reported insider trading activity 143 days ago on Jul 05. Silliman Craig L., the EVP&ChiefAdminLegal&PubPolOff of the company, disposed of 1,558 shares for $51.42 on Jul 05. It resulted in a $80,112 divestment by the insider. Silliman Craig L. sold 1,558 shares at an average price of $50.94 on Jun 03. The insider now owns 34,961 shares following the transaction. On May 23, EVP&ChiefAdminLegal&PubPolOff Silliman Craig L. sold 1,558 shares at $50.00 apiece. The transaction was valued at $77,900.

Valuation Metrics

Right now, Verizon Communications Inc. (VZ) has a P/E ratio of about 8.46. The stock’s beta is 0.35. Besides these, the trailing price-to-sales (P/S) ratio of 1.19, the price-to-book (PB) ratio of 1.87, and the price-to-cash flow ratio of 44.62 may also be considered.

The latest dividend of $0.6525 per share was paid out, which is 1.95% more than last year’s $0.64. On Wednesday September 7 2022, a $0.0125 dividend increase was announced.

Financial Health

In the three months ended September 29, Verizon Communications Inc.’s quick ratio stood at 0.70, while its current ratio was 0.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.52, and the total debt-to-equity ratio was 1.69. On the profitability front, the trailing twelve-month gross margin is 57.00% percent. In the year ended September 29, operating margins totaled 21.80%. Based on annual data, VZ earned $32.45 billion in gross profit and brought in $133.61 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 10.50%. Return on equity (ROE) for the past 12 months was 22.80%.

In Verizon Communications Inc.’s quarter-end financial report for September 29, it reported total debt of $132.91 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VZ’s revenue rose 1.39% to $33.79 billion during the quarter, while net income inched up to $34.24 billion. While analysts expected Verizon Communications Inc. to report $1.29 quarterly earnings, the actual figure was $1.32 per share, beating the consensus estimate by 2.30%. During the quarter, the company generated $12.22 billion in EBITDA. The liabilities of Verizon Communications Inc. were 286.31 billion at the end of its most recent quarter ended September 29, and its total debt was $178.64 billion. The value of shareholders’ equity is $4.2 billion.

Technical Picture

This quick technical analysis looks at Verizon Communications Inc.’s (VZ) price momentum. With a historical volatility rate of 14.32%, the RSI 9-day stood at 63.48% on 23 November.

With respect to its five-day moving average, the current Verizon Communications Inc. price is up by +2.75% percent or $1.04. At present, VZ shares trade +6.84% above its 20-day simple moving average and -24.31% percent below its 100-day simple moving average. However, the stock is currently trading approximately -5.72% below its SMA50 and -26.32% below its SMA200.

Stochastic coefficient K was 85.83% and Stochastic coefficient D was 81.21%, while ATR was 0.76. Given the Stochastic reading of 84.13% for the 14-day period, the RSI (14) reading has been calculated as 58.26%. As of today, the MACD Oscillator reading stands at 0.51, while the 14-day reading stands at 0.76.

Analyst Ratings

Oppenheimer upgraded its rating on Verizon Communications Inc. (NYSE: VZ) to an Outperform in a note to investors on October 06, 2022. The analysts firm previously had a Perform rating on the stock.Verizon Communications Inc. (VZ) has been rated Hold by analysts. According to 2 brokerage firms, VZ is a sell, and 20 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Verizon Communications Inc. stock as buy, with 5 recommending it as overweight.


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