Verizon Communications Inc (NYSE: VZ) is 4.80% higher on its value in year-to-date trading and has touched a low of $37.58 and a high of $47.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VZ stock was last observed hovering at around $42.81 in the last trading session, with the day’s loss setting it -0.9%.
Currently trading at $41.91, the stock is -4.02% and -3.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 23.35 million and changing -2.10% at the moment leaves the stock -0.26% off its SMA200. VZ registered 5.57% gain for a year compared to 6-month gain of 0.99%. The firm has a 50-day simple moving average (SMA 50) of $43.516 and a 200-day simple moving average (SMA200) of $42.01835.
The stock witnessed a -5.14% loss in the last 1 month and extending the period to 3 months gives it a 5.99%, and is -4.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.14% over the week and 2.94% over the month.
Verizon Communications Inc (VZ) has around 99600 employees, a market worth around $176.86B and $135.29B in sales. Current P/E ratio is 9.96 and Fwd P/E is 8.68. Profit margin for the company is 13.14%. Distance from 52-week low is 11.51% and -11.50% from its 52-week high. The company has generated returns on investments over the last 12 months (7.38%).
with sales reaching $33.47B over the same period.The EPS is expected to grow by 2.00% this year, but quarterly earnings will post 1.68% year-over-year. Quarterly sales are estimated to grow 2.06% in year-over-year returns.
Verizon Communications Inc (VZ) Top Institutional Holders
3688.0 institutions hold shares in Verizon Communications Inc (VZ), with institutional investors hold 65.92% of the company’s shares. The shares outstanding are 4.22B, and float is at 4.22B with Short Float at 1.89%. Institutions hold 65.90% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 354.04 million shares valued at $14.6 billion. The investor’s holdings represent 8.3995% of the VZ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 348.87 million shares valued at $14.39 billion to account for 8.2769 of the shares outstanding. The other top investors are STATE STREET CORP which holds 185.35 million shares representing 4.3975% and valued at over $7.64 billion, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 2.2619 of the shares totaling 95.34 million with a market value of $3.93 billion.
Verizon Communications Inc (VZ) Insider Activity
The most recent transaction is an insider sale by Malady Kyle, the company’s EVP and Group CEO-VZ Business. SEC filings show that Malady Kyle sold 10,000 shares of the company’s common stock on Apr 24 ’25 at a price of $43.02 per share for a total of $0.43 million. Following the sale, the insider now owns 26508.0 shares.
Still, SEC filings show that on Apr 23 ’25, Malady Kyle (EVP and Group CEO-VZ Business) disposed off 5,000 shares at an average price of $42.48 for $0.21 million. The insider now directly holds 36,508 shares of Verizon Communications Inc (VZ).
