Verizon Communications Inc (NYSE: VZ) is -0.10% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VZ stock was last observed hovering at around $41.58 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $41.26, the stock is -2.72% and -4.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.64 million and changing -0.77% at the moment leaves the stock -2.77% off its SMA200. VZ registered 3.18% gain for a year compared to 6-month gain of 9.12%. The firm has a 50-day simple moving average (SMA 50) of $43.139 and a 200-day simple moving average (SMA200) of $42.45335.
The stock witnessed a -4.40% loss in the last 1 month and extending the period to 3 months gives it a -5.65%, and is -4.18% 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 1.25% over the week and 1.40% over the month.
Verizon Communications Inc (VZ) has around 99600 employees, a market worth around $173.96B and $135.29B in sales. Current P/E ratio is 9.80 and Fwd P/E is 8.54. Profit margin for the company is 13.14%. Distance from 52-week low is 9.78% and -12.87% from its 52-week high. The company has generated returns on investments over the last 12 months (7.38%).
The EPS is expected to grow by 1.77% this year.
Verizon Communications Inc (VZ) Top Institutional Holders
3710.0 institutions hold shares in Verizon Communications Inc (VZ), with institutional investors hold 67.50% of the company’s shares. The shares outstanding are 4.22B, and float is at 4.21B with Short Float at 2.05%. Institutions hold 67.47% 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 May 08 ’25 at a price of $43.81 per share for a total of $0.44 million. Following the sale, the insider now owns 8.0 shares.
Verizon Communications Inc disclosed in a document filed with the SEC on May 07 ’25 that Malady Kyle (EVP and Group CEO-VZ Business) sold a total of 9,000 shares of the company’s common stock. The trade occurred on May 07 ’25 and was made at $44.10 per share for $0.4 million. Following the transaction, the insider now directly holds 10008.0 shares of the VZ stock.
