Verizon Communications Inc (NYSE:VZ) shares, rose in value, with the stock price up by 1.83% to the previous day’s close as strong demand from buyers drove the stock to $44.99.
Actively observing the price movement in the recent trading, the stock is buoying the session at $44.18, falling within a range of $44.315 and $45.19. The value of beta (5-year monthly) is 0.396 whereas the PE ratio is 10.85 over 12-month period. Referring to stock’s 52-week performance, its high was $47.35, and the low was $37.58. On the whole, VZ has fluctuated by 4.19% over the past month.
With the market capitalization of Verizon Communications Inc currently standing at about $189.38 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-23. The company’s Forward Dividend Ratio is 2.69, with its dividend yield at 5.97%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 136.84B, with a low estimate of 32.57B and a high estimate of 33.83B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 33.36B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VZ’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.04, with the price of VZ currently trading nearly 2.41% and 7.35% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.08, while the 7-day volatility ratio is showing 1.54% which for the 30-day chart, stands at 2.34%. Furthermore, Verizon Communications Inc (VZ)’s beta value is 0.43, and its average true range (ATR) is 0.99.
A comparison of Verizon Communications Inc (VZ) with its peers suggests the former has fared considerably weaker in the market. VZ showed an intraday change of 1.83% in today’s session so far, and over the past year, it grew by 10.07%%.
Data on historical trading for Verizon Communications Inc (NYSE:VZ) indicates that the trading volumes over the past 10 days have averaged 24.21 and over the past 3 months, they’ve averaged 24.69 million. According to company’s latest data on outstanding shares, there are 4.21 billion shares outstanding.
Nearly 0.05% of Verizon Communications Inc’s shares belong to company insiders and institutional investors own 65.46% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 79.26 million shares as on 2025-03-14, resulting in a short ratio of 2.87. According to the data, the short interest in Verizon Communications Inc (VZ) stood at 188.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 67.76 million. The stock has risen by 12.50% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VZ stock heading into the next quarter.
