Verizon Communications Inc. (VZ) – A Trader’s Perspective

SILLIMAN CRAIG L., EVP of PubPolicy & Gen Counsel, subtracted 1,349 shares of Verizon Communications Inc. (VZ) from its portfolio at the rate of $59.20 per share valuing $79,861 on May 28. The insider left behind 26,728 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Verizon Communications Inc. (VZ) was $57.62. Currently, the 1st Resistance Point for this stock is $57.78, with a 2nd Resistance Point sitting at $57.95. Meanwhile, this company’s stock has a 1st Support Level at $57.41 and a 2nd Support Level at $57.21. Verizon Communications Inc. (VZ) stock has gained $0.08, or 0.14%, in the past five days. In the last full month, these shares have gained $0.87, or 1.53%. In the past three months, this stock’s price has fallen by -$0.04, or -0.07%. This year-to-date, Verizon Communications Inc. (VZ) shares have gained $1.40, or 2.49%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Verizon Communications Inc. (VZ) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 4,135,707 K shares outstanding, this company currently has a market capitalization of $237,224,160K. Verizon Communications Inc. (VZ) generates $130,863 M in annual sales, amounting to annual net income of $15,528 M. This stock has generated a 1-Year Total Return of 21.56%, a 3-Year Total Return of 7.14%, and a 5-year Total Return of 16.66%. This stock’s 5-Year Dividend Growth is 13.94%, with its most recent dividend valued at $0.603 per share on 04/09/19. Its Annual Dividend Yield is 4.24%, and its Annual Dividend Rate is 2.41.

In the most recently-reported fiscal quarter, which ended in Mar-19, Verizon Communications Inc. (VZ) reported earnings of $1.20 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.17 per share, representing a 0.03 difference and 2.84% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.12 represented a 0.03 difference from the consensus estimate calling for $1.09 per share, which was a 3.04% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.20 per share. This estimate came from a total of 19 Wall Street Analysts. Of those market experts, the high estimate was $1.25 and the low estimate was $1.16. In the year-ago quarter, Verizon Communications Inc. (VZ) generated per-share earnings of $1.20.

Turning our focus now to insider trading activity, there have been 2 purchases (51,281 shares in total) and 7 sale (54,927 shares in total) in the last 3 months. In the last 6 months, there have been 27 insider buys amounting to 488,610 shares and 34 insider sales amounting to 560,763 shares. In the past full year, 29 insider purchases were made (involving 543,605 shares) and 39 insider sell-offs equivalent to 616,178 shares.

Moving onto liquidity, Verizon Communications Inc. (VZ) has a Current Ratio of 0.86, a Quick Ratio of 0.82 and a Cash Ratio of 0.10. Looking at this company’s capital structure, its Total Debt to Total Equity is 212.74, its Total Debt to Total Capital is 68.03, and its Total Debt to Total Assets is now 42.69. Looking even further ahead into the future, its Long-Term Debt to Equity is 199.22 and its Long-Term Debt to Total Capital is 63.70.