In Monday’s Wall Street session, Verizon Communications Inc (NYSE:VZ) shares traded at $42.39, up 1.15% from the previous session.
VZ stock price is now -2.65% away from the 50-day moving average and 0.87% away from the 200-day moving average. The market capitalization of the company currently stands at $178.89B.
With the price target maintained at $48, Evercore ISI recently Upgraded its rating from In-line to Outperform for Verizon Communications Inc (NYSE: VZ). , while ‘DZ Bank’ rates the stock as ‘Buy’
In other news, Malady Kyle, EVP and Group CEO-VZ Business sold 10,000 shares of the company’s stock on Apr 24 ’25. The stock was sold for $430,240 at an average price of $43.02. Upon completion of the transaction, the EVP and Group CEO-VZ Business now directly owns 26,508 shares in the company, valued at $1.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 24 ’25, Officer Malady Kyle bought 10,000 shares of the business’s stock. A total of $430,240 was incurred on buying the stock at an average price of $43.02. A total of 0.05% of the company’s stock is owned by insiders.
During the past 12 months, Verizon Communications Inc has had a low of $37.58 and a high of $47.35. As of last week, the company has a debt-to-equity ratio of 1.67, a current ratio of 0.56, and a quick ratio of 0.53. According to the stock market information, the enterprise value for the company is $350291034112, which is based on a 10.07 price-to-earnings ratio, a 3.28 price-to-earnings-growth ratio, and a beta of 0.39. The fifty day moving average price for VZ is $43.543 and a two-hundred day moving average price translates $42.0249 for the stock.
The latest earnings results from Verizon Communications Inc (NYSE: VZ) was released for 2025-03-31. The net profit margin was 13.14% and return on equity was 18.23% for VZ. The company reported revenue of $33.48 billion for the quarter, compared to $32.98 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.53 percent.
