Home Sectors Communication Services Latest Technicals: Verizon Communications (NYSE: VZ)

Latest Technicals: Verizon Communications (NYSE: VZ)

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Verizon Communications is part of the communication services industry and communication services sector. The company CEO is Hans Erik Vestberg. Verizon Communications Inc is a provider of communications, information and entertainment products and services to consumers, businesses and governmental agencies. It offers voice, data and video services and solutions to wireless and wireline networks.

Previous Intraday Trading Performance:

The VZ stock showed a previous change of 0.19% with an open at 54.16 and a close of 54.05. It reached an intraday high of 54.37 and a low of 53.86.

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Liquidity:

The stock has a market cap of $223.3b with 4.1b shares outstanding, of which the float is 4.1b shares. Trading volume reached 9,431,106 shares compared to its average volume of 16,714,524 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Verizon Communications shares returned -0.17% and in the past 30 trading days it returned -1.19%. Over three months, it changed -6.99%. In one year it has changed 12.87% and within that year its 52-week high was 61.58 and its 52-week low was 46.09. VZ stock is 17.28% above its 52 Week Low.

Our calculations show a 200 day moving average of 52.52 and a 50 day moving average of 56.22. Currently VZ stock is trading 2.92% above its 200 day moving average and may be a good opportunity to buy.

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Earnings:

The last annual fiscal EPS for the company was reported at 4.71 that ended on 31st of December 2018, which according to the previous close, that is a PE of 14.34. Based on 19 analyst estimates, the consensus EPS for the next quarter is 1.09. The TTM EPS is 4.71, which comes to a TTM PE of 11.48. Historically, the PE high was 20.80 and the PE low was 6.30. If the stock reached its PE low, that would represent a price of 29.66, which is a decrease of -45.12%.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.12
09-30-2018:  1.22
06-30-2018:  1.20
03-31-2018:  1.17

The dividend per share is currently 2.41, which is a dividend yield of 4.46%. Also, the payout ratio is 51.17%, therefore the dividend is safe according to our calculations. VZ stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 83.96, which means it is possibly undervalued and has a margin of safety of 35.63%

Indicators to Watch:

Based on the latest filings, there is 103.40% of institutional ownership. Short-interest is 37,595,889, which is 0.91% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.98. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.50

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Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 6.04%, profit margin is 12.26%, price-to-sales is 1.70 and price-to-book is 4.09.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 2  :Future Growth Score
 6  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.