VZ stock: buy or sell
Updated on:
Jan 18th, 2021
1
VZ stock brief
- Verizon Communications stock barely changed 0.60% to close at $57.38 on the stock market last Friday, and broke a streak of 6 sessions in red.
- Verizon Communications Inc. offers communications, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide.
Should I buy Verizon Communications stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $VZ stock a buy?
In the current situation of Verizon Communications there is not any eligible buy setup. This doesn't mean we expect a selloff for $VZ in coming sessions, or that it may not climb higher. Simply, it doesn't match our recommended trading systems
Should I sell Verizon Communications stock?
When is it time to sell Verizon Communications?. Trading strategies let us to avoid impulsive decisions based on our emotions or the buzz that surrounds the market. We like very simple strategies to guide us on when is a good time to sell a stock. Be aware that these strategies should not be used for shorting Verizon Communications stock
A golden rule is that you should not mantain a trade that results in losses greater than those expected upon purchase. The timing to sell shares always has to be determined by the stop-loss (automatic or manual)
Is it time to sell Verizon Communications stock?
In the current situation of Verizon Communications there is not any eligible sell setup, so Verizon Communications stock holders with operations in profit can keep their positions
Verizon Communications ratings
We don't have any rating published in the previous 30 days for Verizon Communications
Verizon Communications stock analysis
SMAs overview
Supports and resistances
The current resistance levels are:
The current supports are:
Bollinger bands
The evolution of the Bollinger Bands on the chart reveals that they are relatively close to each other (4.77%), which clearly indicates that price volatility is low. Reduced volatility is often the antecedent to a sudden movement (up or down), so we must be alert and manage our buy or sell orders accordingly
Relative strength index
When the moves for so long below 70 and above 30, without showing moments of overbought and oversold, the indicator becomes of little use, and we find ourselves in one of these cases.
Verizon Communications stock price history
Verizon Communications IPO was on Nov 21st, 1983 at $1.31 per share1. Since then, VZ stock surged by 4,280.15%, with an average of 115.68% per year. If you had invested thousand dollars in Verizon Communications stock at that time, it would worth $43,801.53 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Verizon Communications stock
Nobody can predict how much a share will be priced in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions publish their price target based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental information by the company, and many times. Again, these estimates are not direct recommendations for individual investors and must not be followed blindly.
In the previous 30 days we couldn't find any price target posted for Verizon Communications stock.
Earnings and financials
Verizon Communications Inc. ($VZ) reported quarterly earnings of $1.25 per share last October, matching the Wall St consensus estimate of $1.22 per share. The company reported revenue for this quarter was $31.5 billion aligned with the market estimates as well.
For comparison, the EPS for the same quarter last year was $1.25, so current EPS is 0.00%. Turnover only moved on an annualized basis in the , from $328.9B to $315.4B last quarter.VZ ($VZ) presents earnings report on Thursday next week. Wall Street forecasts of $1.17, compared to previous quarter that made $1.25.
Verizon Communications competitors
Verizon Communications belongs to the Telecom Services industry, where it has industry peers.
The following are some of Verizon Communications most relevant competitors:
| Company | Market cap | Rating | Bullish ratings1 |
|---|---|---|---|
| Verizon Communications ($VZ) | $236.5B | ||
| Apple ($AAPL) | $2.3T | | 4 |
| Google ($GOOGL) | $1.2T | Buy | 2 |
| AT&T ($T) | $203.9B | Neutral | 0 |
| T-Mobile ($TMUS) | $167.6B | Buy | 2 |
| Vodafone (VOD) | $46.5B | | 1 |
| United States Cellular (USM) | $2.7B | Buy | 1 |
| Shenandoah Telecommunications (SHEN) | $2.2B | Neutral | 0 |
| Telephone and Data Systems (TDS) | $2.0B | Buy | 1 |
| Spok (SPOK) | $221.1M | Neutral | 0 |
1 In the last 30 days.
Verizon Communications performance
To better understand Verizon Communications performance you must compare its gains with other related stocks in same sector or industry.. For Verizon Communications, the benchmark is made against Apple, Google, AT&T, T-Mobile, Vodafone, United States Cellular, Shenandoah Telecommunications, Telephone and Data Systems and Spok.
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Verizon Communications ($VZ) | -3.70% | -0.10% | 4.10% |
| Apple ($AAPL) | -0.20% | 5.00% | 32.30% |
| Google ($GOOGL) | -2.30% | 10.60% | 14.00% |
| AT&T ($T) | -2.80% | 8.00% | 0.20% |
| T-Mobile ($TMUS) | -2.60% | 9.90% | 20.80% |
| Vodafone (VOD) | 1.10% | 26.90% | 9.00% |
| United States Cellular (USM) | 3.80% | 8.60% | 1.70% |
| Shenandoah Telecommunications (SHEN) | -5.60% | -4.60% | -12.40% |
| Telephone and Data Systems (TDS) | 5.60% | 12.40% | 1.70% |
| Spok (SPOK) | 13.40% | 27.10% | 24.50% |
Important note:
The opinions contained in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this document does not have any knowledge of the specific positions of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are provided for educative purposes onlyVZ summary
| Friday, January 15th, 2021 | |
|---|---|
| Open | $56.78 |
| Close | $57.38 |
| Day range | $56.71 - $57.5 |
| Previous close | $57.04 |
| Session gain | 0.60% |
| Average true range | $0.86 |
| 50d mov avg | $59.16 |
| 100d mov avg | $58.58 |
| 200d mov avg | $56.74 |
| Earnings date | January 28th, 2021 |