US NYSE stock alert
CLOSING UPDATE: Verizon Communications increases 0.7% - outperforming 90% of stocks 20 October 2017 18:07 EDT
NEWS BITES - NORTH AMERICA
This is an end of day Alert, produced after today's NYSE market close. It concludes the BSS News Bites intra-day Alert series (summaries below).
Verizon Communications, NYSE's largest telecommunications equipment company by market capitalisation, has increased 32.0c (or 0.7%) today to trade at $US49.53 and has outperformed 90% of the market in the past week. A price rise combined with a high relative strength is a bullish signal. Compared with the S&P 500 Index which rose 13.1 points (or 0.5%) in the day, this represented a relative price increase of 0.1%.
Technical indicators complementing today's significant uptrend:
+ The positive 0.27 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.
Fundamental measures by comparison with the sector average [in brackets] indicate:
+ Price/Sales of 1.6 [1.8]
+ Dividend yield of 5.9% [4.4%]
Other Bullish Signals include:
+ Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.
+ Net profit margin has averaged 11.4% in the last 3 years. This is better than the sector average of 11% and suggests a high margin of safety.
+ The Brand Value represents an impressive 9.8% of the estimated Enterprise Value of $US312.7 billion.
Verizon Communications today is at a discount of 8.6% to the 12-month high of $US54.18 on 05 Jan, 2017. It is at a premium of 17.1% to the 12-month low of $US42.29 on 11 Jul, 2017.
Afternoon Alert: Verizon Communications decreases 0.3%, leads Telecommunications equipment sector lower
20 October 2017 13:05 EDT
Verizon Communications Inc. (NYSE:VZ) has decreased 0.3% to trade at $US49.08 vs. the Telecommunications equipment sector which weakened 3.8 points (or 0.1%) to 2,444.9. Representing a weighting of about 70.8% of the sector, the stock accounted for the loss. Trading volume was 76% of average so far today.
CLOSING UPDATE: Verizon Communications increases 1.2%, led Telecommunications equipment sector higher
19 October 2017 18:05 EDT
Verizon Communications, NYSE's largest telecommunications equipment company by market capitalisation, has increased 1.2% to trade at $US49.21 vs. the Telecommunications equipment sector which strengthened 19.5 points (or 0.8%) to 2,448.7. Representing a weighting of about 70.9% of the sector, the stock accounted for the gain. The shares have outperformed 83% of the market in the past week. Trading volume was 1.9 times average at the end of the day. Compared with the S&P 500 Index which fell 0.5 points (or 0.02%) in the day, this represented a relative price increase of 1.2%.
Afternoon Alert: Verizon Communications keeps rising: up 4.2% in 4 days
19 October 2017 13:05 EDT
Verizon Communications Inc. (NYSE:VZ) extended its gains on Thursday, rising an additional $US1.20 (or 2.5%) to trade at $US49.85. Trading volume was 2.3 times average so far today.
Verizon Communications Inc. (N:VZ)