US NYSE stock alert

USA

CLOSING UPDATE: Verizon Communications increases losses by 0.7%, led Telecommunications equipment sector lower 18 June 2018 18:11 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 decreased 1.2% to trade at $US47.46 vs. the Telecommunications equipment sector which weakened 25.5 points (or 1.1%) to 2,375.7. Representing a weighting of about 76.7% of the sector, the stock accounted for 90.3% of today's loss. The shares have underperformed 90% of the market in the past week. Compared with the S&P 500 Index which fell 5.9 points (or 0.2%) in the day, this represented a relative price change of -1.0%.

Technical indicators complementing today's significant downtrend:

+ The negative 0.13 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ The price dropped 3.7% in the last week.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Earnings/Growth of 0.14 [0.1]

Note

Verizon Communications today is at a discount of 13.3% to the 12-month high of $US54.77 on 25 Jan, 2018. It is at a premium of 13.5% to the 12-month low of $US41.82 on 11 Jul, 2017.

Bullish Signals:

Tobin's Q Ratio is 0.8. Compared with the rest of the market the stock is undervalued.

Net profit margin has averaged 16.3% in the last 3 years. This is considered superior and suggests a high margin of safety.

The Brand Value represents an impressive 10.0% of the estimated Enterprise Value of $US307.6 billion.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 6.4 [7.5]

Dividend yield of 5% [3.9%]

TODAY'S ALERTS

Afternoon Alert: Verizon Communications decreases 1.9%, leads Telecommunications equipment sector lower

18 June 2018 13:00 EDT

Verizon Communications Inc. (NYSE:VZ) has decreased 1.9% to trade at $US47.15 vs. the Telecommunications equipment sector which weakened 39.6 points (or 1.6%) to 2,361.6. Representing a weighting of about 76.6% of the sector, the stock accounted for 87.9% of today's loss. The shares have underperformed 88% of the market in the past week. Trading volume was 76% of average so far today.

Morning Alert: Verizon Communications decreases 1.5%, leads Telecommunications equipment sector lower

18 June 2018 11:16 EDT

Verizon Communications Inc. (NYSE:VZ) has decreased 1.5% to trade at $US47.35 vs. the Telecommunications equipment sector which weakened 29.3 points (or 1.2%) to 2,371.8. Representing a weighting of about 76.6% of the sector, the stock accounted for 92.8% of today's loss. The shares have underperformed 86% of the market in the past week. Trading volume was 58% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Verizon Communications increases 0.5%, led Telecommunications equipment sector higher

15 June 2018 18:13 EDT

Verizon Communications, NYSE's largest telecommunications equipment company by market capitalisation, has increased 0.5% to trade at $US48.06 vs. the Telecommunications equipment sector which strengthened 6.5 points (or 0.3%) to 2,401.1. Representing a weighting of about 76.8% of the sector, the stock accounted for the gain. Trading volume was 2.0 times average at the end of the day. Compared with the S&P 500 Index which fell 17.7 points (or 0.6%) in the day, this represented a relative price increase of 1.1%.

Afternoon Alert: Verizon Communications inches higher, resistance at 12-day EMA

15 June 2018 13:02 EDT

Verizon Communications Inc. (NYSE:VZ) has increased 0.1% but fell short of the 12-day Exponential Moving Average [EMA] of $US48.25.

Verizon Communications Inc. (N:VZ)

ISIN: US92343V1044

PermID: 4295911976

CIK: 732712

CUSIP: 92343V104

Source: www.BuySellSignals.com