Verizon Communications (Verizon Communications) Momentum Rank : 9 (As of Apr. 28, 2024)

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What is Verizon Communications Momentum Rank?

Verizon Communications has the Momentum Rank of 9.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Verizon Communications's Momentum Rank

For the Telecom Services subindustry, Verizon Communications's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Verizon Communications's Momentum Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Verizon Communications's Momentum Rank falls into.

Verizon Communications Momentum Rank Related Terms

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Verizon Communications (Verizon Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Verizon Communications Inc (NYSE:VZ) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

VZ:Peru VZ:Mexico VZ_KZ:Kazakhstan 1VZ:Italy BACd:UK 0Q1S:UK BACB:Germany BAC:Germany BAC:Germany BAC:Germany BAC:Germany VZ:Chile VZ:Canada VERZ34:Brazil VZ:Austria VZ:Argentina

Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Verizon Communications is primarily a wireless business (it provides about 70% of service revenue and nearly all operating income). It serves about 92 million postpaid and 22 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 25 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.

Executives

Craig L. Silliman	officer: EVP of PubPolicy & Gen Counsel	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Samantha Hammock	officer: EVP & Chief HR Officer	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joseph J. Russo	officer: EVP&Pres-Global Networks&Tech	VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Mary-lee Stillwell	officer: SVP and Controller	804 CARNEGIE CENTER, PRINCETON NJ 08540
Kyle Malady	officer: EVP & Chief Technology Officer	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vittorio Colao	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Vandana Venkatesh	officer: EVP and General Counsel	VERIZON COMMUNICATIONS INC., 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sowmyanarayan Sampath	officer: EVP and Group CEO-VZ Business	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tami A. Erwin	officer: EVP and Group CEO-VZ Business	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Hans Erik Vestberg	director, officer: Chairman and CEO	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Manon Brouillette	officer: EVP and Group CEO-VZ Consumer	40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8
Carol B Tome	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kumara Guru Gowrappan	officer: EVP and Group CEO-VZ Media	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Laxman Narasimhan	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Shellye L Archambeau	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036