Featured Stock: Vonage Holdings Corp. (NYSE:VG)

Vonage Holdings Corporation (NYSE:VG) belonging to the Computer and Technology sector has surged 0.31% and closed its last trading session at $6.37.

The company is expected to report its next EPS on Oct 26 BMO. Currently, the stock has a 1 Year Price Target of $8.39.

The consensus recommendation, according to Zacks Investment research, is 1.5. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 1.5 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.5 and 1.5 respectively.

Vonage Holdings Corporation on 9/30/2016 reported its EPS as $0.08 with the analysts projecting the EPS of the stock as $0.07. The company beat the analyst EPS Estimate with the difference of $0.01. This shows a surprise factor of 14.3%.

Many analysts have provided their estimated foresights on Vonage Holdings Corporation Earnings, with 9 analysts believing the company would generate an Average Estimate of $0.05. Whereas they predicted High and Low Earnings Estimate as $0.06 and $0.05 respectively. While in the same Quarter Previous year, the Actual EPS was $0.06.

Analysts are also projecting an Average Revenue Estimate for Vonage Holdings Corporation as $246.92 Million in the Current Quarter. This estimate is provided by 9 analysts. The High Revenue estimate is predicted as 248.39 Million, while the Low Revenue Estimate prediction stands at 244.52 Million. The company’s last year sales total was 223.36 Million.

For the Current Quarter, the growth estimate for Vonage Holdings Corporation is -16.7%, while for the Next Quarter the stock growth estimate is 0%. In the past 5 years, the stock showed growth of -4.69% per annum. While for the next 5 years, the growth estimate is -1.85%.

The Company got Initiated by Robert W. Baird on 14-Sep-16 to Outperform.

Insider Trades for Vonage Holdings Corporation show that the latest trade was made on 30 Sep 2016 where Sparks (Carl), the Director completed a transaction type “Buy” in which 4349 shares were traded at a price of $0.

4 Insider Sales transactions were made totaling 132500 shares traded.

9 analysts projected Price Targets for Vonage Holdings Corporation. The analysts believe that the company stock price could grow as high as $10. The Low Price target projection by analysts is $6.5 and the Mean Price Target is $8.39.

Vonage Holdings Corporation (NYSE:VG) has the market capitalization of $1.39 Billion. The company rocked its 52-Week High of $7.42 on Nov 4, 2015 and touched its 52-Week Low of $3.82 on May 13, 2016. The stock has Return on Assets (ROA) of 1.9 percent. Return on Equity (ROE) stands at 4% and Return on Investment (ROI) of 7.1 percent.

The stock is currently showing YTD performance of 10.98 Percent. The company has Beta Value of 0.39 and ATR value of 0.2. The Weekly and Monthly Volatility stands at 2.78% and 3.25%.

Company profile:

VONAGE HOLDINGS CORP. is a leading provider of digital phone services with over two million subscriber lines. Their award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. They offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.  The Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail – for one low, flat monthly rate. Vonage’s service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom.