Hot Stock Update: Vonage Holdings Corporation (VG)

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earning reaction history, nasdaq, nyse

Vonage Holdings Corporation (VG) belonging to the Computer and Technology sector has surged 2.35% and closed its last trading session at $6.53.

The company reported its EPS on 02/14/2017. Currently, the stock has a 1 Year Price Target of $8.5.

The consensus recommendation, according to Zacks Investment research, is 1.44. 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 02/14/2017 reported its EPS as $0.03 with the analysts projecting the EPS of the stock as $0.05. The company beat the analyst EPS Estimate with the difference of $-0.02. This shows a surprise factor of -40%.

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 $0.1.

Analysts are also projecting an Average Revenue Estimate for Vonage Holdings Corporation as $242.41 Million in the Current Quarter. This estimate is provided by 8 analysts.

The High Revenue estimate is predicted as 243.56 Million, while the Low Revenue Estimate prediction stands at 238.6 Million. The company’s last year sales total was 226.82 Million.

For the Current Quarter, the growth estimate for Vonage Holdings Corporation is -50%, while for the Next Quarter the stock growth estimate is -25%.

In the past 5 years, the stock showed growth of -5.88% per annum. While for the next 5 years, the growth estimate is 10%.

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 28 Feb 2017 where Roberts (John Joseph CPA), the Director completed a transaction type “Buy” in which 3750 shares were traded at a price of $5.21.

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 $8.5.

Vonage Holdings Corporation (VG) has the market capitalization of $1.42 Billion. The company rocked its 52-Week High of $7.88 on Jan 13, 2017 and touched its 52-Week Low of $3.82 on May 13, 2016.

The stock has Return on Assets (ROA) of 2 percent. Return on Equity (ROE) stands at 4.2% and Return on Investment (ROI) of 5.6 percent.

The stock is currently showing YTD performance of -4.67 Percent. The company has Beta Value of 0.27 and ATR value of 0.22. The Weekly and Monthly Volatility stands at 3.17% and 3.49%.