Zegona Communications (ZEG) Share Price, News & Analysis

Company Overview

Zegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the objective of investing in businesses in the European Telecommunications, Media and Technology sector and improving their performance to deliver attractive shareholder returns. Zegona is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson. In 2024, Zegona completed the acquisition of Vodafone Spain. Vodafone Spain is one of the leading telecoms networks in Spain but following shifts in customer sentiment, Zegona believes the future of the business lies in right-sizing the cost and capex base in the business to the local market context, operating the assets more efficiently and driving value for money service propositions. Zegona believes Vodafone Spain is a high quality business with a strong brand, extensive network and customer base, and an opportunity to create significant value through improved commercial execution and cost efficiency. On 4 August 2025 Zegona announced that Vodafone Spain and MasOrange entered into a binding agreement with GIC, a leading global investor, to create a new fibre network company in Spain (FibreCo). The contract activated the binding agreement Vodafone Spain signed with MasOrange earlier in 2025. FibreCo brings together the network assets of Vodafone Spain and MasOrange to create a 100% fibre-to-the-home (FTTH) network covering 12 million premises across Spain. This makes it the largest and most highly developed FibreCo in Europe. On 7 November 2024 Zegona annouced that Vodafone Spain and Telefonica entered into a binding agreement to create a new fibre network company in Spain (Telfonica FibreCo). The Telefonica FibreCo will cover 3.6 million premises across Spain, providing fibre access services for 1.4 million Vodafone Spain and Telefonica customers. Telefonica FibreCo will provide access to the highest quality high-speed fibre optic network and support the rapid adoption of new technologies, benefiting Vodafone Spain and Telefonica customers. Vodafone Spain will use Telefonica FibreCo to provide services to its existing and future retail and wholesale customers within its footprint. This network will be a benchmark for sustainable development, meeting high ESG standards through more efficient use of network assets.

Key Stats

• Today's Range: 1,502 to 1,566
• 50-Day Range: 1,426 to 1,805.58
• 52-Week Range: 1,050 to 1,962
• Volume: 329,415 shs
• Average Volume: 2.74 million shs
• Market Capitalization: £3.51 billion
• P/E Ratio: N/A
• Dividend Yield: 5.71%
• Price Target: GBX 2,333.33
• Consensus Rating: Buy

Zegona Communications Stock Analysis - MarketRank™

Zegona Communications scored higher than 74% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Buy

Consensus Rating

Zegona Communications has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 3 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Zegona Communications has a consensus price target of GBX 2,333.33, representing about 50.1% upside from its current price of GBX 1,554.64.

Amount of Analyst Coverage

Zegona Communications has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Zegona Communications is -51.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zegona Communications is -51.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Zegona Communications has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ZEG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Zegona Communications is a leading dividend payer. It pays a dividend yield of 5.71%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Zegona Communications does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.59

News Sentiment

Zegona Communications has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Zegona Communications this week, compared to 0 articles on an average week.

Company Ownership

• Score: 3.4 / 5
• Insider Trading: Acquiring Shares

Cluster Insider Buying

2 insiders have purchased shares of Zegona Communications in the last three months. Multiple insiders buying is a strong bullish signal.

Insider Buying vs. Insider Selling

In the past three months, Zegona Communications insiders have bought more of their company's stock than they have sold. Specifically, they have bought £28,993.32 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

41.81% of the stock of Zegona Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

42.04% of the stock of Zegona Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Communication Services
• Industry: Diversified Telecommunication Services
• Sub-Industry: Integrated Telecommunication Services
• Current Symbol: LON:ZEG
• CIK: N/A
• Web: www.zegona.com
• Phone: +44-20-79203150
• Fax: N/A
• Employees: 6
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Zegona Communications: GBX 2,333.33
• High Price Target: GBX 2,500
• Low Price Target: GBX 2,200
• Potential Upside/Downside: +50.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 777.32
• P/E Growth: N/A
• Net Income: -£136.50 million
• Net Margins: -5.22%
• Pretax Margin: N/A
• Return on Equity: -23.48%
• Return on Assets: -0.50%

Debt

• Debt-to-Equity Ratio: 592.64
• Current Ratio: 0.70
• Quick Ratio: 6.23

Sales & Book Value

• Annual Sales: £3.63 billion
• Price / Sales: 0.97
• Cash Flow: GBX 2,999.50 per share
• Price / Cash Flow: 0.52
• Book Value: GBX 1,118.93 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 225,504,000
• Free Float: N/A
• Market Cap: £3.51 billion
• Optionable: Not Optionable
• Beta: 3.41