NASDAQ:VEONVEON Stock Price, Forecast & News

$1.70

+0.08 (+4.94 %)

(As of 06/5/2020 04:00 PM ET)

Add

Compare

Today's Range

$1.68

Now: $1.70▼

$1.73

50-Day Range

$1.42

MA: $1.54▼

$1.71

52-Week Range

$1.25

Now: $1.70▼

$3.28

Volume14.55 million shs

Average Volume4.86 million shs

Market Capitalization$2.99 billion

P/E Ratio12.14

Dividend Yield14.20%

Beta1.47

VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice and data telecommunication services through a range of mobile and fixed-line technologies. The company provides value added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance services, machine-to-machine, and other services; national and international roaming services; wireless Internet access and mobile financial services; and mobile bundles and call completion services. It also offers fixed-line telecommunication services, such as voice, data, and Internet services; and PSTN-fixed telephony, Internet, data transmission and network access, domestic and international voice termination, and IPLC and TCP/IP international transit services for corporations, operators, and consumers, as well as sells equipment and accessories. The company provides its services under the Beeline, Kyivstar, Jazz, Djezzy, and banglalink brands in Russia, Pakistan, Algeria, Uzbekistan, Ukraine, Bangladesh, Kazakhstan, Kyrgyzstan, Armenia, and Georgia. It serves approximately 212 million customers. The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Amsterdam, the Netherlands.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
VEON has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.87, VEON has a potential upside of 69.1% from its current price of $1.70.
Amount of Analyst Coverage
VEON has only been the subject of 2 research reports in the past 90 days.

1.9 Community Rank

Outperform Votes
VEON has received 344 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
VEON has received 545 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
VEON has received 61.30% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about VEON and other stocks. Vote “Outperform” if you believe VEON will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VEON will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
VEON is a leading dividend payer. It pays a dividend yield of 14.20%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
VEON has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of VEON is 63.89 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, VEON will have a dividend payout ratio of 92.00 % in the coming year. This indicates that VEON may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, VEON insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 24.07% of the stock of VEON is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for VEON are expected to grow by 13.64% in the coming year, from $0.22 to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of VEON is 12.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.62.
Price to Earnings Ratio vs. Sector
The P/E ratio of VEON is 12.14, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 30.75.
Price to Earnings Growth Ratio
VEON has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
VEON has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.17 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Radiotelephone communication

Sub-IndustryN/A

SectorUtilities

Current SymbolNASDAQ:VEON

Previous Symbol

CUSIPN/A

CIK1468091

Webwww.veon.com

Phone31-20-797-7200

Debt

Debt-to-Equity Ratio4.65

Current Ratio0.48

Quick Ratio0.46

Price-To-Earnings

Trailing P/E Ratio12.14

Forward P/E Ratio7.73

P/E Growth0.66

Sales & Book Value

Annual Sales$8.86 billion

Price / Sales0.34

Cash Flow$1.65 per share

Price / Cash Flow1.03

Book Value$1.26 per share

Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$0.36

Net Income$621 million

Net Margins2.66%

Return on Equity10.59%

Return on Assets1.50%

Miscellaneous

Employees46,492

Outstanding Shares1,756,730,000

Market Cap$2.99 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

Receive VEON News and Ratings via Email

Sign-up to receive the latest news and ratings for VEON and its competitors with MarketBeat's FREE daily newsletter.

VEON (NASDAQ:VEON) Frequently Asked Questions

How has VEON's stock been impacted by COVID-19 (Coronavirus)?

VEON's stock was trading at $1.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VEON shares have decreased by 0.6% and is now trading at $1.70. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of VEON?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VEON in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for VEON.

When is VEON's next earnings date?

VEON is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for VEON.

How were VEON's earnings last quarter?

VEON Ltd (NASDAQ:VEON) issued its quarterly earnings data on Thursday, May, 7th. The Wireless communications provider reported $0.06 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.06. The Wireless communications provider earned $2.10 billion during the quarter. VEON had a return on equity of 10.59% and a net margin of 2.66%. View VEON's earnings history.

How often does VEON pay dividends? What is the dividend yield for VEON?

VEON declared a Semi-Annual dividend on Friday, February 14th. Investors of record on Thursday, February 27th will be paid a dividend of $0.115 per share on Thursday, March 5th. This represents a dividend yield of 9.5%. The ex-dividend date of this dividend is Wednesday, February 26th. View VEON's dividend history.

What price target have analysts set for VEON?

6 brokerages have issued 1-year price targets for VEON's shares. Their forecasts range from $2.00 to $4.00. On average, they expect VEON's stock price to reach $2.87 in the next year. This suggests a possible upside of 69.1% from the stock's current price. View analysts' price targets for VEON.

Has VEON been receiving favorable news coverage?

Press coverage about VEON stock has been trending somewhat negative on Saturday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. VEON earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned news coverage about the Wireless communications provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news aboutVEON.

Who are some of VEON's key competitors?

Some companies that are related to VEON include Mobil'nye Telesistemy PAO (MBT), Hellenic Telecom Organization (HLTOY), Millicom International Cellular (TIGO), United States Cellular (USM), Millicom International Cellular (MIICF), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), NII (NIHD), Spok (SPOK), Pharol SGPS (PTGCY) and ZIM (ZIMCF). View all competitors.

What other stocks do shareholders of VEON own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VEON investors own include Petrobras Argentina (PZE), Pampa Energia (PAM), Transportadora de Gas del Sur (TGS), OI (OIBR), Vedanta Resources (VED), Teva Pharmaceutical Industries (TEVA), YPF (YPF), AT&T (T), Companhia Siderurgica Nacional (SID) and Energy Transfer LP Unit (ET).

Who are VEON's key executives?

VEON's management team includes the following people:

Ms. Ursula M. Burns, Exec. Chairman (Age 61, Pay $19.15M)
Mr. Muhterem Kaan Terzioglu, Co-Chief Exec. Officer (Age 52, Pay $1.01M)
Mr. Sergi Herrero, Co-Chief Exec. Officer (Age 38, Pay $2.7M)
Mr. Scott Dresser, Group Gen. Counsel (Age 52, Pay $4.02M)
Mr. Kjell Morten Johnsen, Adviser (Age 52, Pay $6.13M)

What is VEON's stock symbol?

VEON trades on the NASDAQ under the ticker symbol "VEON."

Who are VEON's major shareholders?

VEON's stock is owned by a number of retail and institutional investors. Top institutional investors include Morgan Stanley (2.34%), Morgan Stanley (2.34%), Exor Investments UK LLP (2.13%), Acadian Asset Management LLC (1.14%), BlackRock Inc. (1.14%) and Wellington Management Group LLP (1.05%).

Which institutional investors are selling VEON stock?

VEON stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, BlackRock Inc., Two Sigma Investments LP, Wellington Management Group LLP, Deutsche Bank AG, Exor Investments UK LLP, and KBC Group NV.

Which institutional investors are buying VEON stock?

VEON stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of New York Mellon Corp, Acadian Asset Management LLC, Mitsubishi UFJ Trust & Banking Corp, Van ECK Associates Corp, GSA Capital Partners LLP, First Trust Advisors LP, and Polunin Capital Partners Ltd.

How do I buy shares of VEON?

Shares of VEON can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is VEON's stock price today?

One share of VEON stock can currently be purchased for approximately $1.70.

How big of a company is VEON?

VEON has a market capitalization of $2.99 billion and generates $8.86 billion in revenue each year. The Wireless communications provider earns $621 million in net income (profit) each year or $0.36 on an earnings per share basis. VEON employs 46,492 workers across the globe.

What is VEON's official website?

The official website for VEON is www.veon.com.

How can I contact VEON?

VEON's mailing address is CLAUDE DEBUSSYLAAN 88, AMSTERDAM P7, 1082 MD. The Wireless communications provider can be reached via phone at 31-20-797-7200 or via email at [email protected]

This page was last updated on 6/6/2020 by MarketBeat.com Staff