NASDAQ:VEON

VEON - VEON Stock Forecast, Price & News

$0.47

0.00 (0.00%)

(As of 08/12/2022 12:00 AM ET)

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Today's Range: $0.46
▼
$0.49
50-Day Range: $0.43
▼
$0.52
52-Week Range: $0.24
▼
$2.38

Volume: 2.81 million shs
Average Volume: 1.07 million shs
Market Capitalization: $832.69 million

P/E Ratio: 2.37
Dividend Yield: N/A
Price Target: $2.70

VEON MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 469.6% Upside
$2.70 Price Target
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.24
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Utilities Sector

35th out of 88 stocks

Radiotelephone Communication Industry

6th out of 10 stocks

3.5

Analyst's Opinion

Consensus Rating
VEON has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.70, VEON has a forecasted upside of 469.6% from its current price of $0.47.
Amount of Analyst Coverage
VEON has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.04% of the float of VEON has been sold short.
Short Interest Ratio / Days to Cover
VEON has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in VEON has recently decreased by 0.77%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
VEON does not currently pay a dividend.
Dividend Growth
VEON does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for VEON.

2.4

News and Social Media Coverage

News Sentiment
VEON has a news sentiment score of 0.24. 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 Utilities companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for VEON this week, compared to 3 articles on an average week.
Search Interest
Only 17 people have searched for VEON on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
MarketBeat Follows
7 people have added VEON to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

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 28.21% of the stock of VEON is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of VEON is 2.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.38.
Price to Earnings Ratio vs. Sector
The P/E ratio of VEON is 2.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 121.70.
Price to Book Value per Share Ratio
VEON has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About VEON (NASDAQ:VEON) Stock

VEON Ltd., through its subsidiaries, provides mobile and fixed-line telecommunications services. It offers voice, data, and other telecommunication services through a range of wireless, fixed, and broadband internet services. The company provides value-added services, including short messages, multimedia messages, caller number identification, call waiting, data transmission, mobile internet, downloadable content, mobile finance, machine-to-machine, and other services; national and international roaming services; wireless internet access; and mobile bundles and call completion services. It also offers value-added 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, and Georgia. It serves approximately 220 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.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of VEON in a research note on Tuesday, August 9th. They issued a "strong-buy" rating on the stock.

VEON Price Performance

NASDAQ:VEON remained flat at $0.47 on Friday. 2,814,632 shares of the company's stock were exchanged, compared to its average volume of 1,066,226. The firm has a market cap of $832.69 million, a P/E ratio of 2.37 and a beta of 1.37. The stock's fifty day simple moving average is $0.47 and its two-hundred day simple moving average is $0.64. The company has a debt-to-equity ratio of 6.04, a current ratio of 0.62 and a quick ratio of 0.60. VEON has a 52-week low of $0.24 and a 52-week high of $2.38.

VEON (NASDAQ:VEON - Get Rating) last released its quarterly earnings results on Tuesday, June 28th. The Wireless communications provider reported ($0.10) earnings per share (EPS) for the quarter. The business had revenue of $1.82 billion during the quarter. VEON had a net margin of 6.87% and a return on equity of 28.38%.

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VEON Stock News Headlines

August 14, 2022 | americanbankingnews.com

VEON (NASDAQ:VEON) Sees Unusually-High Trading Volume

August 10, 2022 | stocknews.com

CIBEY: 3 Penny Stocks to Buy Now at a Massive Discount - StockNews.com

August 9, 2022 | americanbankingnews.com

VEON (NASDAQ:VEON) Receives New Coverage from Analysts at StockNews.com

August 8, 2022 | bloomberg.com

Sanctions May Freeze Veon's Network Rollout in Russia, CEO Says - Bloomberg

August 7, 2022 | seekingalpha.com

VEON Ltd. (VEON) CEO Kaan Terzioğlu on Q2 2022 Results - Earnings Call Transcript - Seeking Alpha

August 6, 2022 | americanbankingnews.com

VEON (NASDAQ:VEON) Shares Gap Up to $0.47

August 5, 2022 | reuters.com

Mobile operator Veon Q2 revenue rises on subscriber growth, pricing strategy

August 5, 2022 | msn.com

VEON CEO on Russia business: Telecommunication is an 'essential humanitarian service'

August 5, 2022 | globenewswire.com

VEON completes the sale of Djezzy, receiving USD 682 million - GlobeNewswire

August 5, 2022 | finance.yahoo.com

VEON completes the sale of Djezzy, receiving USD 682 million

August 4, 2022 | finance.yahoo.com

VEON reports Q2 2022 results - Yahoo Finance

August 4, 2022 | seekingalpha.com

VEON's Banglalink signs tower sharing deal in Bangladesh (NASDAQ:VEON) - Seeking Alpha

August 4, 2022 | globenewswire.com

VEON reports Q2 2022 results - GlobeNewswire

August 4, 2022 | finance.yahoo.com

VEON reports Q2 2022 results

August 3, 2022 | globenewswire.com

VEON's Banglalink Signs Tower Sharing Agreement in - GlobeNewswire

August 3, 2022 | finance.yahoo.com

VEON’s Banglalink Signs Tower Sharing Agreement in Bangladesh

July 29, 2022 | globenewswire.com

VEON Appoints Alex Bolis as Advisor to Group CEO and CFO - GlobeNewswire

July 28, 2022 | ravenswire.usatoday.com

Grading the Ravens' signing of RB Corey Clement - Ravens Wire

July 25, 2022 | stocknews.com

VOD: These 3 Telecom Stocks Are Excellent Investments Right Now - StockNews.com

July 18, 2022 | globenewswire.com

VEON Management ownership increases - GlobeNewswire

July 18, 2022 | finance.yahoo.com

VEON Management ownership increases

July 16, 2022 | streetinsider.com

Top Penny Stocks to Buy Now? 3 to Watch in July - StreetInsider.com

July 15, 2022 | stocknews.com

3 Stocks With Upside Potential in the Near Term

July 14, 2022 | msn.com

Two-time All-Pro RB Le'Veon Bell wishes things 'played out differently in 2018' - msnNOW

July 14, 2022 | stocknews.com

VEON: 4 “Strong Buy” Stocks With More Than 50% Upside - StockNews.com

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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VEON Company Calendar

Last Earnings: 6/28/2022
Today: 8/14/2022
Next Earnings (Estimated): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Radiotelephone communication
Sub-Industry: N/A
Sector: Utilities
Current Symbol: NASDAQ:VEON
CUSIP: N/A
CIK: 1468091
Web: www.veon.com
Phone: (120) 797-7200
Fax: 31-20-797-7201
Employees: 44,585
Year Founded: 1992

Price Target and Rating

Average Stock Price Forecast: $2.70
High Stock Price Forecast: $2.70
Low Stock Price Forecast: $2.70
Forecasted Upside/Downside: +469.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 2.37
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $674 million
Net Margins: 6.87%
Pretax Margin: 11.66%
Return on Equity: 28.38%
Return on Assets: 2.54%

Debt

Debt-to-Equity Ratio: 6.04
Current Ratio: 0.62
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: $7.79 billion
Price / Sales: 0.11
Cash Flow: $1.44 per share
Price / Cash Flow: 0.33
Book Value: $0.89 per share
Price / Book: 0.53

Miscellaneous

Outstanding Shares: 1,756,730,000
Free Float: N/A
Market Cap: $832.69 million
Optionable: Optionable
Beta: 1.37

Social Links

Key Executives

Mr. Muhterem Kaan Terzioglu (Age 54)
Group Chief Exec. Officer
Comp: $4.01M
Mr. Serkan Sabri Okandan (Age 52)
Group Chief Financial Officer
Comp: $4.45M
Mr. Alex Bolis (Age 61)
Group Head of Corp. Strategy, Communications & Investor Relations
Comp: $696.54k
Mr. Joop Brakenhoff (Age 57)
Group Chief Internal Audit & Compliance Officer
Comp: $1.34M
Mr. Michael Schulz (Age 55)
Group Chief People Officer
Comp: $547k
Mr. Scott Dresser (Age 55)
Strategic Advisor
Comp: $7.38M
Mr. Dmitry Shvets (Age 50)
Group Head of Portfolio & Performance Management
Comp: $887.19k
Mr. Aleksandr Krupnov
Pres
Mr. Augie K. Fabela II (Age 56)
Co-Founder & Chairman Emeritus
Dr. Dmitry Borisovich Zimin (Age 89)
Founder & Honorary Pres

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VEON Stock - Frequently Asked Questions

Should I buy or sell VEON stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VEON in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VEON shares.
View VEON analyst ratings or view top-rated stocks.
What is VEON's stock price forecast for 2022?: 1 analysts have issued twelve-month price targets for VEON's stock. Their VEON share price forecasts range from $2.70 to $2.70. On average, they expect the company's share price to reach $2.70 in the next twelve months. This suggests a possible upside of 469.6% from the stock's current price.
View analysts price targets for VEON or view top-rated stocks among Wall Street analysts.
How have VEON shares performed in 2022?: VEON's stock was trading at $1.71 at the start of the year. Since then, VEON shares have decreased by 72.3% and is now trading at $0.4740.
View the best growth stocks for 2022 here.
When is VEON's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our VEON earnings forecast.
How were VEON's earnings last quarter?: VEON Ltd. (NASDAQ:VEON) released its quarterly earnings data on Tuesday, June, 28th. The Wireless communications provider reported ($0.10) earnings per share for the quarter. The Wireless communications provider had revenue of $1.82 billion for the quarter. VEON had a net margin of 6.87% and a trailing twelve-month return on equity of 28.38%.
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 Energía (PAM), Transportadora de Gas del Sur (TGS), Oi S.A. American Depositary Sha (OIBR), Vedanta Resources (VED), AT&T (T), Teva Pharmaceutical Industries (TEVA), Intel (INTC), Pfizer (PFE) and Gilead Sciences (GILD).

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 variety of institutional and retail investors. Top institutional shareholders include Exor Capital LLP (6.88%), Van ECK Associates Corp (0.70%), JPMorgan Chase & Co. (0.19%), Russell Investments Group Ltd. (0.17%), BNP Paribas Arbitrage SA (0.04%) and Group One Trading L.P. (0.00%).
How do I buy shares of VEON?: Shares of VEON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is VEON's stock price today?: One share of VEON stock can currently be purchased for approximately $0.47.
How much money does VEON make?: VEON (NASDAQ:VEON) has a market capitalization of $832.69 million and generates $7.79 billion in revenue each year.
How many employees does VEON have?: The company employs 44,585 workers across the globe.
When was VEON founded?: VEON was founded in 1992.
How can I contact VEON?: VEON's mailing address is CLAUDE DEBUSSYLAAN 88, AMSTERDAM P7, 1082 MD. The official website for the company is www.veon.com. The Wireless communications provider can be reached via phone at (120) 797-7200, via email at ir@veon.com, or via fax at 31-20-797-7201.

This page (NASDAQ:VEON) was last updated on 8/14/2022 by MarketBeat.com Staff

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VEON - VEON Stock Forecast, Price & News

VEON MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About VEON (NASDAQ:VEON) Stock

Wall Street Analyst Weigh In

VEON Price Performance

VEON Stock News Headlines

VEON Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

VEON Stock - Frequently Asked Questions

Should I buy or sell VEON stock right now?

What is VEON's stock price forecast for 2022?

How have VEON shares performed in 2022?

When is VEON's next earnings date?

How were VEON's earnings last quarter?

What other stocks do shareholders of VEON own?

What is VEON's stock symbol?

Who are VEON's major shareholders?

How do I buy shares of VEON?

What is VEON's stock price today?

How much money does VEON make?

How many employees does VEON have?

When was VEON founded?

How can I contact VEON?

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