NASDAQ:VEON

VEON - VEON Stock Forecast, Price & News

$0.47

+0.00 (+1.05%)

(As of 08/18/2022 04:34 PM ET)

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Today's Range: $0.47
▼
$0.47
50-Day Range: $0.43
▼
$0.51
52-Week Range: $0.24
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$2.38

Volume: 578,527 shs
Average Volume: 15.03 million shs
Market Capitalization: $825.66 million

P/E Ratio: 2.35
Dividend Yield: N/A
Price Target: $2.70

VEON MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 474.5% Upside
$2.70 Price Target
Short Interest: Healthy
0.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 9 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.

2.35 out of 5 stars

Utilities Sector

21st out of 87 stocks

Radiotelephone Communication Industry

6th out of 7 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 474.5% 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.

2.9

News and Social Media Coverage

News Sentiment
VEON has a news sentiment score of 0.29. 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 9 news articles for VEON this week, compared to 4 articles on an average week.
Search Interest
21 people have searched for VEON on MarketBeat in the last 30 days. This is an increase of 62% compared to the previous 30 days.
MarketBeat Follows
10 people have added VEON to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 2.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.85.
Price to Earnings Ratio vs. Sector
The P/E ratio of VEON is 2.35, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 123.93.
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 Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of VEON in a research report on Wednesday. They set a "strong-buy" rating on the stock.

VEON Stock Performance

VEON Stock opened at $0.47 on Thursday. The firm has a market cap of $817.06 million, a price-to-earnings ratio of 2.32 and a beta of 1.37. The company has a debt-to-equity ratio of 6.04, a quick ratio of 0.60 and a current ratio of 0.62. The firm has a 50-day simple moving average of $0.46 and a two-hundred day simple moving average of $0.63. VEON has a one year low of $0.24 and a one year high of $2.38.

VEON (NASDAQ:VEON - Get Rating) last posted 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 for the quarter. VEON had a return on equity of 28.38% and a net margin of 6.87%.

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VEON Stock News Headlines

August 18, 2022 | americanbankingnews.com

VEON (NASDAQ:VEON) Coverage Initiated by Analysts at StockNews.com

August 16, 2022 | seekingalpha.com

Veon Ltd. Is Waiting For The Explosive Catalyst Of Peace - Seeking Alpha

August 18, 2022 | Investing Trends (Ad)

Is This "Military Tech Crisis" About To Spark A $15B Boom For Investors?

This is a National Emergency. Right now, China controls a CRITICAL resource that we need for our planes, missiles, vehicles, and weapons. However, executive orders from Biden and Trump are forcing China out of the game...

August 16, 2022 | globenewswire.com

Kyivstar to Provide National Digital Health Service for Ukraine - GlobeNewswire

August 16, 2022 | finance.yahoo.com

Kyivstar to Provide National Digital Health Service for Ukraine

August 15, 2022 | globenewswire.com

VEON's Banglalink Unwraps Toffee for Content Creators - GlobeNewswire

August 15, 2022 | finance.yahoo.com

VEON’s Banglalink Unwraps Toffee for Content Creators

August 14, 2022 | americanbankingnews.com

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

August 18, 2022 | Investing Trends (Ad)

Investor Alert: EV Initiatives Create Unsustainable Demand For Lithium

The soaring demand for lithium is driven by worldwide demand for electric vehicles (EVs). Lithium is ideal for electric cars. It's lightweight, stores lots of energy and is rechargeable. Sales of EVs are expected to increase 10-fold by 2030 and estimates are that 1 in 2 cars sold will be electric by 2040.

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

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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VEON Company Calendar

Last Earnings: 6/28/2022
Today: 8/18/2022
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: +474.5%
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: 2.35
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: $1.42 per share
Price / Cash Flow: 0.33
Book Value: $0.89 per share
Price / Book: 0.53

Miscellaneous

Outstanding Shares: 1,756,731,000
Free Float: N/A
Market Cap: $825.66 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 analysts have issued "buy," "hold," and "sell" ratings for VEON in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 12-month target prices for VEON's stock. Their VEON share price forecasts range from $2.70 to $2.70. On average, they anticipate the company's share price to reach $2.70 in the next twelve months. This suggests a possible upside of 480.5% 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 on January 1st, 2022. Since then, VEON stock has decreased by 72.8% and is now trading at $0.4651.
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) posted 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 earned $1.82 billion during 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 many different institutional and retail investors. Top institutional investors include Exor Capital LLP (6.88%), Van ECK Associates Corp (0.70%), Solus Alternative Asset Management LP (0.36%), JPMorgan Chase & Co. (0.19%), Russell Investments Group Ltd. (0.17%) and BNP Paribas Arbitrage SA (0.04%).
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 $817.06 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 8/18/2022 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