NASDAQ:VEON

VEON Stock Forecast, Price & News

$1.75

-0.03 (-1.69 %)

(As of 01/26/2021 12:00 AM ET)

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Today's Range

$1.72

Now: $1.75▼

$1.79

50-Day Range

$1.51

MA: $1.66▼

$1.89

52-Week Range

$1.20

Now: $1.75▼

$2.78

Volume2.96 million shs

Average Volume4.14 million shs

Market Capitalization$3.07 billion

P/E RatioN/A

Dividend Yield6.74%

Beta1.31

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.

MarketRank^™

Overall MarketRank^™

1.71 out of 5 stars

Utilities Sector

67th out of 273 stocks

Radiotelephone Communication Industry

5th out of 29 stocks

2.1 Analyst's Opinion

Consensus Rating
VEON has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $1.93, VEON has a forecasted upside of 10.0% from its current price of $1.75.
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 349 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
VEON has received 557 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
VEON has received 61.48% “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.

3.3 Dividend Strength

Dividend Leadership
VEON is a leading dividend payer. It pays a dividend yield of 6.74%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
VEON does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of VEON is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, VEON will have a dividend payout ratio of 48.00% next year. This indicates that VEON will be able to sustain or increase its 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 15.65% of the stock of VEON is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for VEON are expected to remain at $0.25 per share in the coming year.
Price to Earnings Ratio vs. the Market
The P/E ratio of VEON is -9.72, 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 VEON is -9.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
VEON has a PEG Ratio of 0.82. 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 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees46,492

Year FoundedN/A

Debt

Debt-to-Equity Ratio8.49

Current Ratio0.46

Quick Ratio0.44

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio7.00

P/E Growth0.82

Sales & Book Value

Annual Sales$8.86 billion

Price / Sales0.35

Cash Flow$1.55 per share

Price / Cash Flow1.13

Book Value$1.26 per share

Price / Book1.39

Profitability

EPS (Most Recent Fiscal Year)$0.36

Net Income$621 million

Net Margins-4.05%

Return on Equity-21.39%

Return on Assets-2.29%

Miscellaneous

Outstanding Shares1,756,730,000

Market Cap$3.07 billion

Next Earnings Date3/12/2021 (Estimated)

OptionableOptionable

$1.75

-0.03 (-1.69 %)

(As of 01/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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VEON (NASDAQ:VEON) Frequently Asked Questions

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

VEON's stock was trading at $1.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VEON stock has increased by 2.3% and is now trading at $1.75.
View which stocks have been most impacted by COVID-19.

Is VEON a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VEON in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" VEON stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VEON, but not buy additional shares or sell existing shares.
View analyst ratings for VEON or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than VEON?

Wall Street analysts have given VEON a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but VEON wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is VEON's next earnings date?

VEON is scheduled to release its next quarterly earnings announcement on Friday, March 12th 2021.
View our earnings forecast for VEON.

How were VEON's earnings last quarter?

VEON Ltd. (NASDAQ:VEON) released its earnings results on Thursday, October, 29th. The Wireless communications provider reported ($0.35) EPS for the quarter. The Wireless communications provider had revenue of $1.99 billion for the quarter. VEON had a negative net margin of 4.05% and a negative trailing twelve-month return on equity of 21.39%.
View VEON's earnings history.

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

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

Is VEON a good dividend stock?

VEON pays an annual dividend of $0.12 per share and currently has a dividend yield of 6.74%. VEON has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of VEON is 33.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VEON will have a dividend payout ratio of 48.00% next year. This indicates that VEON will be able to sustain or increase its dividend.
View VEON's dividend history.

What price target have analysts set for VEON?

6 Wall Street analysts have issued 1 year price objectives for VEON's shares. Their forecasts range from $1.80 to $2.20. On average, they anticipate VEON's share price to reach $1.93 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price.
View analysts' price targets for VEON or view Wall Street analyst' top-rated stocks.

Who are some of VEON's key competitors?

Some companies that are related to VEON include Mobile TeleSystems Public Joint Stock (MBT), Hellenic Telecommunications Organization (HLTOY), Millicom International Cellular (MIICF), Millicom International Cellular (TIGO), United States Cellular (USM), HUTCHISON TELEC/ADR (HTHKY), Partner Communications (PTNR), Cellcom Israel (CEL), Spok (SPOK), Pharol, SGPS (PTGCY), Siyata Mobile (SYTA), Siyata Mobile (SYTA), Iridium World Communications (IRIDQ), m-Wise (MWIS) and Remote Dynamics (RMTD).
View all of VEON's 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 145886 (PZE), Pampa Energía (PAM), Transportadora de Gas del Sur (TGS), Oi S.A. American Depositary Sha (OIBR), Vedanta Resources plc (VED.L) (VED), AT&T (T), Teva Pharmaceutical Industries (TEVA), Intel (INTC), Pfizer (PFE) and Gilead Sciences (GILD).

Who are VEON's key executives?

VEON's management team includes the following people:

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)
Mr. Murat KirkgÃ¶z, Group Deputy Chief Financial Officer (Age 45, Pay $572.99k)
Mr. Aleksandr Krupnov, Pres
Mr. Augie K. Fabela II, Co-Founder & Chairman Emeritus (Age 54)
Dr. Dmitry Borisovich Zimin, Founder & Honorary Pres (Age 87)
Mr. Serkan Okandan, Group Chief Financial Officer (Age 50)
Mr. Henrich Daubner, Group Director of Accounting, Reporting & Control

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 investors include Exor Investments UK LLP (3.78%).

Which institutional investors are buying VEON stock?

VEON stock was acquired by a variety of institutional investors in the last quarter, including Exor Investments UK LLP.

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 WeBull, 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 $1.75.

How big of a company is VEON?

VEON has a market capitalization of $3.07 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 1/27/2021 by MarketBeat.com Staff

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