Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Business Cloud and Vonage Enterprise services. The company also provides home telephone services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail. Its primary home telephone offerings include Vonage World plan that offers unlimited domestic calling; calling to landline phones in approximately 60 countries; and calling to mobile phones in various countries, as well as Vonage North America plan for unlimited calling across the United States, Canada, Mexico, and Puerto Rico. In addition, the company provides Vonage-enabled devices, which allow customers to use the Internet connection for their computer and telephones at the same time; and high-speed broadband Internet service that allows calls over the Internet either from a telephone through a Vonage-enabled device, or through soft phone software, or mobile client applications. It sells its products through its sales agents, Websites, toll free numbers, and retailers for consumers and businesses in the United States, the United Kingdom, and Canada. As of December 31, 2017, it had approximately 2.2 million consumer subscriber lines and business seats. The company was incorporated in 2000 and is headquartered in Holmdel, New Jersey.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Telephone communication, except radio
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolNYSE:VG
Previous Symbol
CUSIP92886T20
Phone732-528-2600
Debt
Debt-to-Equity Ratio0.37
Current Ratio0.75
Quick Ratio0.74
Price-To-Earnings
Trailing P/E Ratio36.09
Forward P/E Ratio28.77
P/E Growth5.86
Sales & Book Value
Annual Sales$1.00 billion
Price / Sales2.41
Cash Flow$0.6140 per share
Price / Cash Flow16.40
Book Value$2.07 per share
Price / Book4.86
Profitability
EPS (Most Recent Fiscal Year)$0.28
Net Income$-33,930,000.00
Net Margins-1.22%
Return on Equity17.66%
Return on Assets10.22%
Miscellaneous
Employees1,780
Outstanding Shares239,580,000
Market Cap$2.42 billion
OptionableOptionable
Vonage (NYSE:VG) Frequently Asked Questions
What is Vonage's stock symbol?
Vonage trades on the New York Stock Exchange (NYSE) under the ticker symbol "VG."
How were Vonage's earnings last quarter?
Vonage Holdings Corp. (NYSE:VG) posted its earnings results on Friday, November, 2nd. The technology company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.09. The technology company had revenue of $261.53 million for the quarter, compared to analysts' expectations of $263.91 million. Vonage had a positive return on equity of 17.66% and a negative net margin of 1.22%. The firm's quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the business posted $0.07 earnings per share. View Vonage's Earnings History.
When is Vonage's next earnings date?
What guidance has Vonage issued on next quarter's earnings?
Vonage updated its FY 2018 earnings guidance on Friday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.048-1.052 billion, compared to the consensus revenue estimate of $1.05 billion.
What price target have analysts set for VG?
6 equities research analysts have issued twelve-month target prices for Vonage's shares. Their forecasts range from $12.00 to $19.00. On average, they anticipate Vonage's share price to reach $15.50 in the next twelve months. This suggests a possible upside of 53.4% from the stock's current price. View Analyst Price Targets for Vonage.
What is the consensus analysts' recommendation for Vonage?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Vonage in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Vonage.
What are Wall Street analysts saying about Vonage stock?
Here are some recent quotes from research analysts about Vonage stock:
- 1. According to Zacks Investment Research, "Vonage is redefining communications by offering consumers and small businesses an affordable alternative to traditional telephone service. The fastest growing telephony company in North America, Vonage's service area encompasses more than 2000 active rate centers in over 130 global markets. Vonage is sold directly through their website and retail partners such as SAM's Club, Amazon.com, RadioShack, Best Buy, Circuit City, Staples, Fry's Electronics and Office Depot. Wholesale partners such as EarthLink, ARMSTRONG(R), Advanced Cable Communications and the Coldwater Board of Public Utilities resell the Vonage broadband phone service under their own unique brands. With more than 300,000 lines in service, Vonage continues to add more than 30,000 lines per month to its network. Over 10 million calls per week are made using Vonage, the easy-to-use, feature-rich, flat rate phone service. " (11/17/2018)
- 2. William Blair analysts commented, "WebRTC-based programmable video API market. We see this acquisition ahead of the curve for video explosion driven by 5G mobile, capable of real- time video streaming applications." (8/1/2018)
Has Vonage been receiving favorable news coverage?
Headlines about VG stock have trended very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing 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 closest to five being the most favorable. Vonage earned a media sentiment score of 3.9 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days.
Who are some of Vonage's key competitors?
Some companies that are related to Vonage include Liberty Sirius XM Group Series C (LSXMK), KT (KT), TIM Participacoes (TSU), TELE2 AB/ADR (TLTZY), Zayo Group (ZAYO), Spark New Zealand (SPKKY), Turkcell Iletisim Hizmetleri A.S. (TKC), GCI Liberty (GLIBA), Telekom Austria (TKAGY), PLDT (PHI), PCCW (PCCWY), Telephone & Data Systems (TDS), Telecom Argentina (TEO), Rostelecom OJSC (ROSYY) and DeNA (DNACF).
Who are Vonage's key executives?
Vonage's management team includes the folowing people:
- Mr. Jeffrey Adam Citron, Founder & Non-Exec. Chairman (Age 47)
- Mr. Alan B. Masarek, CEO & Director (Age 57)
- Mr. David T. Pearson, CFO & Treasurer (Age 52)
- Mr. Omar Javaid, Chief Product Officer (Age 46)
- Mr. Kenneth Wyatt, Chief Revenue Officer (Age 49)
Who are Vonage's major shareholders?
Vonage's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.16%), Vanguard Group Inc. (10.37%), First Trust Advisors LP (3.70%), Alliancebernstein L.P. (3.65%), Dimensional Fund Advisors LP (2.78%) and Glenmede Trust Co. NA (1.90%). Company insiders that own Vonage stock include Alan Masarek, Alexander Langer, Antoine Jamous, David Levi, David T Pearson, Edward M Gilvar, Jayesh Patel, Jeffrey A Citron, Kenneth Wyatt, Mcgonigal Graham, Simon TP Ridgway, Stephen Fisher, Valerie Kahn and Vinod Lala. View Institutional Ownership Trends for Vonage.
Which institutional investors are selling Vonage stock?
VG stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., American Century Companies Inc., TIAA CREF Investment Management LLC, Shell Asset Management Co., Thompson Siegel & Walmsley LLC, Loomis Sayles & Co. L P, Teachers Advisors LLC and Prudential Financial Inc.. Company insiders that have sold Vonage company stock in the last year include Alan Masarek, David Levi, David T Pearson, Edward M Gilvar, Jayesh Patel, Jeffrey A Citron, Kenneth Wyatt, Stephen Fisher, Valerie Kahn and Vinod Lala. View Insider Buying and Selling for Vonage.
Which institutional investors are buying Vonage stock?
VG stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Russell Investments Group Ltd., Man Group plc, Monarch Partners Asset Management LLC, Glenmede Trust Co. NA, BlackRock Inc., Chartwell Investment Partners LLC and Renaissance Technologies LLC. Company insiders that have bought Vonage stock in the last two years include Alexander Langer and Simon TP Ridgway. View Insider Buying and Selling for Vonage.
How do I buy shares of Vonage?
Shares of VG 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, Scottrade, Fidelity and Charles Schwab.
What is Vonage's stock price today?
One share of VG stock can currently be purchased for approximately $10.1050.
How big of a company is Vonage?
Vonage has a market capitalization of $2.42 billion and generates $1.00 billion in revenue each year. The technology company earns $-33,930,000.00 in net income (profit) each year or $0.28 on an earnings per share basis. Vonage employs 1,780 workers across the globe.
What is Vonage's official website?
How can I contact Vonage?
Vonage's mailing address is 23 MAIN STREET, HOLMDEL NJ, 07733. The technology company can be reached via phone at 732-528-2600 or via email at [email protected]
MarketBeat Community Rating for Vonage (NYSE VG)
MarketBeat's community ratings are surveys of what our community members think about Vonage and other stocks. Vote "Outperform" if you believe VG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VG will underperform the S&P 500 over the long term. You may vote once every thirty days.
