NYSE:VG - Vonage Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$9.82 -0.28 (-2.77 %)
(As of 03/22/2019 09:53 AM ET)
Previous Close$10.10
Today's Range$9.80 - $10.06
52-Week Range$7.91 - $14.73
Volume361,135 shs
Average Volume4.14 million shs
Market Capitalization$2.36 billion
P/E Ratio30.69
Dividend YieldN/A
Beta0.65
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.

Receive VG News and Ratings via Email

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

Industry, Sector and Symbol

Industry Telephone communication, except radio
Sub-IndustryAlternative Carriers
SectorComputer and Technology
CUSIP92886T20
Phone732-528-2600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.05 billion
Cash Flow$0.6786 per share
Book Value$2.24 per share

Profitability

Net Income$35.73 million

Miscellaneous

Employees2,248
Market Cap$2.36 billion
Next Earnings Date5/14/2019 (Estimated)
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) released its quarterly earnings data on Thursday, February, 21st. The technology company reported $0.04 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.02. The technology company earned $273.80 million during the quarter, compared to analyst estimates of $274.64 million. Vonage had a net margin of 3.41% and a return on equity of 15.33%. Vonage's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 earnings per share. View Vonage's Earnings History.

When is Vonage's next earnings date?

Vonage is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Vonage.

What guidance has Vonage issued on next quarter's earnings?

Vonage issued an update on its first quarter 2019 earnings guidance on Thursday, February, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of $276-279 million, compared to the consensus revenue estimate of $281.22 million.Vonage also updated its FY 2019 guidance to EPS.

What price target have analysts set for VG?

6 equities research analysts have issued 12-month target prices for Vonage's shares. Their forecasts range from $10.00 to $19.00. On average, they anticipate Vonage's stock price to reach $14.80 in the next year. This suggests a possible upside of 50.7% 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.

Has Vonage been receiving favorable news coverage?

News stories about VG stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Vonage earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned press coverage about the technology company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near term.

Are investors shorting Vonage?

Vonage saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 8,283,268 shares, an increase of 41.6% from the February 15th total of 5,847,959 shares. Based on an average daily trading volume, of 4,624,226 shares, the short-interest ratio is presently 1.8 days. Currently, 3.7% of the shares of the stock are sold short. View Vonage's Current Options Chain.

Who are some of Vonage's key competitors?

What other stocks do shareholders of Vonage own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vonage investors own include Progenics Pharmaceuticals (PGNX), Advanced Micro Devices (AMD), Baozun (BZUN), Micron Technology (MU), Chesapeake Energy (CHK), Walt Disney (DIS), Endologix (ELGX), Vipshop (VIPS), CA (CA) and Sprint (S).

Who are Vonage's key executives?

Vonage's management team includes the folowing people:
  • Mr. Jeffrey Adam Citron, Founder & Non-Exec. Chairman (Age 48)
  • Mr. Alan B. Masarek, CEO & Director (Age 58)
  • Mr. David T. Pearson, CFO & Treasurer (Age 53)
  • Mr. Omar Javaid, Chief Product Officer (Age 47)
  • Mr. Kenneth Wyatt, Chief Revenue Officer (Age 50)

Who are Vonage's major shareholders?

Vonage's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.47%), First Trust Advisors LP (3.58%), Dimensional Fund Advisors LP (2.83%), Emerald Advisers LLC (1.65%), Emerald Mutual Fund Advisers Trust (1.51%) and Norges Bank (1.49%). Company insiders that own Vonage stock include Alan Masarek, Alexander Langer, 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 Falcon Point Capital LLC, SG Americas Securities LLC, First Trust Advisors LP, Prudential Financial Inc., Bank of New York Mellon Corp, D. E. Shaw & Co. Inc., Emerald Advisers LLC and FMR LLC. Company insiders that have sold Vonage company stock in the last year include Alan Masarek, David Levi, David T Pearson, Jayesh Patel, Jeffrey A Citron, Stephen Fisher, Valerie Kahn and Vinod Lala. View Insider Buying and Selling for Vonage.

Which institutional investors are buying Vonage stock?

VG stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Oregon Public Employees Retirement Fund, Millennium Management LLC, Cowen Prime Services LLC, Canada Pension Plan Investment Board, MERIAN GLOBAL INVESTORS UK Ltd and Squarepoint Ops 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 $9.82.

How big of a company is Vonage?

Vonage has a market capitalization of $2.36 billion and generates $1.05 billion in revenue each year. The technology company earns $35.73 million in net income (profit) each year or $0.32 on an earnings per share basis. Vonage employs 2,248 workers across the globe.

What is Vonage's official website?

The official website for Vonage is http://www.vonage.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  284 (Vote Underperform)
Total Votes:  624
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.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

Featured Article: What is the S&P 500 Index?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel