About Vonage Holdings Corp. (NYSE:VG)
Vonage Holdings Corp. is a provider of cloud communications services for businesses and consumers, and consumer and communication solutions across multiple devices. The Company operates through two segments: Business and Consumer. For business services customers, the Company provides cloud-based unified communications as a service (UCaaS) solutions, consisting of integrated voice, text, video, data, collaboration, and mobile applications over its scalable session initiation protocol (SIP) based voice over Internet protocol (VoIP) network. It serves a range of the business market, including the small and medium business (SMB), mid-market and enterprise segments. Through its cloud-based middleware solution, gUnify, the Company provides customers the ability to integrate its cloud communications platform with various cloud-based productivity and customer relationship management (CRM) solutions, including Google's G Suite, Zendesk, Salesforce's Sales Cloud, Oracle and Clio.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Wireless Telecom
- Sub-Industry: Alternative Carriers
- Symbol: NYSE:VG
- CUSIP: 92886T20
- Web: www.vonage.com
- Market Cap: $1.84604 billion
- Outstanding Shares: 227,345,000
- 50 Day Moving Avg: $8.14
- 200 Day Moving Avg: $7.24
- 52 Week Range: $5.74 - $8.69
Sales & Book Value:
- Trailing P/E Ratio: 101.50
- Foreward P/E Ratio: 30.07
- P/E Growth: 2.99
- Annual Revenue: $990.31 million
- Price / Sales: 1.86
- Book Value: $2.12 per share
- Price / Book: 3.83
- EBITDA: $95 million
- Net Margins: 2.00%
- Return on Equity: 12.40%
- Return on Assets: 5.95%
- Debt-to-Equity Ratio: 0.61%
- Current Ratio: 0.61%
- Quick Ratio: 0.59%
- Average Volume: 2.83 million shs.
- Beta: -0.11
- Short Ratio: 0.1
Frequently Asked Questions for Vonage Holdings Corp. (NYSE:VG)
What is Vonage Holdings Corp.'s stock symbol?
Vonage Holdings Corp. trades on the New York Stock Exchange (NYSE) under the ticker symbol "VG."
How were Vonage Holdings Corp.'s earnings last quarter?
Vonage Holdings Corp. (NYSE:VG) posted its quarterly earnings data on Thursday, August, 3rd. The company reported $0.06 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.06. The company had revenue of $252 million for the quarter, compared to analysts' expectations of $242.05 million. Vonage Holdings Corp. had a net margin of 2.00% and a return on equity of 12.40%. Vonage Holdings Corp.'s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.08 earnings per share. View Vonage Holdings Corp.'s Earnings History.
When will Vonage Holdings Corp. make its next earnings announcement?
Where is Vonage Holdings Corp.'s stock going? Where will Vonage Holdings Corp.'s stock price be in 2017?
7 brokerages have issued 1 year target prices for Vonage Holdings Corp.'s shares. Their predictions range from $8.50 to $9.75. On average, they anticipate Vonage Holdings Corp.'s share price to reach $9.16 in the next twelve months. View Analyst Ratings for Vonage Holdings Corp..
Are investors shorting Vonage Holdings Corp.?
Vonage Holdings Corp. saw a decline in short interest in September. As of September 15th, there was short interest totalling 9,061,556 shares, a decline of 22.0% from the August 31st total of 11,610,792 shares. Based on an average trading volume of 2,797,787 shares, the days-to-cover ratio is currently 3.2 days. Currently, 4.4% of the company's stock are short sold.
Who are some of Vonage Holdings Corp.'s key competitors?
Some companies that are related to Vonage Holdings Corp. include InterXion Holding N.V. (INXN), Casio Computer (CSIOY), Yelp (YELP), Advanced Energy Industries (AEIS), DST Systems (DST), j2 Global (JCOM), Bitauto Holdings Limited (BITA), CACI International (CACI), RealPage (RP), Lumentum Holdings (LITE), Gemalto Nv (GTOMY), Pure Storage (PSTG), Cirrus Logic (CRUS), Manhattan Associates (MANH), Cree (CREE), AVX Corporation (AVX), Ringcentral (RNG) and 2U (TWOU).
Who are Vonage Holdings Corp.'s key executives?
Vonage Holdings Corp.'s management team includes the folowing people:
- Jeffrey A. Citron, Independent Chairman of the Board
- David T. Pearson, Chief Financial Officer, Treasurer
- Antoine Jamous, President, Nexmo, the Vonage API Platform
- Clark Peterson, President, Enterprise
- Susan L. Quackenbush, Chief Human Resource Officer
- David Levi, Principal Accounting Officer, Vice President, Controller
- Omar Muhammad Javaid, Chief Product Officer
- Graham McGonigal, Chief Network Operations Officer
- Randy K. Rutherford, Interim Chief Legal Officer
- Kenneth Wyatt, Chief Revenue Officer
Who owns Vonage Holdings Corp. stock?
Vonage Holdings Corp.'s stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.15%) and Strs Ohio (0.06%). Company insiders that own Vonage Holdings Corp. stock include Alan Masarek, Antoine Jamous, David C Nagel, David T Pearson, Jeffrey A Citron, Kurt Rogers and Mcgonigal Graham. View Institutional Ownership Trends for Vonage Holdings Corp..
Who sold Vonage Holdings Corp. stock? Who is selling Vonage Holdings Corp. stock?
Vonage Holdings Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold Vonage Holdings Corp. stock in the last year include Antoine Jamous, David T Pearson, Jeffrey A Citron and Mcgonigal Graham. View Insider Buying and Selling for Vonage Holdings Corp..
Who bought Vonage Holdings Corp. stock? Who is buying Vonage Holdings Corp. stock?
How do I buy Vonage Holdings Corp. stock?
Shares of Vonage Holdings Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Vonage Holdings Corp.'s stock price today?
MarketBeat Community Rating for Vonage Holdings Corp. (NYSE VG)MarketBeat's community ratings are surveys of what our community members think about Vonage Holdings Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Vonage Holdings Corp. stock can currently be purchased for approximately $8.12.
Consensus Ratings for Vonage Holdings Corp. (NYSE:VG) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 6 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.86)|
|Consensus Price Target: ||$9.16 (12.79% upside)|Consensus Price Target History for Vonage Holdings Corp. (NYSE:VG)
Analysts' Ratings History for Vonage Holdings Corp. (NYSE:VG)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/20/2017||Robert W. Baird||Reiterated Rating||Buy||$9.00||N/A|
|10/12/2017||Northland Securities||Reiterated Rating||Buy||$9.50||N/A|
|9/27/2017||Needham & Company LLC||Reiterated Rating||Buy||$9.50||Low|
|9/13/2017||Citigroup Inc.||Reiterated Rating||Buy||$9.75||Low|
|8/10/2017||FBN Securities||Downgrade||Outperform -> Sector Perform||$8.70||Low|
|8/4/2017||Dougherty & Co||Lower Price Target||Buy -> Buy||$10.50 -> $8.50||High|
|5/24/2017||William Blair||Reiterated Rating||Outperform||Medium|
|8/3/2016||Oppenheimer Holdings, Inc.||Boost Price Target||Outperform||$6.50 -> $7.00||N/A|
|7/6/2016||Summit Redstone||Reiterated Rating||Hold||N/A|
|3/8/2016||Summit Research||Initiated Coverage||Hold||$6.00||N/A|
|11/4/2015||Canaccord Genuity||Reiterated Rating||Buy||$7.50 -> $8.50||N/A|
Earnings History for Vonage Holdings Corp. (NYSE:VG)Earnings History by Quarter for Vonage Holdings Corp. (NYSE VG)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2017||Q2 2017||$0.06||$0.06||$242.05 million||$252.00 million||View||Listen|
|5/9/2017||Q1 2017||$0.06||$0.06||$242.40 million||$243.30 million||View||Listen|
|2/14/2017||Q416||$0.05||$0.03||$247.59 million||$247.00 million||View||Listen|
|10/26/2016||Q316||$0.05||$0.09||$246.92 million||$248.40 million||View||Listen|
|8/2/2016||Q216||$0.07||$0.08||$226.48 million||$234.00 million||View||N/A|
|5/5/2016||Q116||$0.06||$0.11||$227.04 million||$226.82 million||View||Listen|
|2/11/2016||Q415||$0.05||$0.06||$229.12 million||$230.00 million||View||Listen|
|11/4/2015||Q315||$0.06||$0.06||$221.26 million||$223.00 million||View||N/A|
|7/30/2015||Q215||$0.07||$0.09||$218.85 million||$221.90 million||View||Listen|
|5/6/2015||Q115||$0.05||$0.09||$216.97 million||$220.00 million||View||N/A|
|2/12/2015||Q414||$0.06||$0.09||$214.18 million||$215.00 million||View||N/A|
Earnings Estimates for Vonage Holdings Corp. (NYSE:VG)
2017 EPS Consensus Estimate: $0.25
2018 EPS Consensus Estimate: $0.46
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Vonage Holdings Corp. (NYSE:VG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Vonage Holdings Corp. (NYSE:VG)
Insider Ownership Percentage: 14.05%Insider Trades by Quarter for Vonage Holdings Corp. (NYSE:VG)
Institutional Ownership Percentage: 79.57%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/19/2017||Jeffrey A Citron||Director||Sell||414,913||$8.12||$3,369,093.56|| |
|10/17/2017||Jeffrey A Citron||Director||Sell||138,303||$8.15||$1,127,169.45|| |
|9/21/2017||Jeffrey A Citron||Director||Sell||414,913||$7.99||$3,315,154.87|| |
|8/23/2017||David T Pearson||CFO||Sell||198,350||$8.07||$1,600,684.50|| |
|8/17/2017||Jeffrey A Citron||Director||Sell||414,913||$8.11||$3,364,944.43|| |
|6/22/2017||Jeffrey A Citron||Director||Sell||414,913||$6.77||$2,808,961.01|| |
|6/14/2017||David T Pearson||CFO||Sell||2,000,000||$7.00||$14,000,000.00|| |
|6/13/2017||David T Pearson||CFO||Sell||666,667||$7.02||$4,680,002.34|| |
|6/12/2017||David T Pearson||CFO||Sell||666,666||$7.00||$4,666,662.00|| |
|5/17/2017||Jeffrey A Citron||Director||Sell||276,606||$6.57||$1,817,301.42|| |
|5/9/2017||Mcgonigal Graham||SVP||Sell||44,523||$7.25||$322,791.75|| |
|5/3/2017||Mcgonigal Graham||SVP||Sell||45,000||$7.00||$315,000.00|| |
|4/27/2017||Mcgonigal Graham||SVP||Sell||40,000||$6.76||$270,400.00|| |
|4/20/2017||Jeffrey A Citron||Director||Sell||330,516||$6.50||$2,148,354.00|| |
|3/23/2017||Jeffrey A Citron||Director||Sell||414,913||$6.45||$2,676,188.85|| |
|3/14/2017||Antoine Jamous||Insider||Sell||284,623||$6.17||$1,756,123.91|| |
|2/23/2017||Jeffrey A Citron||Director||Sell||414,913||$6.04||$2,506,074.52|| |
|2/15/2017||Antoine Jamous||Insider||Sell||400,000||$6.71||$2,684,000.00|| |
|2/14/2017||Antoine Jamous||Insider||Sell||150,000||$6.69||$1,003,500.00|| |
|2/13/2017||Antoine Jamous||Insider||Sell||150,000||$6.86||$1,029,000.00|| |
|1/19/2017||Jeffrey A Citron||Director||Sell||414,913||$7.45||$3,091,101.85|| |
|1/11/2017||Antoine Jamous||Insider||Sell||500,000||$7.41||$3,705,000.00|| |
|1/10/2017||Antoine Jamous||Insider||Sell||250,000||$7.48||$1,870,000.00|| |
|1/9/2017||Antoine Jamous||Insider||Sell||150,000||$7.28||$1,092,000.00|| |
|12/22/2016||Jeffrey A Citron||Director||Sell||500,000||$6.96||$3,480,000.00|| |
|12/14/2016||Antoine Jamous||Insider||Sell||400,000||$6.68||$2,672,000.00|| |
|12/13/2016||Antoine Jamous||Insider||Sell||150,000||$6.68||$1,002,000.00|| |
|12/12/2016||Antoine Jamous||Insider||Sell||150,000||$6.67||$1,000,500.00|| |
|11/17/2016||Jeffrey A Citron||Director||Sell||500,000||$6.59||$3,295,000.00|| |
|10/20/2016||Jeffrey A Citron||Director||Sell||500,000||$6.21||$3,105,000.00|| |
|9/22/2016||Jeffrey A Citron||Director||Sell||500,000||$6.45||$3,225,000.00|| |
|8/18/2016||Jeffrey A Citron||Director||Sell||1,000,000||$6.08||$6,080,000.00|| |
|8/16/2016||Kurt Rogers||Insider||Sell||313,852||$6.01||$1,886,250.52|| |
|7/19/2016||Jeffrey A Citron||Director||Sell||101,640||$6.04||$613,905.60|| |
|6/29/2016||Mcgonigal Graham||Insider||Sell||64,248||$6.00||$385,488.00|| |
|6/14/2016||Mcgonigal Graham||Insider||Sell||150,994||$5.29||$798,758.26|| |
|5/13/2016||Alan Masarek||CEO||Buy||126,460||$3.91||$494,458.60|| |
|3/10/2016||David C Nagel||Director||Sell||10,000||$4.94||$49,400.00|| |
|3/4/2016||Jeffrey A Citron||Director||Sell||500,000||$5.33||$2,665,000.00|| |
|12/7/2015||David C Nagel||Director||Sell||5,000||$6.29||$31,450.00|| |
|11/18/2015||Jeffrey A. Citron||Director||Sell||166,500||$6.73||$1,120,545.00|| |
|11/17/2015||Jeffrey A. Citron||Director||Sell||166,500||$6.63||$1,103,895.00|| |
|11/16/2015||Jeffrey A. Citron||Director||Sell||167,000||$6.54||$1,092,180.00|| |
|6/25/2015||Mcgonigal Graham||SVP||Sell||102,500||$5.00||$512,500.00|| |
|5/1/2015||Morton David||Director||Sell||10,000||$4.65||$46,500.00|| |
|4/1/2015||Morton David||Director||Sell||10,000||$4.97||$49,700.00|| |
|3/16/2015||Michael A Tempora||SVP||Sell||11,960||$4.41||$52,743.60|| |
|3/6/2015||Donald Wainright Kellum||Insider||Sell||278,098||$4.61||$1,282,031.78|| |
|3/2/2015||Morton David||Director||Sell||10,000||$4.54||$45,400.00|| |
|2/18/2015||Kurt Rogers||Insider||Sell||392,823||$4.44||$1,744,134.12|| |
Headline Trends for Vonage Holdings Corp. (NYSE:VG)
Latest Headlines for Vonage Holdings Corp. (NYSE:VG)
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Vonage Holdings Corp. (VG) Chart for Monday, October, 23, 2017