NYSE:VNEVeoneer Stock Price, Forecast & News

Veoneer's stock was trading at $8.99 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VNE shares have increased by 19.9% and is now trading at $10.78. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Veoneer in the last year. There are currently 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Veoneer.

Veoneer is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Veoneer.

Veoneer Inc (NYSE:VNE) posted its quarterly earnings data on Friday, April, 24th. The company reported ($1.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.34) by $0.15. The company had revenue of $362 million for the quarter, compared to analysts' expectations of $359 million. Veoneer had a negative return on equity of 29.08% and a negative net margin of 33.63%. View Veoneer's earnings history.

Veoneer issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, March, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $350-370 million, compared to the consensus revenue estimate of $390.09 million.

9 analysts have issued 1 year price objectives for Veoneer's shares. Their forecasts range from $9.00 to $26.00. On average, they expect Veoneer's share price to reach $15.38 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price. View analysts' price targets for Veoneer.

Media headlines about VNE stock have been trending very positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Veoneer earned a news impact score of 4.0 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutVeoneer.

Some companies that are related to Veoneer include Allison Transmission (ALSN), LCI Industries (LCII), Dorman Products (DORM), Dana (DAN), Adient (ADNT), Meritor (MTOR), Gentherm (THRM), Delphi Technologies (DLPH), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Tower International (TOWR), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), Tenneco (TEN) and Garrett Motion (GTX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Veoneer investors own include Pfizer (PFE), Autoliv (ALV), Franklin Resources (BEN), Canadian Natural Resources (CNQ), Constellation Pharmaceuticals (CNST), California Resources (CRC), Dominion Energy (D), Delta Air Lines (DAL), Enterprise Products Partners (EPD) and Gilead Sciences (GILD).

Veoneer trades on the New York Stock Exchange (NYSE) under the ticker symbol "VNE."

Veoneer's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.92%), DNB Asset Management AS (1.59%), State Street Corp (0.37%), Invesco Ltd. (0.31%), JPMorgan Chase & Co. (0.29%) and Swiss National Bank (0.18%). Company insiders that own Veoneer stock include Arthur Blanchford, Jan Carlson, Mathias Hermansson and Mikko S Taipale. View institutional ownership trends for Veoneer.

VNE stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Two Sigma Investments LP, Bank of New York Mellon Corp, Engineers Gate Manager LP, Tudor Investment Corp Et Al, Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Veoneer.

VNE stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, JPMorgan Chase & Co., Invesco Ltd., Jane Street Group LLC, State Street Corp, Aigen Investment Management LP, FNY Investment Advisers LLC, and GSA Capital Partners LLP. Company insiders that have bought Veoneer stock in the last two years include Arthur Blanchford, Jan Carlson, Mathias Hermansson, and Mikko S Taipale. View insider buying and selling activity for Veoneer.

Shares of VNE 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, Robinhood, Fidelity, and Charles Schwab.

One share of VNE stock can currently be purchased for approximately $10.78.

Veoneer has a market capitalization of $1.20 billion and generates $1.90 billion in revenue each year. The company earns $-500,000,000.00 in net income (profit) each year or ($4.92) on an earnings per share basis. Veoneer employs 8,600 workers across the globe.

The official website for Veoneer is www.veoneer.com.

Veoneer's mailing address is 26545 AMERICAN DRIVE, SOUTHFIELD MI, 48034. The company can be reached via phone at 248-223-0600 or via email at [email protected]