We Analyzed the Future Direction of Vonage Holdings Corp. (VG), Here is What We Found

Vonage Holdings Corp. (NASDAQ:VG) went down by -0.40% from its latest closing price compared to the recent 1-year high of $12.99. The company’s stock price has collected -2.33% of loss in the last five trading sessions. Press Release reported 23 hours ago that Simplus Partners with Vonage to Fuel Digital Acceleration for Enterprises

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Is It Worth Investing in Vonage Holdings Corp. (NASDAQ :VG) Right Now?

Plus, the 36-month beta value for VG is at 0.53. Opinions of the stock are interesting as 9 analysts out of 14 who provided ratings for Vonage Holdings Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $14.31, which is $4.07 above the current price. VG currently public float of 231.44M and currently shorts hold a 6.00% ratio of that float. Today, the average trading volume of VG was 2.84M shares.

VG’s Market Performance

VG stocks went down by -2.33% for the week, with a monthly drop of -15.09% and a quarterly performance of 4.24%, while its annual performance rate touched -21.82%. The volatility ratio for the week stands at 4.16% while the volatility levels for the past 30 days are set at 4.13% for Vonage Holdings Corp.. The simple moving average for the period of the last 20 days is -8.85% for VG stocks with a simple moving average of 10.18% for the last 200 days.

Analysts’ Opinion of VG

Many brokerage firms have already submitted their reports for VG stocks, with Morgan Stanley repeating the rating for VG by listing it as a “Equal-Weight.” The predicted price for VG in the upcoming period, according to Morgan Stanley is $13 based on the research report published on August 18th of the current year 2020.

Rosenblatt, on the other hand, stated in their research note that they expect to see VG reach a price target of $12. The rating they have provided for VG stocks is “Neutral” according to the report published on July 28th, 2020.

Jefferies gave a rating of “ Hold” to VG, setting the target price at $11 in the report published on June 9th of the current year.

VG Trading at -11.31% from the 50-Day Moving Average

After a stumble in the market that brought VG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.48% of loss for the given period.

Volatility was left at 4.13%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -14.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.22% lower at present.

During the last 5 trading sessions, VG fell by -2.33%, which changed the moving average for the period of 200-days by +28.77% in comparison to the 20-day moving average, which settled at $10.96. In addition, Vonage Holdings Corp. saw 35.90% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at VG starting from READ RORY P, who bought 17,870 shares at the price of $11.29 back on Aug 26. After this action, READ RORY P now owns 1,554,805 shares of Vonage Holdings Corp., valued at $201,752 using the latest closing price.

READ RORY P, the Chief Executive Officer of Vonage Holdings Corp., bought 16,935 shares at $11.83 during a trade that took place back on Aug 14, which means that READ RORY P is holding 1,536,935 shares at $200,275 based on the most recent closing price.

Stock Fundamentals for VG

Current profitability levels for the company are sitting at:

  • +0.59 for the present operating margin
  • +48.82 for the gross margin

The net margin for Vonage Holdings Corp. stands at -1.64. The total capital return value is set at 0.64, while invested capital returns managed to touch -1.81. Equity return is now at value -6.50, with -2.60 for asset returns.

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Based on Vonage Holdings Corp. (VG), the company’s capital structure generated 97.94 points at debt to equity in total, while total debt to capital is 49.48. Total debt to assets is 40.69, with long-term debt to equity ratio resting at 0.21. Finally, the long-term debt to capital ratio is 95.74.

When we switch over and look at the enterprise to sales, we see a ratio of 1.95, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 13.43 and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.

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