Analyst Ratings for Vonage Holdings Corp. (VG)Updated: 2017-07-27
Analysts covering Vonage Holdings Corp. (NYSE:VG) have given it a consensus rating of Buy. A consensus rating of Buy was previously issued for VG last month.
11 analysts issued ratings on the stock, where 9 gave VG a buy rating, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for VG. The highest price target was 10, which equates to a potential upside of 45.99 percent. The lowest price target was 6.5, implying a possible loss of -5.11 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -14.29 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.79 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.79 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of VG's earnings is estimated by analysts to be 349.59 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. VG has a PEG ratio of 0.31.
In the trailing 52-weeks, VG hit 7.88 at the highest peak, while it's lowest trading point was 5.43. The current market price is above the trailing year's low by 26.15 percent, and 13.07 percent lower than its 52-week high. VG has a price/earnings ratio of 109.25. Investors typically compare the P/E ratio to a company's peers in the industry. The VG value stock report compares VG to some of its peers using value stock charts. The market cap of VG is $1.49 billion. VG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.