Stock To Watch: Vonage Holdings Corp. (NYSE:VG)


The leading market experts have placed a mean price target of $7.63 on Vonage Holdings Corp. (NYSE:VG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.06 a share for the upcoming quarter and $0.28 for the current fiscal.

Technical View

The technical analysis of Vonage Holdings Corp. Common St plainly substantiates that the 50-day moving average of Vonage Holdings Corp. Common St is $5.83, and stock is trading $-0.18 points away or -3.12% from its 50-day moving average of $5.83. Further it is trading $0.65 or +13.05% away its 200-day moving average of $5.00. Vonage Holdings Corp. (NYSE:VG) 52-week high is $7.42 and the 52-week low is $3.82.

This explains if the stock moves $-1.77, it will post a 52-week high. In event of +47.91% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Vonage Holdings Corp. Common St, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Vonage Holdings Corp. (NYSE:VG) ratio came in at 79.58.

The stock last ended the trading session at $5.65 and registered a market cap of $1.22B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Vonage Holdings Corp. (NYSE:VG) PEG ratio is at -10.85.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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