Veon Ltd (NASDAQ:VEON) shares traded -2.94% down during most recent session to reach at the closing price of $3.96. The stock exchanged hands 2.54 Million shares versus average trading capacity of 2.83 Million shares, yielding a market cap of $7.1 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $5.48 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Veon Ltd (NASDAQ:VEON) high price target of $6.5 and with a conservative view have low price target of $4.4.
JP Morgan “Upgrades” Veon Ltd (NASDAQ:VEON) in a research note issued to investors on 7/26/17 to Neutral with price target of $0.
On the other hand the company has Relative Strength Index (RSI 14) of 42.71 along with Average True Range (ATR 14) of 0.09, Consequently Veon Ltd (NASDAQ:VEON)’s weekly and monthly volatility is 2.41%, 2.14% respectively. The company’s beta value is at 2.22.
In terms of Buy, Sell or Hold recommendations, Veon Ltd (NASDAQ:VEON) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Veon Ltd (NASDAQ:VEON)’s minimum EPS for the current quarter is at $0.11 and can go high up to $0.11. The consensus mean EPS for the current quarter is at $0.11 derived from a total of 1 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.11 earnings per share for the same quarter during last year.
Previously Veon Ltd (NASDAQ:VEON) reported $-0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $-0.18. The company posted an earnings surprise of -163.6%.
Veon Ltd (NASDAQ:VEON)’s revenue estimates for the current quarter are $2.44 Billion according to 1 number of analysts, for the current quarter the company has high revenue estimates of $2.44 Billion in contradiction of low revenue estimates of $2.44 Billion. For the current year the company’s revenue estimates are $9.46 Billion compared to low analyst estimates of $9.21 Billion and high estimates of $9.67 Billion according to 14 number of analysts.
Currently Veon Ltd (NASDAQ:VEON)’s shares owned by insiders are 39.6%, whereas shares owned by institutional owners are 11.1%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 2.8%.
Veon Ltd (NASDAQ:VEON) 52-week high price stands at $4.51 and low price stands at $3.12, its price distance from 52-week high is -12.2% while its distance from 52-week low price is 26.92%. The stock hit its 52-week high on 08/12/16, and 52-week low on 10/24/16.
Veon Ltd (NASDAQ:VEON)’s trailing twelve month revenues are $9.4 Billion, whereas its price to sales ratio for the same period is 0.76. Its book value per share for the most recent quarter is $3.06 while its price to book ratio for the same period is 1.29, as for as the company’s cash per share for the most recent quarter is $1.74, however its price to cash per share ratio for the same period is 2.28. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.