Is Vonage Holdings Corp. (VG) A Buy? What Fundamentals Say?

Wall Street analysts will be watching closely when Vonage Holdings Corp. (NYSE:VG) reports its quarterly earnings next, which is scheduled for Tue 14 May (In 61 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.02 per share. In the preceding quarter, the company reportedly generated EPS of $0.04 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 5.00%, a profit margin of 3.40%59.30%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Vonage Holdings Corp. (NYSE:VG). Most recently, on March 12th, 2019, Guggenheim Initiated a Neutral rating. Before that, on January 7th, 2019, Needham Reiterated to Buy. Stephens Initiated a Overweight rating on January 4th, 2019, Dougherty & Company Reiterated an Buy rating on November 29th, 2018, and William Blair Resumed a Outperform rating on September 24th, 2018.

At its current price point, combined with the fact that this company has 238.17M shares outstanding, the current market capitalization sits at 2.42B. In the last trading day, 4,156,904 shares of Vonage Holdings Corp. were traded, which compares to its usual volume of about 2.83M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.34 in the past five trading days, resulting in a percentage change of +3.47% and a moving average of 10.08. In the past 20 days, its price changed by $0.42 (which is +4.32%) and the stock’s moving average was 10.01. Looking back a full 50 days, shares of VG changed by $1.42 (which is +16.27%) and demonstrated a moving average of 9.53.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 66.44%, a 14-day Stochastic %K score of 58.03% and a 20-day Stochastic %K score of 65.59%. Using a similar metric, Vonage Holdings Corp. (VG) shares showed a Stochastic %D of 57.34% over the past 9 days, a Stochastic %D score of 60.18% over the last 14 days, and a 20-day Stochastic %D of 63.93%. Meanwhile, this stock’s MACD Oscillator was 0.16 over the past 9 days, 0.08 over the past two weeks, and 0.10 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $10.15 level. Over the past 12 months, this stock has experienced a high price of $14.73 and a low of $7.91. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Vonage Holdings Corp. (NYSE:VG) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 30,089,936 shares of the company’s stock following the addition of 511,640 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 12.55% stake in Vonage Holdings Corp. (VG)’s shares.

Just in the most recent trading day, Vonage Holdings Corp. (NYSE:VG) experienced a high price of $10.31 and low point of $10.12. At the end of the last trading session, this stock was at 10.15 per share, following a gain of $0.03, or -0.20% during the full day.