Litchfield Hills Research Estimates VEON FY2025 Earnings

VEON Ltd. (NASDAQ:VEON) – Investment analysts at Litchfield Hills Research issued their FY2025 earnings per share (EPS) estimates for VEON in a research note issued on Wednesday, January 7th. Litchfield Hills Research analyst T. O’neill expects that the Wireless communications provider will earn $5.91 per share for the year. Litchfield Hills Research also issued estimates for VEON’s FY2026 earnings at $7.79 EPS.

A number of other analysts have also recently weighed in on the stock. Zacks Research cut shares of VEON from a “hold” rating to a “strong sell” rating in a report on Friday, December 12th. Wall Street Zen downgraded VEON from a “buy” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of VEON in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, VEON presently has a consensus rating of “Moderate Buy” and an average price target of $60.00.

VEON Stock Performance

Shares of VEON opened at $52.00 on Friday. The company has a debt-to-equity ratio of 2.45, a current ratio of 0.95 and a quick ratio of 0.94. The firm’s 50 day moving average is $50.84 and its 200-day moving average is $51.74. VEON has a 12-month low of $34.55 and a 12-month high of $64.00. The stock has a market capitalization of $3.59 billion, a P/E ratio of 5.91 and a beta of 1.59.

VEON (NASDAQ:VEON) last issued its quarterly earnings results on Monday, November 10th. The Wireless communications provider reported $1.14 EPS for the quarter, missing the consensus estimate of $1.21 by ($0.07). VEON had a return on equity of 58.72% and a net margin of 15.26%.The business had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.11 billion.

Hedge Funds Weigh In On VEON

A number of large investors have recently made changes to their positions in the business. Osaic Holdings Inc. boosted its holdings in shares of VEON by 36.8% during the second quarter. Osaic Holdings Inc. now owns 1,443 shares of the Wireless communications provider’s stock worth $66,000 after purchasing an additional 388 shares during the period. Samson Rock Capital LLP purchased a new stake in VEON in the 2nd quarter worth approximately $138,000. Truist Financial Corp purchased a new stake in VEON in the 3rd quarter worth approximately $208,000. Personal CFO Solutions LLC acquired a new stake in shares of VEON during the 3rd quarter valued at $208,000. Finally, Burns Matteson Capital Management LLC purchased a new position in shares of VEON during the 3rd quarter valued at $211,000. Institutional investors and hedge funds own 21.30% of the company’s stock.

VEON declared that its board has authorized a share buyback program on Monday, November 17th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the Wireless communications provider to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

VEON Company Profile

VEON Ltd (NASDAQ: VEON) is a global telecommunications and digital services provider headquartered in Amsterdam, the Netherlands. Originally founded as VimpelCom in Russia in 1992, the company rebranded to VEON in 2017 to reflect its transformation into a technology-driven operator. VEON operates as a holding company with direct investments in mobile and internet service providers across multiple emerging markets, delivering voice, data and digital services to individual and enterprise customers.

Through its operating subsidiaries, VEON offers a broad portfolio that includes 2G/3G/4G mobile access, fixed broadband, digital lifestyle applications and mobile financial services.