Analysts Issue Forecasts for VEON FY2025 Earnings

VEON Ltd. (NASDAQ:VEONFree Report) – Stock analysts at Litchfield Hills Research issued their FY2025 earnings per share (EPS) estimates for VEON in a research note issued on Thursday, June 26th. Litchfield Hills Research analyst T. O’neill expects that the Wireless communications provider will earn $4.83 per share for the year. Litchfield Hills Research has a “Strong-Buy” rating on the stock. Litchfield Hills Research also issued estimates for VEON’s FY2026 earnings at $6.57 EPS.

Several other analysts have also recently commented on VEON. Wall Street Zen upgraded VEON from a “buy” rating to a “strong-buy” rating in a report on Sunday. Benchmark restated a “buy” rating and set a $60.00 target price on shares of VEON in a report on Monday, June 16th.

Check Out Our Latest Stock Analysis on VEON

VEON Price Performance

Shares of VEON stock opened at $44.49 on Monday. The stock’s fifty day moving average is $47.33 and its 200-day moving average is $44.39. The company has a debt-to-equity ratio of 2.17, a quick ratio of 0.80 and a current ratio of 0.81. The stock has a market capitalization of $3.29 billion, a PE ratio of 7.02 and a beta of 1.51. VEON has a 52 week low of $25.48 and a 52 week high of $58.30.

VEON (NASDAQ:VEONGet Free Report) last announced its earnings results on Thursday, May 15th. The Wireless communications provider reported $1.36 EPS for the quarter, topping the consensus estimate of $0.83 by $0.53. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $996.00 million. VEON had a return on equity of 36.24% and a net margin of 11.18%.

Hedge Funds Weigh In On VEON

Several hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC boosted its holdings in VEON by 177.9% in the first quarter. Jane Street Group LLC now owns 16,374 shares of the Wireless communications provider’s stock valued at $714,000 after acquiring an additional 10,483 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in VEON by 84,690.0% in the first quarter. Jones Financial Companies Lllp now owns 16,958 shares of the Wireless communications provider’s stock valued at $740,000 after acquiring an additional 16,938 shares during the last quarter. NewEdge Advisors LLC bought a new position in VEON in the first quarter valued at about $400,000. Cubist Systematic Strategies LLC boosted its holdings in VEON by 783.6% in the first quarter. Cubist Systematic Strategies LLC now owns 53,936 shares of the Wireless communications provider’s stock valued at $2,352,000 after acquiring an additional 47,832 shares during the last quarter. Finally, Walleye Capital LLC boosted its holdings in VEON by 407.2% in the first quarter. Walleye Capital LLC now owns 33,362 shares of the Wireless communications provider’s stock valued at $1,455,000 after acquiring an additional 26,784 shares during the last quarter. Institutional investors own 21.30% of the company’s stock.

VEON Company Profile

(Get Free Report)

VEON Ltd., a digital operator, provides connectivity and internet services in Pakistan, Ukraine, Kazakhstan, Bangladesh, Uzbekistan, and Kyrgyzstan. It offers mobile telecommunications services, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services; data connectivity, cross border transit, voice, Internet, and data services; fixed-line telecommunications using intercity fiber optic networks; and Internet-TV using Fiber to the building technology.

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