News stories about VimpelCom (NASDAQ:VEON) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. VimpelCom earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 46.1531633329634 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- UPDATE 2-Veon expects profit hit from Uzbek currency devaluation (cnbc.com)
- Eurobites: Orange Extends Netflix Partnership (lightreading.com)
- Veon sees profit hit by Uzbek currency devaluation; CFO resigns (timesofindia.indiatimes.com)
- CORRECTED-UPDATE 2-Veon expects profit hit from Uzbek currency devaluation (reuters.com)
- VEON Names Trond Westlie CFO, Succeeding Andrew Davies (rttnews.com)
VEON has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of VimpelCom from a “sell” rating to a “hold” rating in a research note on Tuesday, May 23rd. ValuEngine raised shares of VimpelCom from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. J P Morgan Chase & Co raised shares of VimpelCom from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $4.00 to $4.50 in a research note on Wednesday, July 26th. Royal Bank Of Canada set a $7.00 price objective on VimpelCom and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, BidaskClub upgraded VimpelCom from a “hold” rating to a “buy” rating in a report on Saturday, September 9th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. VimpelCom currently has an average rating of “Buy” and a consensus target price of $5.31.
VimpelCom (NASDAQ VEON) traded down 0.91% on Friday, hitting $4.36. The stock had a trading volume of 7,933,879 shares. The stock’s 50 day moving average is $4.13 and its 200 day moving average is $4.01. VimpelCom has a one year low of $3.12 and a one year high of $4.50. The stock has a market cap of $7.63 billion, a price-to-earnings ratio of 4.52 and a beta of 2.23.
VimpelCom (NASDAQ:VEON) last posted its quarterly earnings data on Thursday, August 3rd. The Wireless communications provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.09). VimpelCom had a negative return on equity of 8.29% and a net margin of 18.26%. The business had revenue of $2.42 billion for the quarter. Analysts anticipate that VimpelCom will post $0.34 earnings per share for the current year.
The firm also recently disclosed a None dividend, which was paid on Wednesday, September 6th. Investors of record on Monday, August 14th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a dividend yield of 2.63%.
VimpelCom Company Profile
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