View Past PerformanceThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsVonage Holdings バランスシートの健全性財務の健全性 基準チェック /26主要情報81.89%負債資本比率US$471.12m負債インタレスト・カバレッジ・レシオn/a現金US$15.72mエクイティUS$575.30m負債合計US$807.16m総資産US$1.38b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesMajor Estimate Revision • Jul 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.10 to -US$0.14 per share. Revenue forecast unchanged at US$1.54b. Software industry in the US expected to see average net income growth of 6.9% next year. Consensus price target of US$19.70 unchanged from last update. Share price rose 8.5% to US$19.08 over the past week.Seeking Alpha • Jun 30Vonage In The Golden Age Of Arb$2 in 1 month = >100% IRR. Ericsson thinks they can do this. Despite monster downside, EV is +. Merger arbitrage All else being equal, the wider the merger arb spread, the more ways there are to win. Today, the spread in the Ericsson (ERIC)-Vonage (VG) deal is among the very widest. Who? Vonage is a cloud communications company. VG What? Ericsson is buying Vonage for $21 per share in cash. The deal has secured VG shareholders, HSR, FCC, CRTC, German FCO, and UK OFCOM signoffs. That leaves only CFIUS. The deal is not conditioned on financing. When? The deal will probably close by August 1, 2022. Where? Vonage operates in the US, Canada, the UK, the EU, and Asia. It is headquartered in New Jersey. Why? The spread adequately compensates VG holders for CFIUS risk. Target Ticker Parity Spread IRR Vonage (VG) $21.00 $2.07 >100% CaveatReported Earnings • May 06First quarter 2022 earnings released: US$0.067 loss per share (vs US$0.002 loss in 1Q 2021)First quarter 2022 results: US$0.067 loss per share (down from US$0.002 loss in 1Q 2021). Revenue: US$344.9m (up 9.5% from 1Q 2021). Net loss: US$17.1m (loss widened US$16.7m from 1Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Ward was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions Derivative • Mar 18Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of March. If the sale is conducted around the recent share price of US$20.06, it would amount to US$502k. Since June 2021, Jeffrey's direct individual holding has decreased from 8.89m shares to 340.90k. Company insiders have collectively sold US$160m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Mar 06Independent Director notifies of intention to sell stockMichael McConnell intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of March. If the sale is conducted around the recent share price of US$20.35, it would amount to US$305k. Since June 2021, Michael's direct individual holding has increased from 38.52k shares to 42.27k. Company insiders have collectively sold US$156m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Mar 04CEO & Director recently sold US$5.1m worth of stockOn the 2nd of March, Rory Read sold around 250k shares on-market at roughly US$20.26 per share. This was the largest sale by an insider in the last 3 months. This was Rory's only on-market trade for the last 12 months.Reported Earnings • Feb 26Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: US$0.097 loss per share (up from US$0.15 loss in FY 2020). Revenue: US$1.41b (up 19% from FY 2020). Net loss: US$24.5m (loss narrowed 32% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 917%. Over the next year, revenue is forecast to grow 10%, compared to a 51% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Recent Insider Transactions Derivative • Dec 02Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 4m shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of November. If the sale is conducted around the recent share price of US$20.63, it would amount to US$87m. Since December 2020, Jeffrey's direct individual holding has decreased from 9.49m shares to 3.66m. Company insiders have collectively sold US$86m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 30Key Executive recently sold US$84m worth of stockOn the 26th of November, Jeffrey Citron sold around 4m shares on-market at roughly US$20.67 per share. This was the largest sale by an insider in the last 3 months. This was Jeffrey's only on-market trade for the last 12 months.Seeking Alpha • Nov 29Merger Arbitrage Mondays - Ericsson To Acquire Vonage HoldingsInitially a VOIP service provider, Vonage refocused its business from a home phone provider to a global business cloud communications provider. This transformation was key to Vonage's recent success. Ericsson to acquire Vonage for $6.2 billion or $21 per share in cash, representing a premium of 28%.Recent Insider Transactions Derivative • Nov 27Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of November. If the sale is conducted around the recent share price of US$20.79, it would amount to US$2.1m. Since December 2020, Jeffrey's direct individual holding has decreased from 9.49m shares to 8.74m. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.Seeking Alpha • Nov 22Vonage: $21/Share Takeover From Ericsson$6.2 billion deal approved by both boards. Price is a bit of a disappointment but still about 50% gain from original write up. Possible but unlikely another bidder comes in.Price Target Changed • Nov 07Price target increased to US$20.60Up from US$18.40, the current price target is an average from 12 analysts. New target price is 19% above last closing price of US$17.35. Stock is up 37% over the past year. The company is forecast to post a net loss per share of US$0.01 next year compared to a net loss per share of US$0.15 last year.Reported Earnings • Nov 06Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.041 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$358.3m (up 20% from 3Q 2020). Net loss: US$2.03m (loss narrowed 80% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Seeking Alpha • Nov 05Vonage: Accelerating Growth Areas And Activist Still Present13% consolidated revenue growth. 43% API revenue growth, accelerating. EBITDA dollars, EBITDA margin, Total Revenues, and Cash Flow better than guidance for the quarter and raised year guidance. Balance sheet stronger and getting stronger driven by growing cash flows. Stock still a double from here.Seeking Alpha • Sep 01Vonage: A Potential Double With A Smart Activist Reportedly Pushing For A SaleActivist firm owns 4% of the company. Stock is still down from where it traded post solid Q2 earnings. Sum of the Parts indicates a much higher stock price, potentially double.Price Target Changed • Aug 07Price target increased to US$17.23Up from US$15.91, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$14.70. Stock is up 17% over the past year.Seeking Alpha • Aug 06Vonage: A Fast Grower Hidden Under A Cash Cow13% consolidated revenue growth. 40% API revenue growth. EBITDA margin and absolute dollars better than guidance. Balance sheet in great shape with cash flow well above $100mm. Stock is a potential double from here.Executive Departure • Jul 13Chief Technology Officer Sagi Dudai has left the companyOn the 30th of June, Sagi Dudai's tenure as Chief Technology Officer ended after less than a year in the role. As of March 2021, Sagi still personally held 443.12k shares (US$5.2m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.Recent Insider Transactions Derivative • Jun 26Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 175k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of June. If the sale is conducted around the recent share price of US$14.78, it would amount to US$2.6m. Since September 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.09m. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.Executive Departure • Jun 09Independent Director Gary Steele has left the companyOn the 4th of June, Gary Steele's tenure as Independent Director ended after 4.9 years in the role. As of March 2021, Gary still personally held 58.12k shares (US$687k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.50 years, which is considered inexperienced in the Simply Wall St Risk Model.Reported Earnings • May 06First quarter 2021 earnings released: US$0.002 loss per share (vs US$0.015 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$332.9m (up 18% from 1Q 2020). Net loss: US$376.0k (loss narrowed 90% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Recent Insider Transactions Derivative • Mar 14Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$12.60, it would amount to US$109k. Since June 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.10m. Company insiders have collectively sold US$2.3m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Mar 10President of API Platform Group recently sold US$1.1m worth of stockOn the 5th of March, Omar Javaid sold around 93k shares on-market at roughly US$12.03 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$771k more than they bought in the last 12 months.Is New 90 Day High Low • Mar 09New 90-day low: US$12.05The company is down 10.0% from its price of US$13.42 on 08 December 2020. The American market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.50 per share.Reported Earnings • Feb 20Full year 2020 earnings released: US$0.15 loss per share (vs US$0.08 loss in FY 2019)The company reported a poor full year result with increased losses and weaker control over costs, although revenues were flat. Full year 2020 results: Revenue: US$1.19b (flat on FY 2019). Net loss: US$36.2m (loss widened 86% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 11%, compared to a 3.9% growth forecast for the Telecom industry in the US.Recent Insider Transactions Derivative • Feb 18Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$14.91, it would amount to US$2.2m. Since June 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.10m. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months.Is New 90 Day High Low • Jan 27New 90-day high: US$14.05The company is up 35% from its price of US$10.42 on 28 October 2020. The American market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.51 per share.Is New 90 Day High Low • Dec 23New 90-day high: US$13.97The company is up 41% from its price of US$9.89 on 23 September 2020. The American market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.51 per share.Recent Insider Transactions Derivative • Dec 05Chief Strategy Officer exercised options and sold US$362k worth of stockOn the 1st of December, Vinod Lala exercised 37.50k options at a strike price of around US$3.76 and sold these shares for an average price of US$13.40 per share. This trade did not impact their existing holding. Since March 2020, Vinod's direct individual holding has decreased from 184.45k shares to 156.00k. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Nov 12Key Executive notifies of intention to sell stockJeffrey Citron intends to sell roughly 75.00k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of November. If the sale is conducted around the recent share price of US$11.38, it would amount to US$854k. Since December 2019, Jeffrey's direct individual holding has decreased from 9.67m shares to 9.59m. Company insiders have collectively sold US$813k more than they bought, via options and on-market transactions in the last 12 months.Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Over the next year, revenue is forecast to grow 4.1%, compared to a 2.0% growth forecast for the Telecom industry in the US.Reported Earnings • Nov 07Third quarter 2020 earnings released: US$0.041 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: US$316.6m (up 4.7% from 3Q 2019). Net loss: US$10.1m (loss narrowed 52% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 06New 90-day high: US$12.72The company is up 2.0% from its price of US$12.53 on 07 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.28 per share.財務状況分析短期負債: VGの 短期資産 ( $223.2M ) は 短期負債 ( $297.0M ) をカバーしていません。長期負債: VGの短期資産 ( $223.2M ) は 長期負債 ( $510.2M ) をカバーしていません。デット・ツー・エクイティの歴史と分析負債レベル: VGの 純負債対資本比率 ( 79.2% ) は 高い と見なされます。負債の削減: VGの負債対資本比率は、過去 5 年間で73.8%から81.9%に増加しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 VGは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: VGは利益は出ていませんが、フリーキャッシュフローがプラスで年間1.7 % 減少しているにもかかわらず、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/07/22 11:33終値2022/07/20 00:00収益2022/03/31年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Vonage Holdings Corp. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。16 アナリスト機関William PowerBairdRyan MacWilliamsBarclaysGregory MillerCanaccord Genuity13 その他のアナリストを表示
Major Estimate Revision • Jul 04Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$0.10 to -US$0.14 per share. Revenue forecast unchanged at US$1.54b. Software industry in the US expected to see average net income growth of 6.9% next year. Consensus price target of US$19.70 unchanged from last update. Share price rose 8.5% to US$19.08 over the past week.
Seeking Alpha • Jun 30Vonage In The Golden Age Of Arb$2 in 1 month = >100% IRR. Ericsson thinks they can do this. Despite monster downside, EV is +. Merger arbitrage All else being equal, the wider the merger arb spread, the more ways there are to win. Today, the spread in the Ericsson (ERIC)-Vonage (VG) deal is among the very widest. Who? Vonage is a cloud communications company. VG What? Ericsson is buying Vonage for $21 per share in cash. The deal has secured VG shareholders, HSR, FCC, CRTC, German FCO, and UK OFCOM signoffs. That leaves only CFIUS. The deal is not conditioned on financing. When? The deal will probably close by August 1, 2022. Where? Vonage operates in the US, Canada, the UK, the EU, and Asia. It is headquartered in New Jersey. Why? The spread adequately compensates VG holders for CFIUS risk. Target Ticker Parity Spread IRR Vonage (VG) $21.00 $2.07 >100% Caveat
Reported Earnings • May 06First quarter 2022 earnings released: US$0.067 loss per share (vs US$0.002 loss in 1Q 2021)First quarter 2022 results: US$0.067 loss per share (down from US$0.002 loss in 1Q 2021). Revenue: US$344.9m (up 9.5% from 1Q 2021). Net loss: US$17.1m (loss widened US$16.7m from 1Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 36% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Steve Ward was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions Derivative • Mar 18Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 25k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of March. If the sale is conducted around the recent share price of US$20.06, it would amount to US$502k. Since June 2021, Jeffrey's direct individual holding has decreased from 8.89m shares to 340.90k. Company insiders have collectively sold US$160m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Mar 06Independent Director notifies of intention to sell stockMichael McConnell intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of March. If the sale is conducted around the recent share price of US$20.35, it would amount to US$305k. Since June 2021, Michael's direct individual holding has increased from 38.52k shares to 42.27k. Company insiders have collectively sold US$156m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Mar 04CEO & Director recently sold US$5.1m worth of stockOn the 2nd of March, Rory Read sold around 250k shares on-market at roughly US$20.26 per share. This was the largest sale by an insider in the last 3 months. This was Rory's only on-market trade for the last 12 months.
Reported Earnings • Feb 26Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: US$0.097 loss per share (up from US$0.15 loss in FY 2020). Revenue: US$1.41b (up 19% from FY 2020). Net loss: US$24.5m (loss narrowed 32% from FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 917%. Over the next year, revenue is forecast to grow 10%, compared to a 51% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Recent Insider Transactions Derivative • Dec 02Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 4m shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of November. If the sale is conducted around the recent share price of US$20.63, it would amount to US$87m. Since December 2020, Jeffrey's direct individual holding has decreased from 9.49m shares to 3.66m. Company insiders have collectively sold US$86m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 30Key Executive recently sold US$84m worth of stockOn the 26th of November, Jeffrey Citron sold around 4m shares on-market at roughly US$20.67 per share. This was the largest sale by an insider in the last 3 months. This was Jeffrey's only on-market trade for the last 12 months.
Seeking Alpha • Nov 29Merger Arbitrage Mondays - Ericsson To Acquire Vonage HoldingsInitially a VOIP service provider, Vonage refocused its business from a home phone provider to a global business cloud communications provider. This transformation was key to Vonage's recent success. Ericsson to acquire Vonage for $6.2 billion or $21 per share in cash, representing a premium of 28%.
Recent Insider Transactions Derivative • Nov 27Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 100k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of November. If the sale is conducted around the recent share price of US$20.79, it would amount to US$2.1m. Since December 2020, Jeffrey's direct individual holding has decreased from 9.49m shares to 8.74m. Company insiders have collectively sold US$2.1m more than they bought, via options and on-market transactions in the last 12 months.
Seeking Alpha • Nov 22Vonage: $21/Share Takeover From Ericsson$6.2 billion deal approved by both boards. Price is a bit of a disappointment but still about 50% gain from original write up. Possible but unlikely another bidder comes in.
Price Target Changed • Nov 07Price target increased to US$20.60Up from US$18.40, the current price target is an average from 12 analysts. New target price is 19% above last closing price of US$17.35. Stock is up 37% over the past year. The company is forecast to post a net loss per share of US$0.01 next year compared to a net loss per share of US$0.15 last year.
Reported Earnings • Nov 06Third quarter 2021 earnings released: US$0.008 loss per share (vs US$0.041 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$358.3m (up 20% from 3Q 2020). Net loss: US$2.03m (loss narrowed 80% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Seeking Alpha • Nov 05Vonage: Accelerating Growth Areas And Activist Still Present13% consolidated revenue growth. 43% API revenue growth, accelerating. EBITDA dollars, EBITDA margin, Total Revenues, and Cash Flow better than guidance for the quarter and raised year guidance. Balance sheet stronger and getting stronger driven by growing cash flows. Stock still a double from here.
Seeking Alpha • Sep 01Vonage: A Potential Double With A Smart Activist Reportedly Pushing For A SaleActivist firm owns 4% of the company. Stock is still down from where it traded post solid Q2 earnings. Sum of the Parts indicates a much higher stock price, potentially double.
Price Target Changed • Aug 07Price target increased to US$17.23Up from US$15.91, the current price target is an average from 13 analysts. New target price is 17% above last closing price of US$14.70. Stock is up 17% over the past year.
Seeking Alpha • Aug 06Vonage: A Fast Grower Hidden Under A Cash Cow13% consolidated revenue growth. 40% API revenue growth. EBITDA margin and absolute dollars better than guidance. Balance sheet in great shape with cash flow well above $100mm. Stock is a potential double from here.
Executive Departure • Jul 13Chief Technology Officer Sagi Dudai has left the companyOn the 30th of June, Sagi Dudai's tenure as Chief Technology Officer ended after less than a year in the role. As of March 2021, Sagi still personally held 443.12k shares (US$5.2m worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 2.92 years.
Recent Insider Transactions Derivative • Jun 26Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 175k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of June. If the sale is conducted around the recent share price of US$14.78, it would amount to US$2.6m. Since September 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.09m. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.
Executive Departure • Jun 09Independent Director Gary Steele has left the companyOn the 4th of June, Gary Steele's tenure as Independent Director ended after 4.9 years in the role. As of March 2021, Gary still personally held 58.12k shares (US$687k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 1.50 years, which is considered inexperienced in the Simply Wall St Risk Model.
Reported Earnings • May 06First quarter 2021 earnings released: US$0.002 loss per share (vs US$0.015 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: US$332.9m (up 18% from 1Q 2020). Net loss: US$376.0k (loss narrowed 90% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Recent Insider Transactions Derivative • Mar 14Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 9k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of March. If the sale is conducted around the recent share price of US$12.60, it would amount to US$109k. Since June 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.10m. Company insiders have collectively sold US$2.3m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Mar 10President of API Platform Group recently sold US$1.1m worth of stockOn the 5th of March, Omar Javaid sold around 93k shares on-market at roughly US$12.03 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$771k more than they bought in the last 12 months.
Is New 90 Day High Low • Mar 09New 90-day low: US$12.05The company is down 10.0% from its price of US$13.42 on 08 December 2020. The American market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.50 per share.
Reported Earnings • Feb 20Full year 2020 earnings released: US$0.15 loss per share (vs US$0.08 loss in FY 2019)The company reported a poor full year result with increased losses and weaker control over costs, although revenues were flat. Full year 2020 results: Revenue: US$1.19b (flat on FY 2019). Net loss: US$36.2m (loss widened 86% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 0.6%. Earnings per share (EPS) also surpassed analyst estimates by 56%. Over the next year, revenue is forecast to grow 11%, compared to a 3.9% growth forecast for the Telecom industry in the US.
Recent Insider Transactions Derivative • Feb 18Key Executive notifies of intention to sell stockJeffrey Citron intends to sell 150k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$14.91, it would amount to US$2.2m. Since June 2020, Jeffrey's direct individual holding has decreased from 9.69m shares to 9.10m. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months.
Is New 90 Day High Low • Jan 27New 90-day high: US$14.05The company is up 35% from its price of US$10.42 on 28 October 2020. The American market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.51 per share.
Is New 90 Day High Low • Dec 23New 90-day high: US$13.97The company is up 41% from its price of US$9.89 on 23 September 2020. The American market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$27.51 per share.
Recent Insider Transactions Derivative • Dec 05Chief Strategy Officer exercised options and sold US$362k worth of stockOn the 1st of December, Vinod Lala exercised 37.50k options at a strike price of around US$3.76 and sold these shares for an average price of US$13.40 per share. This trade did not impact their existing holding. Since March 2020, Vinod's direct individual holding has decreased from 184.45k shares to 156.00k. Company insiders have collectively sold US$1.2m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Nov 12Key Executive notifies of intention to sell stockJeffrey Citron intends to sell roughly 75.00k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of November. If the sale is conducted around the recent share price of US$11.38, it would amount to US$854k. Since December 2019, Jeffrey's direct individual holding has decreased from 9.67m shares to 9.59m. Company insiders have collectively sold US$813k more than they bought, via options and on-market transactions in the last 12 months.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Over the next year, revenue is forecast to grow 4.1%, compared to a 2.0% growth forecast for the Telecom industry in the US.
Reported Earnings • Nov 07Third quarter 2020 earnings released: US$0.041 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: US$316.6m (up 4.7% from 3Q 2019). Net loss: US$10.1m (loss narrowed 52% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 06New 90-day high: US$12.72The company is up 2.0% from its price of US$12.53 on 07 August 2020. The American market is up 6.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$14.28 per share.