VEON - VEON Ltd.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
2.3100
-0.1000 (-4.15%)
At close: 4:00PM EDT

2.3100 0.00 (0.00%)
After hours: 4:00PM EDT

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Previous Close2.4100
Open2.3800
Bid2.2900 x 36200
Ask2.3000 x 45100
Day's Range2.2800 - 2.3900
52 Week Range2.0700 - 3.2800
Volume8,217,345
Avg. Volume5,145,816
Market Cap4.058B
Beta (3Y Monthly)1.43
PE Ratio (TTM)2.86
EPS (TTM)0.8090
Earnings DateN/A
Forward Dividend & Yield0.26 (10.92%)
Ex-Dividend Date2019-08-13
1y Target Est3.52
Trade prices are not sourced from all markets
  • Is There Now An Opportunity In VEON Ltd. (NASDAQ:VEON)?
    Simply Wall St.

    Is There Now An Opportunity In VEON Ltd. (NASDAQ:VEON)?

    VEON Ltd. (NASDAQ:VEON), which is in the wireless telecom business, and is based in Netherlands, received a lot of...

  • Financial Times

    Mikhail Fridman faces quizzing on Spanish corporate ‘raid’

    Russian billionaire Mikhail Fridman is facing questioning in Spain over allegations he illegally laid “economic siege” to an acquisition target while camouflaging his true role, according to court documents seen by the Financial Times. An anti-corruption prosecutor suspects Mr Fridman broke the country’s criminal code in 2016 in an attempt to take control of Zed World Wide, a Spanish mobile content and services business that later declared insolvency. In a submission to the court, prosecutor José Grinda González described the alleged attack on ZWW as a “raid”, noting that “the word ‘raider’ is used in the realm of organised Russian crime to describe the theft of a business.

  • PR Newswire

    VEON Announces the Pricing of $700,000,000 Senior Notes

    AMSTERDAM, Oct. 2, 2019 /PRNewswire/ -- VEON Holdings B.V. (the "Issuer"), a subsidiary of VEON Ltd. (VEON) (Euronext Amsterdam: VEON), announces the pricing of its $700,000,000 4.00% senior unsecured notes due 2025 (the "Notes"), which will be issued subject to market and other customary conditions (the "Offering"). VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, headquartered in Amsterdam. This release is for informational purposes only and shall not constitute a prospectus or an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.

  • PR Newswire

    VEON Announces Launch of Offering of $1,000,000,000 Senior Notes

    AMSTERDAM, Sept. 25, 2019 /PRNewswire/ -- VEON Holdings B.V. (the "Issuer"), a subsidiary of VEON Ltd. (VEON) (Euronext Amsterdam: VEON), announces an offering of $1,000,000,000 in aggregate principal amount of senior unsecured notes (the "Notes"), subject to market and other customary conditions (the "Offering"). VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, headquartered in Amsterdam. This release is for informational purposes only and shall not constitute a prospectus or an offer to sell or the solicitation of an offer to buy securities in the United States or any other jurisdiction, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws.

  • Why VEON Ltd.'s (NASDAQ:VEON) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why VEON Ltd.'s (NASDAQ:VEON) High P/E Ratio Isn't Necessarily A Bad Thing

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • PR Newswire

    VEON Announces Approval of Asset Transfer Offer by GTH Shareholders and Final Payment of GTH Tax Settlement

    AMSTERDAM, Sept. 9, 2019 /PRNewswire/ -- VEON Holdings B.V. ("VEON Holdings"), a wholly-owned subsidiary of VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON, together with VEON Holdings, "VEON"), today announces that VEON's offer to acquire substantially all of the operating assets of Global Telecom Holding S.A.E. ("GTH") has been approved by GTH's shareholders. Following that approval, VEON has completed the intragroup transfers of Jazz, Banglalink and Med Cable.

  • PR Newswire

    VEON Announces Delisting of GTH Shares from the Egyptian Exchange

    AMSTERDAM , Sept. 9, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON, "VEON") today announces that the Egyptian Exchange (the "EGX") has published a Delisting Decree ...

  • PR Newswire

    VEON sets out strategy and capital allocation framework, updated financial guidance and future dividend policy

    AMSTERDAM, Sept. 3, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON) has today set out its future strategy and capital allocation framework, including a commitment to boost long-term growth beyond traditional connectivity services. VEON's long-term vision is a communications and digital services provider that empowers customer ambitions by acting as a digital concierge to guide their choices and connect resources that match their needs.

  • PR Newswire

    VEON Announces Results of GTH Shareholders Meeting on Delisting

    AMSTERDAM , Aug. 27, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON) today announces the outcome of the Extraordinary General Meeting of Shareholders of its subsidiary, Global Telecom ...

  • Is VEON (NASDAQ:VEON) A Risky Investment?
    Simply Wall St.

    Is VEON (NASDAQ:VEON) A Risky Investment?

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • PR Newswire

    VEON Announces Successful Result of Mandatory Tender Offer for Shares of Global Telecom Holding

    AMSTERDAM, Aug. 6, 2019 /PRNewswire/ -- VEON Holdings B.V. ("VEON Holdings"), a wholly-owned subsidiary of VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON, together with VEON Holdings, "VEON"), today announces the results of its previously announced mandatory tender offer to purchase up to 1,997,639,608 shares of Global Telecom Holding S.A.E ("GTH"), representing approximately 42.31% of GTH's issued shares (the "Mandatory Tender Offer"). The Mandatory Tender Offer commenced on 2 July 2019 and expired today. The aggregate number of shares validly tendered and accepted for purchase and not validly withdrawn was 1,914,322,110 shares and the expected execution date for such purchase will be within 5 Egyptian business days.

  • VEON Ltd. (VEON) Q2 2019 Earnings Call Transcript
    Motley Fool

    VEON Ltd. (VEON) Q2 2019 Earnings Call Transcript

    VEON earnings call for the period ending June 30, 2019.

  • PR Newswire

    VEON Reports Good Q2 2019 Results

    AMSTERDAM , Aug. 1, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, today announces financial and operating results ...

  • Diversified Communication Outlook Portrays Bearish Trends
    Zacks

    Diversified Communication Outlook Portrays Bearish Trends

    Diversified Communication Outlook Portrays Bearish Trends

  • PR Newswire

    Sergi Herrero appointed as COO, VEON Ventures

    AMSTERDAM, July 16, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, has appointed Sergi Herrero as Chief Operations Officer of VEON Ventures effective from September 2019. Sergi will sit on VEON's Group Executive Committee and report to the Chairman and CEO, Ursula Burns.

  • Veon Stock Upgraded: What You Need to Know
    Motley Fool

    Veon Stock Upgraded: What You Need to Know

    Here's why one analyst likes this mobile phone service provider.

  • Should Value Investors Buy VimpelCom Ltd. (VEON) Stock?
    Zacks

    Should Value Investors Buy VimpelCom Ltd. (VEON) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • PR Newswire

    Trond Westlie to step down as VEON Group CFO

    AMSTERDAM, June 28, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON) announces that Group Chief Financial Officer, Trond Westlie, will step down at the end of September. Trond joined VEON in 2017 and has since professionalised the company's finance function, embedding a strong performance management culture across the Group.

  • Reuters

    UPDATE 1-VEON settles Egypt tax liability, paving way to buy Global Telecom shares

    Telecoms operator VEON Ltd has settled a tax dispute with Egypt, the finance ministry said on Wednesday, clearing the way for its potential purchase of the 42.3% stake in its Egyptian subsidiary Global Telecom Holding it does not own. Amsterdam-based VEON has secured approval from Egypt's Financial Regulatory Authority to buy the outstanding 42.3% stake in Global Telecom for $600 million, or 5.08 Egyptian pounds per share, after agreeing to settle the tax liability for $136 million, the finance ministry and VEON said.

  • PR Newswire

    VEON Announces Settlement of GTH Taxes, Approval of Mandatory Tender Offer and Comprehensive GTH Restructuring

    AMSTERDAM, June 26, 2019 /PRNewswire/ -- VEON Holdings B.V. ("VEON Holdings"), a wholly-owned subsidiary of VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON, together with VEON Holdings, "VEON"), today announces that its subsidiary Global Telecom Holding S.A.E. ("GTH") has reached agreement with the Egyptian Tax Authority ("ETA") to settle all outstanding tax liabilities of GTH and its Egyptian subsidiaries for a total amount of USD 136 million (the "Tax Settlement").

  • Here’s What Hedge Funds Think About VEON Ltd. (VEON)
    Insider Monkey

    Here’s What Hedge Funds Think About VEON Ltd. (VEON)

    Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the […]

  • PR Newswire

    VEON Shareholders Elect New Member to its Board of Directors

    AMSTERDAM , June 18, 2019 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announced the results of the elections conducted ...

  • 6 High-Yield Telecom Stocks to Avoid
    InvestorPlace

    6 High-Yield Telecom Stocks to Avoid

    You would think that it's a great time to be in telecom stocks.And it is, but even the best -- and biggest -- of the bunch are having trouble keeping up with all the change that's going on.As mobility expanded, most of the big players just bought the smaller up and comers and started building towers, laying cable, whatever it took to maintain their dominance.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut as this trend continues to expand, there are players in various markets that are finding consistent growth tough to come by and the mergers with big players never materialized. Or, these are big players that just have nowhere to go now. * 7 Stocks to Sell Amid an Escalating Trade War These seven high-yield telecom stocks to avoid may have tantalizing dividends, but that income doesn't really matter if the stock isn't moving in the right direction. Also, high dividends can also be a last-ditch effort to keep investors. But a bad quarter will likely put that dividend at risk, and once it's cut, things get really ugly. Vodafone Group PLC (VOD)Vodafone Group PLC (NASDAQ:VOD) used to be a mobile darling, back when Motorola was a dominant mobile phone maker. Now it's in tough markets during tough times.Source: Shutterstock A U.K.-based firm, it is struggling at home with Brexit issues and a ban on Huawei telecom equipment. The latter issue means it's going to have to pull that equipment from its towers and replace it.As for its Africa, Middle East and Asia Pacific division, there's more competition from local telecoms that can get by on less than VOD. Big countries like India also have a vested interest in developing their own technology companies rather than relying on outsiders.Finally, its attempted merger with Liberty Global (NASDAQ:LBTYA) has sent the company into the convertible bond market to fund it. Adding more to its debt at this point is a real risk. It's likely why the stock is off nearly 40% in the past year.Sure the 6.23% dividend looks good, but it doesn't save you from the capital losses. Turkcell Iletisim Hizmetleri (TKC)Turkcell Iletisim Hizmetleri AS (NYSE:TKC), or Turkcell, is a major mobile provider in Turkey.Source: FlickrThe stock has withered from around $7 a year ago, to the mid-$4s today. That means its 6.16% dividend isn't going patch much of the leak in its asset pricing. Also bear in mind that after that significant price drop the dividend is only sitting at 6%. * 5 Safe Stocks to Buy This Summer The risks here are fundamentally political and geographical. The political risk is an authoritarian government that doesn't get along with most of its NATO allies and that has meant difficult trade deals and economic consistency. The Turkish lira has been extremely volatile and that isn't likely to recede.Geographically, Turkey shares a border with Syria, Iraq and Iran. And across those borders are the Kurdish people that have been a thorn in the side of many Turkish leaders for decades. Yet the Kurds have been great allies of the West in the region. Again, more volatility and Turkcell is hemmed in. Veon Ltd (VEON)Veon Ltd (NASDAQ:VEON) is a Dutch telecom firm that has operations in the Netherlands as well as throughout Europe, Asia and Africa. It's the eleventh largest mobile network with 214 million subscribers.Source: Shutterstock It delivers a 12% dividend yield and given the fact that it lost 4% in the past year, if you were a shareholder it could be worse.However, there's one number -- actually, there's more than one, to be honest -- that really sticks out. Its debt-to-equity ratio is at 214%. It owes $2 for every $1 it has in equity. The global telecom industry average according to Gurufocus.com is 74%.Its overseas markets include Russia, Algeria, Ukraine, Pakistan and Bangladesh. These aren't exactly growth markets now, or any time in the near future. What's more, they're all politically and economically unstable.Add to that the fact that Europe isn't doing well economically right now, and you have enough reasons to steer clear of this one for now. Telefonica (TEF)Source: Shutterstock Telefonica (NYSE:TEF) is a good sized international telecom and it has been around a very long time. Once the state-sponsored phone company of Spain, it has since expanded its territory across Europe and into South America.Given its size, it has a solid 5.69% dividend yield. The problem is, its South American operations tend to be wings or weights on its stock price. And at the current time, it's the latter. * 7 Safe Stocks to Buy for Anxious Investors TEF's current debt-to-equity ratio is more than 300%, which is huge. The problem is, Brazil has been a basket case for years and Argentina is also struggling. And that doesn't even include Venezuela.These issues weigh heavily on the parent as well as its regional subsidiaries. And those issues aren't going away anytime soon, given the global economic slowdown.The slowdown is also hurting Europe, as is the Brexit mess. It's not even worth bottom fishing right now. CenturyLink (CTL)CenturyLink Inc (NYSE:CTL) is a U.S.-based telecom that provides residential and business services around the U.S. Its merger with Level3 also opened it up to enterprise services and global customers in over 60 countries.Source: Shutterstock It generally provides a very high dividend -- currently around 9% -- but that usually comes at the price of the stock, which is off 43% in the past year.Most of CTL's business is in the U.S., in areas outside of major cities, where it may well be the only game in town for exurban and rural customers. That gives it some monopolistic qualities but also means it has to spend on equipment where people want cutting edge service but the populations don't help CTL recover the costs.That isn't a win-win situation. It either provides lesser quality service to those areas, which in turn makes for dissatisfied customers that actively avoid expanding services with CTL, or spending money on quality service that may take years to recoup since the population isn't dense enough to make a dent in the short term.Its debt-to-equity ratio is 180% and will likely remain much higher than average until it can figure out how to solve this fundamental problem. America Movil (AMOV)America Movil SAB de CV (NYSE:AMOV) is kind of the AT&T (NYSE:T) of Mexico. It provides mobile and fixed-line services in Mexico as well as pay television and equipment.Source: Shutterstock And its base economy is doing well. It's the rest of the business that is causing it trouble right now. With operations around South America, it is suffering in most of its major markets -- Brazil, Argentina, Paraguay and Uruguay.Its Central American operations aren't faring much better. El Salvador, Guatemala, Honduras and Nicaragua are also in bad economic shape at the moment. * 7 Stocks to Buy for Over 20% Upside Potential Its operations in Eastern Europe don't really mean that much to the bottom line and its Caribbean operations, which rely on Puerto Rico and Dominican Republic, aren't helping, especially all the repair work that needs to be done in PR.It's no surprise AMOV's debt-to-equity is a whopping 354% right now. And that's a dangerous amount of debt to have when the global economy is slowing.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post 6 High-Yield Telecom Stocks to Avoid appeared first on InvestorPlace.

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