VG

Vonage Holdings Corp

TMT


Presented:11/17/2016
Price:$6.60
Cap:$1.55B
Current Price:$20.99
Cap:$5.38B

Presented

Date11/17/2016
Price$6.60
Market Cap$1.55B
Ent Value$1.86B
P/E Ratio70.97x
Book Value$2.03
Div Yield0%
Shares O/S234.87M
Ave Daily Vol3,031,462
Short Int6.88%

Current

Price$20.99
Market Cap$5.38B
Vonage Holdings Corp. engages in the provision of communication services through cloud-connected devices worldwide. It provides residential and business communication solutions that offer flexibility, portability and ease-of-use for both landline and mobile phones. The company was founded by Jeffrey Adam Citron on May 1, 2000 and is headquartered in Holmdel, NJ.

Publicly traded companies mentioned herein: 8x8 Inc (EGHT), RingCentral Inc (RNG), Twilio Inc (TWLO), Vonage Holdings Corp (VG)

Highlights

The presenter is long shares of Vonage (VG), stating high growth assets are being obscured by the legacy consumer business. The presenter believes the UCaaS business is set to breakeven in 2017 and the CPaaS business will continue growing healthily. On a sum of the parts basis the presenter targets $10 - $12 over the next ~1 – 2 years, versus $7 today.

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Idea Discussion

Commentor 1 - 2 weeks ago

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