SGOCO Group, Ltd. (SGOC) At $1.06 Forms Bottom; Vonage Holdings (VG) Sentiment Is 1.33

SGOCO Group, Ltd. (SGOC) formed multiple bottom with $1.01 target or 5.00% below today’s $1.06 share price. SGOCO Group, Ltd. (SGOC) has $15.55M valuation. The stock decreased 1.85% or $0.02 during the last trading session, reaching $1.06. About 180,425 shares traded or 36.03% up from the average. SGOCO Group, Ltd. (NASDAQ:SGOC) has declined 59.30% since January 1, 2017 and is downtrending. It has underperformed by 76.00% the S&P500.

Vonage Holdings Corp. provides communications services connecting people through cloud-connected devices worldwide. The company has market cap of $2.33 billion. It offers various business services, including basic dial tone, call queue, conferencing, call groups, mobile functionality, CRM integration, and detailed analytics, as well as Vonage Essential services. It has a 100.69 P/E ratio. The firm also provides home telephone replacement services through various service plans with basic features, such as voicemail, call waiting, call forwarding, simulring, visual voicemail, and extensions, as well as area code selection, virtual phone number, and Web-enabled voicemail.

Ratings analysis reveals 100% of Vonage’s analysts are positive. Out of 3 Wall Street analysts rating Vonage, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $8.0 while the high is $9.0. The stock’s average target of $8.67 is -14.75% below today’s ($10.17) share price. VG was included in 3 notes of analysts from September 12, 2016. The rating was maintained by Needham on Monday, September 26 with “Buy”. Robert W. Baird initiated it with “Outperform” rating and $8.0 target in Wednesday, September 14 report. The firm has “Buy” rating given on Monday, September 12 by Dougherty & Company.

Analysts await Vonage Holdings Corp. (NYSE:VG) to report earnings on February, 13. They expect $0.09 EPS, up 200.00% or $0.06 from last year’s $0.03 per share. VG’s profit will be $20.58 million for 28.25 P/E if the $0.09 EPS becomes a reality. After $0.07 actual EPS reported by Vonage Holdings Corp. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

Adirondack Research & Management Inc. holds 3.45% of its portfolio in Vonage Holdings Corp. for 1.09 million shares. Tieton Capital Management Llc owns 365,010 shares or 2.56% of their US portfolio. Moreover, Southpoint Capital Advisors Lp has 1.67% invested in the company for 5.00 million shares. The Washington-based First Washington Corp has invested 1.59% in the stock. Emerald Advisers Inc Pa, a Pennsylvania-based fund reported 4.52 million shares.

The stock decreased 1.36% or $0.14 during the last trading session, reaching $10.17. About 1.12M shares traded. Vonage Holdings Corp. (VG) has risen 55.05% since January 1, 2017 and is uptrending. It has outperformed by 38.35% the S&P500.