Is Vodafone Group Public Limited Company (NASDAQ:VOD) being unfairly punished by investors?

In yesterday’s Wall Street session, Vodafone Group Public Limited Company (NASDAQ:VOD) shares traded at $9.98, down -0.89% from the previous session.

15 analysts cover Vodafone Group Public Limited Company (NASDAQ:VOD), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $19.87 and a low of $9.97, we find $13.40. Given the previous closing price of $10.07, this indicates a potential upside of 33.07 percent. VOD stock price is now 5.59% away from the 50-day moving average and -4.71% away from the 200-day moving average. The market capitalization of the company currently stands at $27.11B.

The stock has received a hold rating from 7 analysts and a buy rating from 8. Brokers who have rated the stock have averaged $13.94 as their price target over the next twelve months.

A total of 0.20% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in VOD stock. A new stake in Vodafone Group Public Limited Company shares was purchased by CLIFFORD CAPITAL PARTNERS LLC during the first quarter worth $7,677,000. WESTCHESTER CAPITAL MANAGEMENT, LLC invested $5,077,000 in shares of VOD during the first quarter. In the first quarter, ADVANCED PORTFOLIO MANAGEMENT, LLC acquired a new stake in Vodafone Group Public Limited Company valued at approximately $3,743,000. GTS SECURITIES LLC acquired a new stake in VOD for approximately $1,737,000. LGT GROUP FOUNDATION purchased a new stake in VOD valued at around $1,243,000 in the second quarter. In total, there are 623 active investors with 9.50% ownership of the company’s stock.

On Thursday morning Vodafone Group Public Limited Company (NASDAQ: VOD) stock kicked off with the opening price of $9.99. During the past 12 months, Vodafone Group Public Limited Company has had a low of $8.93 and a high of $12.65. As of last week, the company has a debt-to-equity ratio of 1.05, a current ratio of 0.90, and a quick ratio of 0.90. According to the stock market information, the enterprise value for the company is $73.14B, which is based on a 2.18 price-to-earnings ratio, a 0.10 price-to-earnings-growth ratio, and a beta of 0.76. The fifty day moving average price for VOD is $9.46 and a two-hundred day moving average price translates $10.47 for the stock.

The latest earnings results from Vodafone Group Public Limited Company (NASDAQ: VOD) was released for Mar, 2023.

Moreover, the firm recently paid out its quarterly dividend on 08/04/2023. Investors who held shares on 06/09/2023 were paid a $0.4969395 dividend. On an annualized basis, this represents a $0.99 dividend and a 9.88% percent yield. There was an ex-dividend date of 06/08/2023 for this dividend. In terms of dividend payout ratio, VOD is presently at 20.71%.

Vodafone Group Public Limited Company(VOD) Company Profile

Vodafone Group Public Limited Company provides telecommunication services in Europe and internationally. It offers mobile connectivity services comprising end-to-end services for mobile voice and data, messaging, device management, BYOx, and telecoms management, as well as professional and consulting services; and fixed line connectivity, such as fixed voice and data, broadband, software-defined networks, managed WAN, LAN, ethernet, and satellite; and financial services, as well as business and merchant services. The company also provides consumer Internet of Things (IoT) propositions, as well as security and insurance products; mobile services; logistics, fleet management, and smart metering services; WiFi; digital services comprising mobile application development, multi-access edge computing, worker insights, AI assistant, drone detection, visual inspection, and mixed reality, as well as Vodafone Analytics platform; and traditional IT hosting services, including colocation, managed hosting, security, hosting infrastructure, and flexible computing for government. In addition, it offers integrated business communication services, as well as fixed mobile convergence services; and carrier services, as well as IoT devices comprising managed tablets and integrated terminals. Further, it offers M-Pesa, an African mobile money platform to make payments and provide financial services; Vodafone Business multi-cloud platform; and productivity solutions, as well as operates digital cloud-based television platforms. It serves private and public sector customers in the manufacturing, retail, automotive, banking finance, healthcare, smart cities and public, agriculture, transport and logistics, and energy and utilities management industries. It offers its products and services through digital and physical channels. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.

Related Posts