The stock of Vodafone Group Public Limited Company (NASDAQ:VOD) decreased by -$0.09 on Monday to finish at $9.24, down -0.96 percent. The last five days have seen an average of 4,036,400 shares of common stock traded. 13 times new highs were reached in the current year, with a fall of -$0.88. The average number of shares traded over the last 20 days was 5,156,145, while the average volume over the last 50 days totaled 5,800,154.
VOD stock dropped -3.45% since last month. On 08/14/23, the company’s shares reached a one-month low of $9.18. The stock touched a high of $15.04 on 02/15/23, after rallying from a low of $8.93 in 52 weeks. The price of VOD stock has declined by -8.70% or -$0.88 this year, reaching a new high 13 times. Still, the stock price is down -38.56% from the 52-week high.
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Valuation Metrics
Vodafone Group Public Limited Company (VOD) has a trailing price-to-earnings (P/E) ratio of 1.95. Beta for the stock is 0.78. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.50, the price-to-book (PB) ratio of 0.36.
Company paid $0.4882 per share in dividends, an increase of 8.9% from $0.4483 last year. A $0.0399 dividend increase was reported on Tuesday May 16 2023.
Financial Health
For the recent quarter, Vodafone Group Public Limited Company’s quick ratio was 0.90, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.81, and the total debt to equity ratio is 1.05. As far as profitability goes, gross margin for the trailing twelve months is 32.50% percent. Based on annual data, it had gross profit of $15.47 billion and revenue of $47.6 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 10.60% return on investment (ROI) in the past year.
Earnings Surprise
Net income for the quarter came in at $51.05 billion, while revenues rose by 3.89% to $0.0. At the end of Vodafone Group Public Limited Company’s most recent quarter, its liabilities totaled 94.81 billion, while its total debt was $68.3 billion.
Technical Picture
Here’s a quick look at Vodafone Group Public Limited Company’s (VOD) price momentum from a technical perspective. As of 14 August, the RSI 9-day stood at 37.79%, suggesting the stock is Neutral, with a 13.55% historical volatility rate.
The stochastic %K and %D were 13.29% and 14.05% respectively, while the average true range (ATR) was 0.16. Based on the 14-day stochastic reading of 6.38%, the RSI (14) reading is 41.57%. On the 9-day MACD Oscillator, the stock is at -0.02, and the 14-day reading is at -0.16.
Analyst Ratings
In its most recent analyst report, Exane BNP Paribas raised its rating on Vodafone Group Public Limited Company (NASDAQ: VOD) to a Neutral. Prior to this, analysts firm rated the stock as an Underperform. Analysts have assigned Vodafone Group Public Limited Company (VOD) an Overweight rating. VOD is a stock that is recommended for selling by 0 brokerage firms, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 9 others recommend it as a buy.
What is VOD’s price target for the next 12 months?
The current consensus forecast for the stock is between $9.26 and $19.87, with a median target price of $13.70. In analyzing these forecasts, the average price target given by analysts for Vodafone Group Public Limited Company (VOD) is $14.16.
