Vodafone Group Public Limited Company (VOD) Shares: Are They Risky Or Cheap?

Vodafone Group Public Limited Company (NASDAQ:VOD) finished Thursday with a subtraction of -$0.09 to close at $9.10, a downside of -0.98 percent. An average of 4,193,000 shares of common stock have been traded in the last five days. There was a fall of -$0.04 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 4,453,545 shares traded, while the 50-day average volume stands at 5,278,098.

VOD stock has decreased by -9.27% in the last month. The company shares reached their 1-month lowest point of $9.03 on 08/23/23. With the stock rallying to its 52-week high on 02/15/23, shares of the company touched a low of $8.93 and a high of $13.86 in 52 weeks. It has reached a new high 13 times so far this year and lost -10.08% or -$1.02 in price. In spite of this, the price is down -34.37% from the 52-week high.

Valuation Metrics

Vodafone Group Public Limited Company (VOD) has a trailing price-to-earnings (P/E) ratio of 1.94. The stock’s beta is 0.78. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.49, the price-to-book (PB) ratio at 0.36.

The company has a payout ratio of 20.71%. The company’s most recent quarterly dividend payment was $0.4882 a share, representing a up of 8.9% from $0.4483 last year. Its latest increase dividend $0.0399 reported on Tuesday May 16 2023.

Financial Health

The quick ratio of Vodafone Group Public Limited Company for the recent quarter was 0.90, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.81 and a total debt to equity ratio of 1.05 for the recent quarter. Vodafone Group Public Limited Company’s EBITDA margin is 41.64%. Its gross profit as reported stood at $15.47 billion compared to revenue of $47.6 billion.

Earnings Surprise

The company posted a net income of $2.34 billion in the quarter, while revenues were grew 94.64%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Vodafone Group Public Limited Company (VOD) price momentum. RSI 9-day as of the close on 24 August was 39.57%, suggesting the stock is Neutral, with historical volatility in this time frame at 13.35%.

As of today, VOD’s price is $9.11 -0.44% or -$0.04 from its 5-day moving average. VOD is currently trading -6.28% lower than its 20-day SMA and -17.57% lower than its 100-day SMA. However, the stock’s current price level is -0.44% below the SMA50 and -24.67% below the SMA200.

The stochastic %K and %D were 20.77% and 16.32%, respectively, and the average true range (ATR) was 0.13. With the 14-day stochastic at 17.50% and the average true range at 0.15, the RSI (14) stands at 40.91%. The stock has reached -0.01 on the 9-day MACD Oscillator while the 14-day reading was at -0.08.

Analyst Ratings

Exane BNP Paribas upgraded Vodafone Group Public Limited Company (NASDAQ: VOD) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Underperform.

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