Vodafone Group Public - VOD Share Forecast, Price & News

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers. It also provides value added services, such as Internet of Things (IoT) comprising logistics and fleet management, smart metering, insurance, cloud, and security services; and automotive and health solutions. In addition, the company offers M-Pesa, an African payment platform, which provides money transfer, financial, and business and merchant payment services; and various services to operators through its partner market agreements. Vodafone Group Public Limited Company has a strategic partnership with Open Fiber. As of March 31, 2022, it had approximately 323 million mobile customers, 28 million fixed broadband customers, and 22 million TV customers. The company was incorporated in 1984 and is based in Newbury, the United Kingdom.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Morgan Stanley reissued an "overweight" rating on shares of Vodafone Group Public in a research report on Wednesday, May 11th. JPMorgan Chase & Co. set a GBX 168 ($2.06) price target on shares of Vodafone Group Public in a report on Tuesday, July 26th. Sanford C. Bernstein set a GBX 135 ($1.65) price objective on shares of Vodafone Group Public in a research note on Monday, August 1st. Barclays restated an "equal weight" rating and issued a GBX 140 ($1.72) price target on shares of Vodafone Group Public in a research report on Tuesday, July 26th. Finally, The Goldman Sachs Group set a GBX 175 ($2.14) price objective on shares of Vodafone Group Public in a research report on Monday, July 25th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 157.82 ($1.93).

Vodafone Group Public Price Performance

VOD Stock traded up GBX 2.80 ($0.03) during midday trading on Friday, hitting GBX 121.44 ($1.49). 57,281,932 shares of the stock were exchanged, compared to its average volume of 114,032,859. Vodafone Group Public has a fifty-two week low of GBX 105 ($1.29) and a fifty-two week high of GBX 141.60 ($1.74). The stock has a market cap of £33.91 billion and a price-to-earnings ratio of 2,024.00. The stock's 50-day moving average price is GBX 126.32 and its 200-day moving average price is GBX 126.99. The company has a debt-to-equity ratio of 126.82, a quick ratio of 0.69 and a current ratio of 0.85.

Vodafone Group Public Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, August 5th. Stockholders of record on Wednesday, June 1st were issued a dividend of €0.05 ($0.05) per share. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend was Wednesday, June 1st. Vodafone Group Public's dividend payout ratio (DPR) is presently 150.00%.

Insider Buying and Selling at Vodafone Group Public

In related news, insider Margherita D. Valle sold 299,350 shares of the stock in a transaction dated Monday, June 27th. The shares were sold at an average price of GBX 127 ($1.56), for a total value of £380,174.50 ($465,843.03).