Vodafone Group Plc (NASDAQ:VOD) – Equities research analysts at Jefferies Financial Group issued their FY2020 EPS estimates for Vodafone Group in a research note issued to investors on Wednesday, July 10th. Jefferies Financial Group analyst J. Dellis forecasts that the cell phone carrier will post earnings per share of $0.97 for the year. Jefferies Financial Group also issued estimates for Vodafone Group’s FY2021 earnings at $0.98 EPS, FY2022 earnings at $1.19 EPS and FY2023 earnings at $1.39 EPS.
A number of other brokerages also recently issued reports on VOD. Zacks Investment Research downgraded shares of Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th. Macquarie reiterated a “neutral” rating on shares of PROXIMUS/ADR in a research note on Wednesday, March 20th. BidaskClub cut shares of Boingo Wireless from a “sell” rating to a “strong sell” rating in a research note on Monday, June 10th. Finally, HSBC reiterated a “hold” rating on shares of MARKS & SPENCER/S in a research note on Friday, May 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Vodafone Group has an average rating of “Buy” and an average price target of $23.30.
NASDAQ:VOD opened at $16.49 on Friday. The company has a current ratio of 1.55, a quick ratio of 1.52 and a debt-to-equity ratio of 0.77. The stock’s 50-day simple moving average is $16.29. The company has a market capitalization of $44.28 billion, a P/E ratio of 27.48, a PEG ratio of 1.29 and a beta of 0.81. Vodafone Group has a one year low of $15.53 and a one year high of $24.97.
The business also recently announced a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Friday, June 7th will be paid a $0.454 dividend. The ex-dividend date of this dividend is Thursday, June 6th. Vodafone Group’s payout ratio is 151.67%.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. OLD Mission Capital LLC purchased a new stake in shares of Vodafone Group during the 4th quarter valued at approximately $59,733,000. Deutsche Bank AG lifted its stake in shares of Vodafone Group by 118.0% during the 4th quarter. Deutsche Bank AG now owns 3,674,751 shares of the cell phone carrier’s stock valued at $70,845,000 after buying an additional 1,989,173 shares in the last quarter. ACR Alpine Capital Research LLC lifted its stake in shares of Vodafone Group by 22.8% during the 1st quarter. ACR Alpine Capital Research LLC now owns 8,061,251 shares of the cell phone carrier’s stock valued at $146,554,000 after buying an additional 1,495,285 shares in the last quarter. Letko Brosseau & Associates Inc. lifted its stake in shares of Vodafone Group by 33.3% during the 1st quarter. Letko Brosseau & Associates Inc. now owns 2,993,406 shares of the cell phone carrier’s stock valued at $54,420,000 after buying an additional 747,968 shares in the last quarter. Finally, Two Sigma Investments LP purchased a new stake in shares of Vodafone Group during the 4th quarter valued at approximately $11,161,000. Hedge funds and other institutional investors own 7.93% of the company’s stock.
Vodafone Group Company Profile
Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.
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