Vodafone Group Public Limited Company [VOD] gain 11.86% so far this year. What now?

Vodafone Group Public Limited Company [NASDAQ: VOD] stock went on a downward path that fall over -0.35% on Tuesday, amounting to a one-week price decrease of less than -0.88%.

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Over the last 12 months, VOD stock dropped by -28.49%. The one-year Vodafone Group Public Limited Company stock forecast points to a potential upside of 21.11. The average equity rating for VOD stock is currently 1.70, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $30.11 billion, with 2.80 billion shares outstanding and 2.53 billion shares in the current float. Compared to the average trading volume of 8.68M shares, VOD stock reached a trading volume of 4267777 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Vodafone Group Public Limited Company [VOD]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VOD shares is $14.35 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VOD stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for Vodafone Group Public Limited Company shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on November 22, 2022. The new note on the price target was released on August 01, 2022, representing the official price target for Vodafone Group Public Limited Company stock.

The Average True Range (ATR) for Vodafone Group Public Limited Company is set at 0.22, with the Price to Sales ratio for VOD stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 0.53, with the Price to Cash per share for the same quarter was set at 6.06.

VOD Stock Performance Analysis:

Vodafone Group Public Limited Company [VOD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.88. With this latest performance, VOD shares gained by 11.42% in over the last four-week period, additionally sinking by -27.25% over the last 6 months – not to mention a drop of -28.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VOD stock in for the last two-week period is set at 60.87, with the RSI for the last a single of trading hit 64.24, and the three-weeks RSI is set at 56.65 for Vodafone Group Public Limited Company [VOD]. The present Moving Average for the last 50 days of trading for this stock 10.94, while it was recorded at 11.30 for the last single week of trading, and 13.44 for the last 200 days.

Insight into Vodafone Group Public Limited Company Fundamentals:

Vodafone Group Public Limited Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

VOD Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VOD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vodafone Group Public Limited Company go to 20.90%.

Vodafone Group Public Limited Company [VOD] Insider Position Details

There are presently around $2,724 million, or 9.50% of VOD stock, in the hands of institutional investors. The top three institutional holders of VOD stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 21,790,832, which is approximately -8.877% of the company’s market cap and around 0.20% of the total institutional ownership; PRICE T ROWE ASSOCIATES INC /MD/, holding 20,662,429 shares of the stock with an approximate value of $233.9 million in VOD stocks shares; and HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, currently with $211.6 million in VOD stock with ownership of nearly -2.571% of the company’s market capitalization.

226 institutional holders increased their position in Vodafone Group Public Limited Company [NASDAQ:VOD] by around 19,762,043 shares. Additionally, 260 investors decreased positions by around 20,736,063 shares, while 117 investors held positions by with 200,094,792 shares. The mentioned changes placed institutional holdings at 240,592,898 shares, according to the latest SEC report filing. VOD stock had 64 new institutional investments in for a total of 2,989,944 shares, while 65 institutional investors sold positions of 4,116,821 shares during the same period.

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