Is Vodafone Group plc ADR (VOD) Stock a Good Buy for Short-term Investors?

Vodafone Group plc ADR [VOD] stock is trading at $8.68, up 1.40%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VOD shares have gain 2.48% over the last week, with a monthly amount glided 2.48%, and seem to be holding up well over a long-time horizon.

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On 27, February 2024, Broadcom and Vodafone Demonstrate Network Programmability to Optimize Network Performance for Short-Form Video Content. In a post published today on Yahoo Finance, Mobile World Congress 2024 — Today, VMware, recently acquired by Broadcom Inc., announced a compelling proof of concept (POC) to be demonstrated at Mobile World Congress in Barcelona, highlighting a new technical collaboration with Vodafone (NASDAQ: VOD). The joint effort showcases the benefits of applying network programmability and intelligence into the Radio Access Network (RAN), enhancing overall performance for customers.

From an analyst’s perspective:

Vodafone Group plc ADR [NASDAQ: VOD] stock has seen the most recent analyst activity on December 07, 2023, when Exane BNP Paribas downgraded its rating to a Underperform. Previously, Exane BNP Paribas upgraded its rating to Neutral on June 28, 2023. Credit Suisse downgraded its rating to a Underperform. Bernstein downgraded its rating to a Mkt Perform. JP Morgan downgraded its rating to Neutral for this stock on June 29, 2022. In a note dated June 22, 2022, Barclays downgraded an Equal Weight rating on this stock.

Vodafone Group plc ADR [VOD] stock has fluctuated between $8.02 and $12.07 over the past year. Currently, Wall Street analysts expect the stock to reach $9.5 within the next 12 months. Vodafone Group plc ADR [NASDAQ: VOD] shares were valued at $8.68 at the most recent close of the market. An investor can expect a potential return of 9.45% based on the average VOD price forecast.

Analyzing the VOD fundamentals

Vodafone Group plc ADR [NASDAQ:VOD] reported sales of 47.69B for the trailing twelve months, which represents a growth of 0.65%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is -0.56 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.08.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.61 points at the first support level, and at 8.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.72, and for the 2nd resistance point, it is at 8.77.

Ratios To Look Out For

For context, Vodafone Group plc ADR’s Current Ratio is 0.89. In addition, the Quick Ratio stands at 0.86 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 0.37 and price to earnings (TTM) ratio is 2.20.

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