Vodafone Group plc ADR (VOD) stock price forecast predicts $9.5 value

At the time of writing, Vodafone Group plc ADR [VOD] stock is trading at $8.48, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The VOD shares have gain 3.29% over the last week, with a monthly amount drifted -2.42%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Vodafone Group plc ADR [NASDAQ: VOD] stock has seen the most recent analyst activity on December 09, 2024, when Goldman downgraded its rating to a Neutral. Previously, UBS downgraded its rating to Neutral on August 05, 2024. Exane BNP Paribas downgraded its rating to a Underperform. Exane BNP Paribas upgraded its rating to a Neutral. In a note dated November 22, 2022, Credit Suisse downgraded an Underperform rating on this stock.

For the past year, the stock price of Vodafone Group plc ADR fluctuated between $8.02 and $10.39. 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 $8.48 at the most recent close of the market. An investor can expect a potential return of 12.03% based on the average VOD price forecast.

Analyzing the VOD fundamentals

According to Vodafone Group plc ADR [NASDAQ:VOD], the company’s sales were 35.84B for trailing twelve months, which represents an -16.73% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.

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 8.42 points at the first support level, and at 8.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.51, and for the 2nd resistance point, it is at 8.55.

Ratios To Look Out For

It is important to note that Vodafone Group plc ADR [NASDAQ:VOD] has a current ratio of 1.08. As well, the Quick Ratio is 1.05, while the Cash Ratio is 0.27. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 0.31 and price to earnings (TTM) ratio is 8.28.

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