Jefferies Financial Group Research Analysts Increase Earnings Estimates for Vodafone Group Public Limited (NASDAQ:VOD)

Vodafone Group Public Limited (NASDAQ:VODGet Rating) – Equities researchers at Jefferies Financial Group raised their FY2023 EPS estimates for Vodafone Group Public in a report released on Monday, January 23rd. Jefferies Financial Group analyst J. Dellis now anticipates that the cell phone carrier will post earnings of $1.22 per share for the year, up from their prior estimate of $1.07. The consensus estimate for Vodafone Group Public’s current full-year earnings is $1.16 per share.

A number of other research analysts have also recently issued reports on VOD. Berenberg Bank cut their target price on shares of Vodafone Group Public from GBX 115 ($1.42) to GBX 100 ($1.24) in a research note on Monday, January 9th. The Goldman Sachs Group cut shares of Vodafone Group Public from a “conviction-buy” rating to a “buy” rating in a research note on Wednesday, December 14th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Vodafone Group Public from GBX 215 ($2.66) to GBX 195 ($2.41) in a research note on Monday. Credit Suisse Group cut shares of Vodafone Group Public from an “outperform” rating to an “underperform” rating in a research note on Tuesday, November 22nd. Finally, Barclays boosted their price objective on shares of Vodafone Group Public from GBX 110 ($1.36) to GBX 115 ($1.42) in a research report on Thursday, January 5th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $135.43.

Vodafone Group Public Stock Performance

NASDAQ:VOD opened at $11.32 on Wednesday. Vodafone Group Public has a 1 year low of $9.94 and a 1 year high of $19.05. The firm has a 50 day moving average of $10.82 and a 200-day moving average of $12.28. The company has a current ratio of 0.88, a quick ratio of 0.85 and a debt-to-equity ratio of 1.04.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Friday, February 3rd. Investors of record on Friday, November 25th will be given a $0.4483 dividend. This represents a yield of 7.6%. The ex-dividend date is Wednesday, November 23rd.

Institutional Trading of Vodafone Group Public

Institutional investors have recently bought and sold shares of the business. Eagle Bay Advisors LLC acquired a new stake in Vodafone Group Public during the 2nd quarter worth $26,000. Boit C F David acquired a new stake in Vodafone Group Public during the 3rd quarter worth $27,000. Hexagon Capital Partners LLC acquired a new stake in Vodafone Group Public during the 2nd quarter worth $29,000. Accurate Wealth Management LLC acquired a new stake in Vodafone Group Public during the 4th quarter worth $30,000. Finally, CX Institutional acquired a new stake in Vodafone Group Public during the 2nd quarter worth $34,000. Institutional investors and hedge funds own 9.03% of the company’s stock.

Vodafone Group Public Company Profile

(Get Rating)

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.

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Earnings History and Estimates for Vodafone Group Public (NASDAQ:VOD)

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