VOD - Vodafone Group Plc

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
18.51
-0.19 (-1.04%)
At close: 4:00PM EDT
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Previous Close18.71
Open18.56
Bid18.40 x 29200
Ask18.58 x 2900
Day's Range18.44 - 18.58
52 Week Range17.05 - 30.20
Volume2,492,351
Avg. Volume4,932,079
Market Cap50.229B
Beta (3Y Monthly)0.70
PE Ratio (TTM)N/A
EPS (TTM)-2.82
Earnings DateN/A
Forward Dividend & Yield1.09 (6.00%)
Ex-Dividend Date2018-11-21
1y Target Est26.17
Trade prices are not sourced from all markets
  • How Much Of Vodafone Group Plc (LON:VOD) Do Institutions Own?
    Simply Wall St.4 days ago

    How Much Of Vodafone Group Plc (LON:VOD) Do Institutions Own?

    Every investor in Vodafone Group Plc (LON:VOD) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller c...

  • Liberty Global to Collect $27 Billion from Asset Sales
    Market Realist5 days ago

    Liberty Global to Collect $27 Billion from Asset Sales

    Inside Media Companies' Transformation Efforts: DISCA, VIAB, CBS(Continued from Prior Part)Vodafone deal to net over $20 billion for Liberty Liberty Global (LBTYA) is on track to collect close to $27 billion from asset sale transactions with Vodafone

  • IBM Stock Is On Its Last Legs — Sell, Sell, Sell!
    InvestorPlace10 days ago

    IBM Stock Is On Its Last Legs — Sell, Sell, Sell!

    It's been a roller-coaster ride for shares of International Business Machines (NYSE:IBM) over the past several months. In late 2018, amid a broader market selloff, IBM stock dropped to near-decade lows below $110, after falling more than 30% over the course of two months. But at $110, IBM stock was simply far too undervalued. Thus, as broader financial markets have rebounded in 2019 amid stabilizing economic fundamentals, IBM stock has rallied, too. Year-to-date, IBM stock is up 25%.Source: Shutterstock For IBM stock, that's a massive rally. This is a stock that has been stuck in a consistent downtrend for the past five years. As such, this year's 29% rally is actually one of the biggest rallies that IBM stock has staged in the last several years.The overriding question now: can it last?InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Dow Jones Stocks Holding the Blue Chip Index Back I'm not convinced. I was bullish on IBM stock in late 2018 since the valuation was out of whack with fundamentals. Specifically, you had a stock trading at multi-year low valuation levels with a multi-year high yield. This dynamic occurred amid improving fundamentals which implied that profit growth was going to return to the picture. Today, the fundamentals are still improving, and this company looks due for consistent profit growth over the next several years. But the current valuation appropriately reflects that growth outlook, so further upside is limited.Consequently, this surprising 2019 rally in IBM stock seems to be on its last legs. Late-2018 buyers may want to do some profit taking here in early 2019. The Outlook Continues to ImproveThe story at IBM has been pretty bad for several years. Revenue growth has been consistently negative as the company was slow to pivot to the AI, cloud, and data markets. Furthermore, it has consequently been losing share in its legacy IT business. Margins have concurrently dropped amid stiffer competition in this space. Profits have been falling. IBM stock has been falling, too.But there have been signs of gradual improvement over the past several quarters.Specifically, the company has continued to push more aggressively into the cloud and AI markets. Subsequently, robust growth in these new businesses has largely offset declines in the legacy IT segment. Revenue growth rates have improved. Last year, constant currency-adjusted revenue growth was flat year-over-year for the first time since 2012. Meanwhile, thanks to these stabilizing revenue trends, margins have stabilized. Plus, pre-tax profit margins have been hugging the 17.5% level for three consecutive years now, after several consecutive years of huge declines.These improvements should persist throughout 2019, mostly because the cloud and AI businesses remain on fire. Of note in 2019, IBM has announced a wide-ranging AI collaboration project with food giant McCormick (NYSE:MKC), formed a new 5G cloud-tech venture with Vodafone (NASDAQ:VOD), and scored a big IT deal with Juniper Networks (NYSE:JNPR). IBM has also landed a $700 million IT contract with Spanish bank Banco Santander (NYSE:SAN).Broadly speaking, then, it appears that IBM's cloud and AI businesses remain on track. So long as this remains true, then IBM is positioned to flip into positive revenue-growth territory soon. The Valuation Reflects RealityAt this point in time, the valuation underlying IBM stock fully accounts for renewed revenue and profit growth. Therefore, it doesn't leave much room for nearer-term upside.When you look at IBM, you have a business that won't grow by much over the next several years. At best, robust cloud growth and legacy IT market-share losses largely offset one another. At best, they produce tepid revenue growth of 0% to 1%. Meanwhile, margins should improve as revenue declines turn into revenue growth. But such improvements will be largely mitigated by competition in the broader IT market.Consequently, IBM projects as a slow revenue grower with mild margin expansion potential over the next several years. Modeling that out, I think IBM can do about $15 in earnings per share by fiscal 2025. IBM stock's trailing five-year average, forward price-to-earnings multiple is 10. But, over the past five years, revenues and margins were in free fall. Over the next five years, they should rise, albeit slowly.As such, IBM stock deserves more than its historical average 10x forward multiple, but less than the market average 16 forward multiple. Using the midpoint of these two metrics, a reasonable fiscal 2024 price target of IBM stock is $195. Discounted back by 6% per year (4 points below my normal 10% discount rate to account for the yield), that equates to a fiscal 2019 price target of just over $145.That's roughly where IBM stock trades today. Thus, upside over the next several months looks limited. Bottom Line on IBM StockIn late 2018, IBM stock fell into deeply undervalued territory. That was the time to buy. Now, the stock has rallied more than 30% off those lows, and IBM stock is now in fairly valued territory. As such, late-2018 dip buyers may turn into early 2019 rally sellers. That's a real risk for the stock going forward.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post IBM Stock Is On Its Last Legs -- Sell, Sell, Sell! appeared first on InvestorPlace.

  • Reuters16 days ago

    European shares firm, Irish stocks hit highest close in six months

    European shares rounded off a solid week on Friday, as better than expected German and U.S. data bolstered risk appetite, while Irish stocks surged to their best closing level in nearly half a year amid a possible delay to Brexit. The demand could complicate a bid to create Europe's third-largest bank out of Germany's top two lenders, which have struggled to recover since the financial crisis.

  • Moody's18 days ago

    Vodafone Group Plc -- Moody's assigns Ba1 ratings to Vodafone's new hybrid securities; outlook negative

    Moody's Investors Service ("Moody's") has today assigned a Ba1 rating to Vodafone Group Plc's (Vodafone) issuance of USD 2 billion subordinated fixed rate reset 10 year capital securities due 2079. Vodafone plans to use the hybrid securities to fund a portion of the EUR 18.4 billion acquisition of Liberty Global plc's (Ba3 stable) assets in Germany and Central and Eastern Europe (CEE).

  • Reuters18 days ago

    Vodafone agrees job cut measures with unions in Italy

    Vodafone, the world's No. 2 mobile operator, has reached an agreement with Italian trade unions to cut jobs through voluntary redundancies and reduced hours, it said on Thursday. Last month Vodafone said it was opening talks with unions over 1,130 job cuts, equal to 16 percent of its Italian workforce. The move is part of a broader effort to reshape its business in Italy due to increasing pressure in the country's mobile market.

  • Top Ranked Income Stocks to Buy for April 3rd
    Zacks18 days ago

    Top Ranked Income Stocks to Buy for April 3rd

    Top Ranked Income Stocks to Buy for April 3rd

  • Reuters19 days ago

    EU has no major concerns in Germany over Vodafone-Liberty deal: sources

    BRUSSELS/LONDON (Reuters) - The European Union has not raised any major concerns about the impact on Germany's cable market of Vodafone buying Liberty Global's assets, sources with direct knowledge of the matter said on Tuesday, improving the chances of the deal going ahead. Vodafone, the world's No.2 mobile operator, agreed in May to pay $22 billion for Liberty Global's cable networks in Germany and eastern European markets to challenge the dominance of former monopolies such as Deutsche Telekom.

  • Reuters19 days ago

    EU has no major concerns in Germany over Vodafone-Liberty deal - sources

    BRUSSELS/LONDON (Reuters) - The European Union has not raised any major concerns about the impact on Germany's cable market of Vodafone buying Liberty Global's assets, sources with direct knowledge of the matter said on Tuesday, improving the chances of the deal going ahead. Vodafone, the world's No.2 mobile operator, agreed in May to pay $22 billion for Liberty Global's cable networks in Germany and eastern European markets to challenge the dominance of former monopolies such as Deutsche Telekom. In December, the EU opened a full-scale probe into the deal, which has been strongly criticised by rivals Deutsche Telekom and Telefonica Deutschland.

  • EU finds few major hurdles in Germany from Vodafone-Liberty deal: sources
    Reuters20 days ago

    EU finds few major hurdles in Germany from Vodafone-Liberty deal: sources

    BRUSSELS-LONDON (Reuters) - The European Union has not raised any major concerns about the impact of Vodafone's buying Liberty Global's assets on the cable market in Germany, sources with direct knowledge of the matter said on Tuesday. Vodafone, the world's second biggest mobile operator, agreed in May to pay $22 billion for Liberty Global's cable networks in Germany and eastern European markets to challenge the dominance of former monopolies like Deutsche Telekom. In December, the EU opened a full-scale probe into the deal, which has been strongly criticised by rivals DT and Telefonica Deutschland .

  • Vodafone expects mid-year EU approval on Liberty Global deal
    Reuters20 days ago

    Vodafone expects mid-year EU approval on Liberty Global deal

    LONDON/BRUSSELS (Reuters) - Vodafone still expects to secure EU antitrust approval for its $22 billion (16.86 billion pounds) purchase of Liberty Global's assets in Germany and eastern Europe by the middle of the year, it said on Tuesday. The world's second-largest mobile operator expressed its confidence after receiving the European Commission's statement of objections, which set out the watchdog's concerns about the deal. The Commission had previously voiced worries about the impact in Germany, the Czech Republic, Hungary and Romania.

  • Nokia Gets 4G Contract from Vodafone India
    Market Realist20 days ago

    Nokia Gets 4G Contract from Vodafone India

    Nokia Gets 4G Contract, Taps into Debt MarketNokia to build 4G network for Vodafone IndiaVodafone Idea has contracted Nokia (NOK) to build its 4G network across several markets in India.Vodafone Idea is seeking to expand its network coverage and

  • Morningstar21 days ago

    Communication Services: 5G Wireless Will Prove More Evolutionary Than Revolutionary

    After faring far better than the broader stock market during the sharp sell-off in late 2018, the Morningstar Global Communications Index has increased only about 10% so far during the first quarter, similar to the 11% return of the market in the same period. Despite this rocky performance, we continue to believe that Europe offers a particularly attractive hunting ground for value within our telecom coverage. Excitement around 5G wireless technology has steadily built in recent months, with the first 5G-capable mobile devices hitting the market and initial in-home wireless broadband trials, notably at Verizon, ramping up.

  • BlackBerry (BB) Q4 Earnings Top Estimates on Higher Revenues
    Zacks24 days ago

    BlackBerry (BB) Q4 Earnings Top Estimates on Higher Revenues

    Top-line growth and lower operating expenses drive BlackBerry's (BB) fourth-quarter fiscal 2019 earnings.

  • Why All Isn’t Well with Facebook’s Workplace
    Market Realist24 days ago

    Why All Isn’t Well with Facebook’s Workplace

    How Facebook Is Sowing the Seeds of Growth This Year(Continued from Prior Part)Former Facebook insider doing battle with WorkplaceAlthough Facebook’s (FB) Workplace recently marked a milestone of reaching over 2.0 million paying users in less than

  • Here is What Hedge Funds Think About Vodafone Group Plc  (VOD)
    Insider Monkey25 days ago

    Here is What Hedge Funds Think About Vodafone Group Plc (VOD)

    A market correction in the fourth quarter, spurred by a number of global macroeconomic concerns and rising interest rates ended up having a negative impact on the markets and many hedge funds as a result. The stocks of smaller companies were especially hard hit during this time as investors fled to investments seen as being […]

  • A Look at Vodafone’s $4.5 Billion Fundraising Plan
    Market Realistlast month

    A Look at Vodafone’s $4.5 Billion Fundraising Plan

    The Latest Updates from the Telecom Sector(Continued from Prior Part)Vodafone avoids outright debt Vodafone (VOD) is raising about $4.5 billion through the sale of convertible bonds, according to a report from Bloomberg. The company intends to use

  • Vodafone to receive EU warning over $22 billion Liberty deal: sources
    Reuterslast month

    Vodafone to receive EU warning over $22 billion Liberty deal: sources

    Vodafone will receive a warning from EU regulators about possible anti-competitive effects from its $22 billion deal to buy Liberty Global's German and eastern European assets, two people familiar with the matter said on Wednesday. The warning, via a statement of objections setting out the European Commission's concerns, is expected to be conveyed to the companies shortly, the sources said, ahead of a June 3 deadline for the EU executive's regulatory approval. The world's second-largest mobile operator and U.S. cable pioneer John Malone's Liberty announced the deal in May last year in a move that would help Vodafone to compete with rival Deutsche Telekom in its home market.

  • Reuterslast month

    Vodafone to receive EU warning over $22 bln Liberty deal -sources

    Vodafone will receive a warning from EU regulators about possible anti-competitive effects from its $22 billion deal to buy Liberty Global's German and eastern European assets, two people familiar with the matter said on Wednesday. The warning, via a statement of objections setting out the European Commission's concerns, is expected to be conveyed to the companies shortly, the sources said, ahead of a June 3 deadline for the EU executive's regulatory approval. The world's second-largest mobile operator and U.S. cable pioneer John Malone's Liberty announced the deal in May last year in a move that would help Vodafone to compete with rival Deutsche Telekom in its home market.

  • Reuterslast month

    EU regulators to warn Vodafone, Liberty Global about $22 bln deal - sources

    EU antitrust regulators are set to warn Vodafone and Liberty Global about the possible anti-competitive effects of their $22 billion deal, two people familiar with the matter said on Wednesday. The warning, via a statement of objections setting out the European Commission's concerns, is expected to be conveyed to the companies shortly, the people said. The EU antitrust enforcer opened a full-scale investigation into the deal in December last year, saying that Vodafone's purchase of Liberty Global's assets in Germany and east Europe may hurt competition in Germany and the Czech Republic.

  • Reuterslast month

    Indian telco Vodafone Idea's $3.6 billion rights issue to cause massive dilution

    The deal announced on Wednesday is the second major fundraising by an Indian telco this year after Bharti Airtel Ltd announced a similar plan to raise $4.6 billion for reducing debt and funding operations in a market blighted by steep price competition. The issue will increase the number of Vodafone Idea shares by 229 percent, diluting it to 28.74 billion outstanding shares. Promoters Vodafone Group PLC of Britain and India's Aditya Birla Group will also take part in the issue by subscribing to shares worth up to 110 billion rupees and 72.5 billion rupees, respectively, the company said.