Vodafone Group (VOD) Receiving Somewhat Favorable News Coverage, Report Finds

Media headlines about Vodafone Group (NASDAQ:VOD) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vodafone Group earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned press coverage about the cell phone carrier an impact score of 44.9779494683901 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

A number of analysts recently weighed in on the company. BidaskClub downgraded Vodafone Group from a “hold” rating to a “sell” rating in a report on Monday, May 14th. Zacks Investment Research upgraded Vodafone Group from a “strong sell” rating to a “hold” rating in a report on Saturday, May 19th. ValuEngine upgraded Vodafone Group from a “hold” rating to a “buy” rating in a report on Thursday, March 15th. Citigroup upgraded Vodafone Group from a “neutral” rating to a “buy” rating in a report on Wednesday, April 4th. Finally, Bank of America restated a “buy” rating on shares of Vodafone Group in a report on Wednesday, May 16th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $31.71.

Shares of Vodafone Group opened at $24.56 on Wednesday, Marketbeat Ratings reports. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.97 and a quick ratio of 0.96. Vodafone Group has a 1-year low of $24.04 and a 1-year high of $32.75. The stock has a market cap of $64.85 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 1.31 and a beta of 0.81.

The firm also recently declared a semiannual dividend, which will be paid on Friday, August 3rd. Shareholders of record on Friday, June 8th will be issued a dividend of $1.2237 per share. This is an increase from Vodafone Group’s previous semiannual dividend of $0.56. This represents a yield of 9.2%. The ex-dividend date of this dividend is Thursday, June 7th. Vodafone Group’s dividend payout ratio (DPR) is presently 177.21%.

Vodafone Group Company Profile

Vodafone Group Plc engages in telecommunication services in Europe, Africa, the Middle East, and the Asia Pacific. The company's consumer products include mobile services, such as call, text, and data; broadband; television offerings and voice; mobile money services through M-pesa; Giga TV, an advanced digital service; and converged communication solutions, such as GigaKombi, Vodafone One Net Enterprise, Vodafone One, and Vodafone Meet Anywhere.

Insider Buying and Selling by Quarter for Vodafone Group (NASDAQ:VOD)

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