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Vedanta Limited is an other industrial metals & mining business based in the US. Vedanta shares (VEDL) are listed on the NYSE and all prices are listed in US Dollars. Vedanta employs 80,000 staff and has a market cap (total outstanding shares value) of USD$6.6 billion.
Since the stock market crash in March caused by coronavirus, Vedanta's share price has had significant negative movement.
Its last market close was USD$6.92, which is 12.96% down on its pre-crash value of USD$7.95 and 113.58% up on the lowest point reached during the March crash when the shares fell as low as USD$3.24.
If you had bought USD$1,000 worth of Vedanta shares at the start of February 2020, those shares would have been worth USD$450.06 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$897.52.
|Latest market close||USD$6.92|
|52-week range||USD$3.24 - USD$9.41|
|50-day moving average||USD$6.8344|
|200-day moving average||USD$5.3585|
|Wall St. target price||N/A|
|Dividend yield||USD$0.32 (4.42%)|
|Earnings per share (TTM)||USD$1.216|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-09-11)||N/A|
|1 month (2020-08-18)||N/A|
|3 months (2020-06-22)||19.93%|
|6 months (2020-03-20)||89.59%|
|1 year (2019-09-18)||N/A|
|2 years (2018-09-18)||N/A|
|3 years (2017-09-18)||N/A|
|5 years (2015-09-18)||N/A|
Valuing Vedanta stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Vedanta's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Vedanta's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Vedanta shares trade at around 5x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
|Gross profit TTM||USD$421.9 billion|
|Return on assets TTM||4.04%|
|Return on equity TTM||-6.36%|
|Market capitalisation||USD$6.6 billion|
TTM: trailing 12 months
There are currently 3.0 million Vedanta shares held short by investors – that's known as Vedanta's "short interest". This figure is 2.5% up from 2.9 million last month.
There are a few different ways that this level of interest in shorting Vedanta shares can be evaluated.
Vedanta's "short interest ratio" (SIR) is the quantity of Vedanta shares currently shorted divided by the average quantity of Vedanta shares traded daily (recently around 505224.70187394). Vedanta's SIR currently stands at 5.87. In other words for every 100,000 Vedanta shares traded daily on the market, roughly 5870 shares are currently held short.
However Vedanta's short interest can also be evaluated against the total number of Vedanta shares, or, against the total number of tradable Vedanta shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Vedanta's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Vedanta shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Vedanta shares, roughly 0 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Vedanta.
Find out more about how you can short Vedanta stock.
Dividend payout ratio: 10.65% of net profits
Recently Vedanta has paid out, on average, around 10.65% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Vedanta shareholders could enjoy a 4.42% return on their shares, in the form of dividend payments. In Vedanta's case, that would currently equate to about $0.32 per share.
While Vedanta's payout ratio might seem low, this can signify that Vedanta is investing more in its future growth.
Vedanta's most recent dividend payout was on 16 March 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 March 2020 (the "ex-dividend date").
Vedanta's shares were split on a 599:1000 basis on 9 September 2013. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 599 shares. This wouldn't directly have changed the overall worth of your Vedanta shares – just the quantity. However, indirectly, the new 66.9% higher share price could have impacted the market appetite for Vedanta shares which in turn could have impacted Vedanta's share price.
Over the last 12 months, Vedanta's shares have ranged in value from as little as $3.24 up to $9.41. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Vedanta's is 1.8247. This would suggest that Vedanta's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Vedanta Limited operates as a diversified natural resources company in India. The company explores for, develops, produces, processes, and sells zinc, lead, silver, oil and gas, aluminum, power, iron ore, steel, and copper. It also operates 1,980 megawatts (MW) thermal coal-based commercial power facilities; a 600 MW thermal coal-based commercial power facility in Jharsuguda; a 300MW thermal coal-based commercial power facility at BALCO; 274MW of wind power plants; and a 100 MW power plant. In addition, the company engages in the port business, including coal handling facilities and general cargo berth at the outer harbor of Visakhapatnam port. The company was incorporated in 1965 and is based in Mumbai, India.
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