Telefonica Brasil S.A. (NYSE:VIV – Get Free Report) has received an average rating of “Reduce” from the eleven ratings firms that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $14.16.
VIV has been the topic of several research reports. New Street Research upgraded shares of Telefonica Brasil from a “neutral” rating to a “buy” rating in a report on Tuesday, April 7th. The Goldman Sachs Group initiated coverage on Telefonica Brasil in a research report on Monday, May 18th. They issued a “sell” rating and a $13.90 target price for the company. Zacks Research downgraded Telefonica Brasil from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Bradesco Corretora cut Telefonica Brasil to a “neutral” rating in a research note on Tuesday, April 28th. Finally, Barclays set a $15.50 price objective on Telefonica Brasil and gave the company an “equal weight” rating in a report on Thursday, July 16th.
Check Out Our Latest Analysis on VIV
Institutional Investors Weigh In On Telefonica Brasil
Telefonica Brasil Price Performance
Telefonica Brasil stock opened at $13.69 on Friday. The stock has a market capitalization of $22.26 billion, a price-to-earnings ratio of 18.50, a PEG ratio of 0.74 and a beta of 0.56. Telefonica Brasil has a 52-week low of $10.82 and a 52-week high of $17.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.03 and a current ratio of 1.10. The stock’s 50 day moving average price is $13.41 and its two-hundred day moving average price is $14.54.
Telefonica Brasil (NYSE:VIV – Get Free Report) last released its earnings results on Thursday, May 7th. The Wireless communications provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.02). The company had revenue of $2.98 billion for the quarter, compared to analyst estimates of $2.98 billion. Telefonica Brasil had a net margin of 10.49% and a return on equity of 9.32%. On average, equities analysts predict that Telefonica Brasil will post 0.97 earnings per share for the current year.
Telefonica Brasil Announces Dividend
The firm also recently declared a dividend, which was paid on Tuesday, July 21st. Shareholders of record on Friday, May 22nd were paid a dividend of $0.4562 per share. The ex-dividend date was Friday, May 22nd. Telefonica Brasil’s payout ratio is 37.84%.
About Telefonica Brasil
Telefônica Brasil SA, commonly marketed under the Vivo brand, is one of Brazil’s largest telecommunications providers, offering a broad range of consumer and enterprise communications services. The company’s core activities include mobile voice and data services, fixed-line telephony, broadband internet (including fiber-to-the-home), and pay-TV solutions. It also provides ICT and managed services for business customers, such as cloud, data center, connectivity, Internet of Things (IoT) and security solutions.
Vivo operates a nationwide network across Brazil and serves both individual consumers and corporate clients.
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