Recent Research Analysts’ Ratings Changes for Telefônica Brasil (VIV)

Several brokerages have updated their recommendations and price targets on shares of Telefônica Brasil (NYSE: VIV) in the last few weeks:

• 12/3/2024 – Telefônica Brasil was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 11/25/2024 – Telefônica Brasil had its price target raised by analysts at Barclays PLC from $11.50 to $11.80. They now have an “equal weight” rating on the stock.
• 11/25/2024 – Telefônica Brasil was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 11/14/2024 – Telefônica Brasil was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 11/6/2024 – Telefônica Brasil was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 10/21/2024 – Telefônica Brasil was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.

Telefônica Brasil Price Performance

VIV opened at $8.41 on Wednesday. The firm has a market cap of $13.99 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 0.79 and a beta of 0.78. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.91. The stock’s 50 day simple moving average is $9.31 and its 200 day simple moving average is $9.08. Telefônica Brasil S.A. has a 1 year low of $8.01 and a 1 year high of $11.43.

Telefônica Brasil (NYSE:VIV) last issued its quarterly earnings data on Tuesday, November 5th. The Wireless communications provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03. The business had revenue of $2.53 billion during the quarter, compared to analyst estimates of $2.52 billion. Telefônica Brasil had a net margin of 9.78% and a return on equity of 7.77%. During the same period in the prior year, the business earned $0.18 EPS. As a group, analysts predict that Telefônica Brasil S.A. will post 0.63 earnings per share for the current year.

Institutional Investors Weigh In On Telefônica Brasil

A number of hedge funds and other institutional investors have recently bought and sold shares of VIV. Brandes Investment Partners LP grew its stake in shares of Telefônica Brasil by 14.3% in the second quarter. Brandes Investment Partners LP now owns 2,206,334 shares of the Wireless communications provider’s stock worth $18,261,000 after acquiring an additional 275,569 shares during the period. Renaissance Technologies LLC increased its stake in Telefônica Brasil by 12.1% in the 2nd quarter. Renaissance Technologies LLC now owns 1,828,800 shares of the Wireless communications provider’s stock worth $15,014,000 after buying an additional 197,500 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Telefônica Brasil by 6.3% in the first quarter. Vanguard Group Inc. now owns 1,222,562 shares of the Wireless communications provider’s stock worth $12,311,000 after acquiring an additional 72,388 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Telefônica Brasil by 49.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,171,789 shares of the Wireless communications provider’s stock worth $12,034,000 after purchasing an additional 385,207 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Telefônica Brasil by 12.9% during the second quarter. Sei Investments Co. now owns 710,107 shares of the Wireless communications provider’s stock valued at $5,830,000 after acquiring an additional 81,229 shares in the last quarter. Hedge funds and other institutional investors own 5.16% of the company’s stock.

Telefônica Brasil SA, together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services.