Telefônica Brasil (VIV) to Release Earnings on Tuesday

Telefônica Brasil (NYSE:VIV) is expected to be releasing its earnings data on Tuesday, February 18th. Analysts expect Telefônica Brasil to post earnings of $0.17 per share and revenue of $2.39 billion for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Telefônica Brasil Stock Down 0.4 %

VIV stock opened at $8.72 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. Telefônica Brasil has a 52 week low of $7.47 and a 52 week high of $11.43. The stock has a market capitalization of $14.40 billion, a PE ratio of 13.83, a price-to-earnings-growth ratio of 0.82 and a beta of 0.79. The firm has a 50 day moving average of $8.18 and a 200 day moving average of $8.95.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VIV. New Street Research lowered shares of Telefônica Brasil from a “buy” rating to a “neutral” rating in a report on Monday, December 9th. StockNews.com raised Telefônica Brasil from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 9th. The Goldman Sachs Group decreased their target price on Telefônica Brasil from $10.60 to $9.20 and set a “buy” rating for the company in a report on Thursday, December 19th. Finally, Barclays raised their price target on shares of Telefônica Brasil from $11.50 to $11.80 and gave the stock an “equal weight” rating in a research report on Monday, November 25th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $10.47.

About Telefônica Brasil

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.