Telefonica Brasil (VIV) Set to Announce Quarterly Earnings on Thursday
Telefonica Brasil (NYSE:VIV) is set to announce its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.25 per share for the quarter.
Telefonica Brasil (NYSE:VIV) opened at $16.45 on Thursday. Telefonica Brasil has a twelve month low of $13.06 and a twelve month high of $17.33. The firm has a market capitalization of $27,373.73, a price-to-earnings ratio of 20.56, a P/E/G ratio of 1.17 and a beta of 1.42. The company has a current ratio of 0.96, a quick ratio of 0.94 and a debt-to-equity ratio of 0.07.
A number of research analysts recently weighed in on VIV shares. Barclays upped their price objective on Telefonica Brasil from $17.00 to $17.50 and gave the stock an “overweight” rating in a report on Thursday, October 26th. Royal Bank of Canada reaffirmed a “hold” rating and set a $15.60 price objective on shares of Telefonica Brasil in a report on Thursday, November 2nd. Santander lowered Telefonica Brasil from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. Zacks Investment Research raised Telefonica Brasil from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Saturday, January 13th. Finally, Credit Suisse Group lowered Telefonica Brasil from an “outperform” rating to a “neutral” rating in a report on Friday, January 19th. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $16.53.
Telefonica Brasil SA is a mobile telecommunications company in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband, Pay television, information technology and digital services.
Receive News & Ratings for Telefonica Brasil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica Brasil and related companies with MarketBeat.com's FREE daily email newsletter.