Shares of Telefónica, S.A. (NYSE:TEF – Get Free Report) have received a consensus recommendation of “Reduce” from the five research firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company.
A number of equities research analysts have recently issued reports on the stock. New Street Research cut shares of Telefónica from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 5th. Hsbc Global Res raised Telefónica to a “hold” rating in a research note on Wednesday, October 2nd. Bank of America lowered Telefónica from a “buy” rating to a “neutral” rating in a research report on Friday, August 2nd. StockNews.com downgraded Telefónica from a “buy” rating to a “hold” rating in a research report on Saturday, October 12th. Finally, HSBC upgraded shares of Telefónica from a “reduce” rating to a “hold” rating in a report on Wednesday, October 2nd.
Read Our Latest Stock Report on TEF
Institutional Investors Weigh In On Telefónica
Telefónica Price Performance
TEF opened at $4.63 on Tuesday. The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $26.25 billion, a P/E ratio of -28.94 and a beta of 0.67. The stock has a 50-day moving average price of $4.73 and a 200-day moving average price of $4.53. Telefónica has a 12-month low of $3.75 and a 12-month high of $4.93.
Telefónica (NYSE:TEF – Get Free Report) last issued its earnings results on Wednesday, July 31st. The utilities provider reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.03. The business had revenue of $11.04 billion during the quarter, compared to analyst estimates of $10.85 billion. Telefónica had a positive return on equity of 9.18% and a negative net margin of 1.62%. Equities analysts predict that Telefónica will post 0.33 earnings per share for the current fiscal year.
About Telefónica
Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.
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