Telefônica Brasil (VIV) to Release Earnings on Tuesday

Telefônica Brasil (NYSE:VIV) is anticipated to issue its quarterly earnings data on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $2.39 billion for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Telefônica Brasil Stock Performance

Shares of VIV stock opened at $9.39 on Monday. The firm has a market cap of $15.51 billion, a price-to-earnings ratio of 14.90, a P/E/G ratio of 0.82 and a beta of 0.79. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.91 and a current ratio of 0.96. Telefônica Brasil has a 52 week low of $7.47 and a 52 week high of $11.43. The firm’s 50-day simple moving average is $8.24 and its two-hundred day simple moving average is $8.97.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VIV. The Goldman Sachs Group lowered their price target on shares of Telefônica Brasil from $10.60 to $9.20 and set a “buy” rating on the stock in a research report on Thursday, December 19th. Barclays boosted their price objective on shares of Telefônica Brasil from $11.50 to $11.80 and gave the company an “equal weight” rating in a research note on Monday, November 25th. New Street Research cut shares of Telefônica Brasil from a “buy” rating to a “neutral” rating in a research note on Monday, December 9th. Finally, StockNews.com raised shares of Telefônica Brasil from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 9th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Telefônica Brasil has a consensus rating of “Moderate Buy” and a consensus target price 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.