Telefônica Brasil (VIV) Set to Announce Quarterly Earnings on Tuesday

Telefônica Brasil (NYSE:VIV) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 5th. Analysts expect Telefônica Brasil to post earnings of $0.15 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Telefônica Brasil Price Performance

VIV opened at $8.95 on Monday. The company has a fifty day moving average price of $9.67 and a two-hundred day moving average price of $9.14. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.98 and a current ratio of 1.03. Telefônica Brasil has a 52 week low of $8.02 and a 52 week high of $11.43. The firm has a market capitalization of $14.89 billion, a PE ratio of 14.21, a P/E/G ratio of 0.90 and a beta of 0.81.

Telefônica Brasil Cuts Dividend

The firm also recently announced a — dividend, which was paid on Tuesday, August 27th. Shareholders of record on Tuesday, August 27th were issued a dividend of $0.0379 per share. This represents a yield of 3.2%. The ex-dividend date of this dividend was Tuesday, August 27th. Telefônica Brasil’s dividend payout ratio is presently 42.86%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Telefônica Brasil from $11.00 to $11.50 and gave the company an “equal weight” rating in a report on Thursday, August 1st. Morgan Stanley raised shares of Telefônica Brasil from an “equal weight” rating to an “overweight” rating in a report on Thursday, July 11th. StockNews.com lowered shares of Telefônica Brasil from a “strong-buy” rating to a “buy” rating in a report on Monday, October 21st. Finally, Scotiabank boosted their price target on shares of Telefônica Brasil from $9.20 to $10.40 and gave the company a “sector perform” rating in a report on Friday, September 20th. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Telefônica Brasil has an average rating of “Moderate Buy” and a consensus target price of $10.97.

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.