Telefônica Brasil S.A. (NYSE:VIV) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Telefônica Brasil S.A. (NYSE:VIV - Get Free Report) have earned an average recommendation of "Hold" from the five research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $10.47.

A number of equities analysts have recently weighed in on the stock. The Goldman Sachs Group cut their price objective on shares of Telefônica Brasil from $10.60 to $9.20 and set a "buy" rating for the company in a research report on Thursday, December 19th. StockNews.com raised Telefônica Brasil from a "buy" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Barclays lifted their price objective on Telefônica Brasil from $11.50 to $11.80 and gave the company an "equal weight" rating in a research report on Monday, November 25th. Finally, New Street Research downgraded Telefônica Brasil from a "buy" rating to a "neutral" rating in a research report on Monday, December 9th.

Telefônica Brasil Price Performance

Shares of VIV stock traded up $0.10 during trading hours on Tuesday, hitting $8.84. The company's stock had a trading volume of 563,974 shares, compared to its average volume of 874,326. The company has a current ratio of 0.96, a quick ratio of 0.91 and a debt-to-equity ratio of 0.19. The business has a fifty day moving average of $8.16 and a 200-day moving average of $8.95. Telefônica Brasil has a twelve month low of $7.47 and a twelve month high of $11.43. The stock has a market cap of $14.60 billion, a price-to-earnings ratio of 14.02, a P/E/G ratio of 0.80 and a beta of 0.78.

Telefônica Brasil (NYSE:VIV - Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The Wireless communications provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Telefônica Brasil had a return on equity of 7.77% and a net margin of 9.78%. During the same quarter last year, the business posted $0.18 earnings per share. As a group, equities research analysts anticipate that Telefônica Brasil will post 0.6 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Telefônica Brasil by 67.8% in the fourth quarter. GAMMA Investing LLC now owns 3,818 shares of the Wireless communications provider's stock valued at $29,000 after acquiring an additional 1,543 shares during the period. Allworth Financial LP grew its holdings in shares of Telefônica Brasil by 86.4% during the 4th quarter. Allworth Financial LP now owns 4,169 shares of the Wireless communications provider's stock worth $31,000 after purchasing an additional 1,933 shares in the last quarter. R Squared Ltd acquired a new position in shares of Telefônica Brasil in the fourth quarter valued at $37,000. Blue Trust Inc. lifted its position in Telefônica Brasil by 87.5% in the third quarter. Blue Trust Inc. now owns 6,026 shares of the Wireless communications provider's stock worth $62,000 after purchasing an additional 2,812 shares during the period. Finally, DAVENPORT & Co LLC acquired a new stake in Telefônica Brasil during the fourth quarter worth $78,000. Institutional investors own 5.16% of the company's stock.

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.