Telefônica Brasil (VIV) to Release Quarterly Earnings on Tuesday

Telefônica Brasil (NYSE:VIV - Get Free Report) is anticipated to release its earnings data on Tuesday, February 18th. Analysts expect Telefônica Brasil to post earnings of $0.17 per share and revenue of $2.39 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Telefônica Brasil Trading Up 1.6 %

NYSE VIV traded up $0.15 during trading hours on Friday, hitting $9.39. 855,451 shares of the company's stock were exchanged, compared to its average volume of 853,655. The business's 50 day moving average is $8.23 and its 200-day moving average is $8.96. Telefônica Brasil has a 12-month low of $7.47 and a 12-month high of $11.43. The firm has a market capitalization of $15.51 billion, a P/E ratio of 14.90, a price-to-earnings-growth 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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group dropped 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. New Street Research downgraded Telefônica Brasil from a "buy" rating to a "neutral" rating in a research report on Monday, December 9th. Barclays upped their target price on Telefônica Brasil from $11.50 to $11.80 and gave the stock an "equal weight" rating in a research report on Monday, November 25th. Finally, StockNews.com raised Telefônica Brasil from a "buy" rating to a "strong-buy" rating in a research report on Thursday, January 9th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Telefônica Brasil presently has a consensus rating of "Moderate Buy" and a consensus price target 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.