Telefônica Brasil (VIV) to Release Quarterly Earnings on Tuesday

Telefônica Brasil (NYSE:VIV - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 7th. Investors interested in registering for the company's conference call can do so using this link.

Telefônica Brasil (NYSE:VIV - Get Free Report) last released its quarterly earnings data on Tuesday, February 20th. The Wireless communications provider reported $0.20 EPS for the quarter. The company had revenue of $2.73 billion during the quarter. Telefônica Brasil had a net margin of 9.70% and a return on equity of 7.33%. On average, analysts expect Telefônica Brasil to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Telefônica Brasil Price Performance

Shares of Telefônica Brasil stock traded down $0.15 during mid-day trading on Tuesday, reaching $9.24. 1,609,450 shares of the stock were exchanged, compared to its average volume of 847,964. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 0.73 and a beta of 0.75. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.20. The firm has a 50-day simple moving average of $10.18 and a 200 day simple moving average of $10.26. Telefônica Brasil has a fifty-two week low of $7.87 and a fifty-two week high of $11.43.

Telefônica Brasil Cuts Dividend

The company also recently announced a -- dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, January 1st will be given a dividend of $0.0373 per share. This represents a dividend yield of 4.7%. The ex-dividend date is Tuesday, April 30th. Telefônica Brasil's dividend payout ratio (DPR) is currently 41.94%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on VIV shares. Barclays dropped their target price on shares of Telefônica Brasil from $13.50 to $13.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 23rd. Morgan Stanley reiterated an "equal weight" rating and set a $11.00 target price on shares of Telefônica Brasil in a research report on Friday, January 5th. Finally, StockNews.com upgraded shares of Telefônica Brasil from a "buy" rating to a "strong-buy" rating in a research report on Tuesday, February 20th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $11.60.

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.