Free Trial

Telefônica Brasil (NYSE:VIV) Sees Large Volume Increase - Time to Buy?

Telefônica Brasil logo with Utilities background

Telefônica Brasil S.A. (NYSE:VIV - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 2,220,834 shares traded hands during trading, an increase of 128% from the previous session's volume of 973,500 shares.The stock last traded at $10.23 and had previously closed at $10.26.

Wall Street Analysts Forecast Growth

VIV has been the subject of a number of recent research reports. The Goldman Sachs Group increased their price target on shares of Telefônica Brasil from $9.20 to $10.30 and gave the stock a "buy" rating in a research note on Wednesday, April 30th. Barclays upgraded shares of Telefônica Brasil from an "equal weight" rating to an "overweight" rating and decreased their price target for the stock from $23.60 to $23.00 in a research note on Monday, March 3rd. Wall Street Zen upgraded shares of Telefônica Brasil from a "hold" rating to a "buy" rating in a research report on Saturday, June 7th. Finally, Scotiabank cut their price objective on shares of Telefônica Brasil from $20.80 to $18.40 and set a "sector perform" rating for the company in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $17.23.

Check Out Our Latest Analysis on Telefônica Brasil

Telefônica Brasil Stock Performance

The company has a market cap of $17.60 billion, a PE ratio of 16.91, a P/E/G ratio of 0.84 and a beta of 0.72. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.91 and a current ratio of 0.96. The stock's 50-day simple moving average is $11.08 and its 200 day simple moving average is $14.92.

Telefônica Brasil (NYSE:VIV - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The Wireless communications provider reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by ($0.01). The firm had revenue of $2.53 billion for the quarter, compared to analysts' expectations of $14.41 billion. Telefônica Brasil had a return on equity of 7.77% and a net margin of 9.78%. As a group, equities analysts anticipate that Telefônica Brasil S.A. will post 0.6 EPS for the current year.

Telefônica Brasil Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 25th were issued a $0.043 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This is an increase from Telefônica Brasil's previous dividend of $0.02. Telefônica Brasil's dividend payout ratio (DPR) is currently 91.80%.

Hedge Funds Weigh In On Telefônica Brasil

A number of large investors have recently made changes to their positions in the stock. Modern Wealth Management LLC purchased a new position in shares of Telefônica Brasil in the 1st quarter valued at about $423,000. Rhumbline Advisers increased its holdings in shares of Telefônica Brasil by 337.7% in the 1st quarter. Rhumbline Advisers now owns 4,233 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 3,266 shares in the last quarter. Strs Ohio purchased a new position in shares of Telefônica Brasil in the 1st quarter valued at about $7,147,000. Ascent Group LLC purchased a new position in shares of Telefônica Brasil in the 1st quarter valued at about $158,000. Finally, Advisors Asset Management Inc. purchased a new position in shares of Telefônica Brasil in the 1st quarter valued at about $52,000. Hedge funds and other institutional investors own 5.16% of the company's stock.

Telefônica Brasil Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Telefonica Brasil Right Now?

Before you consider Telefonica Brasil, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telefonica Brasil wasn't on the list.

While Telefonica Brasil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA: Another 200% Growth Ahead? (PLUS 2 Companies Riding Along)
3 Rising Stocks You’ll Want on Your Watchlist
Trillions in Defense Spending—3 Disruptive Stocks Set to Double

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines