Telefônica Brasil (NYSE:VIV - Get Free Report) was upgraded by StockNews.com from a "buy" rating to a "strong-buy" rating in a research report issued to clients and investors on Monday.
Other equities research analysts have also issued research reports about the company. Barclays raised Telefônica Brasil from an "equal weight" rating to an "overweight" rating and dropped their price target for the stock from $23.60 to $23.00 in a research report on Monday, March 3rd. Scotiabank cut their price objective on Telefônica Brasil from $20.80 to $18.40 and set a "sector perform" rating for the company in a report on Thursday, February 27th. Finally, The Goldman Sachs Group increased their price objective on Telefônica Brasil from $9.20 to $10.30 and gave the company a "buy" rating in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Telefônica Brasil has a consensus rating of "Moderate Buy" and a consensus price target of $17.23.
View Our Latest Analysis on VIV
Telefônica Brasil Stock Performance
NYSE VIV traded down $0.33 during trading on Monday, hitting $9.57. The company's stock had a trading volume of 631,531 shares, compared to its average volume of 821,107. The company has a quick ratio of 0.91, a current ratio of 0.96 and a debt-to-equity ratio of 0.19. The firm has a 50 day moving average price of $14.35 and a 200 day moving average price of $16.12. The firm has a market cap of $15.82 billion, a P/E ratio of 15.19, a price-to-earnings-growth ratio of 0.84 and a beta of 0.73. Telefônica Brasil has a 52 week low of $7.47 and a 52 week high of $10.41.
Telefônica Brasil (NYSE:VIV - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The Wireless communications provider reported $0.11 EPS for the quarter, beating the consensus estimate of $0.08 by $0.03. Telefônica Brasil had a return on equity of 7.77% and a net margin of 9.78%. Equities research analysts forecast that Telefônica Brasil will post 0.6 earnings per share for the current fiscal year.
Institutional Trading of Telefônica Brasil
A number of large investors have recently modified their holdings of VIV. Invesco Ltd. lifted its holdings in shares of Telefônica Brasil by 36.4% in the 1st quarter. Invesco Ltd. now owns 1,445,527 shares of the Wireless communications provider's stock worth $12,605,000 after acquiring an additional 385,848 shares during the last quarter. R Squared Ltd lifted its holdings in shares of Telefônica Brasil by 120.9% in the 1st quarter. R Squared Ltd now owns 10,912 shares of the Wireless communications provider's stock worth $95,000 after acquiring an additional 5,972 shares during the last quarter. Wealthquest Corp bought a new stake in shares of Telefônica Brasil in the 1st quarter worth approximately $156,000. Natixis Advisors LLC lifted its holdings in shares of Telefônica Brasil by 65.2% in the 1st quarter. Natixis Advisors LLC now owns 146,356 shares of the Wireless communications provider's stock worth $1,276,000 after acquiring an additional 57,785 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of Telefônica Brasil by 45.6% in the 1st quarter. Federated Hermes Inc. now owns 612,915 shares of the Wireless communications provider's stock worth $5,345,000 after acquiring an additional 191,842 shares during the last quarter. Institutional investors own 5.16% of the company's stock.
About Telefônica Brasil
(
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Telefônica 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 Telefônica Brasil wasn't on the list.
While Telefônica Brasil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for May 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
