Telefônica Brasil (VIV) Scheduled to Post Earnings on Tuesday

Telefônica Brasil (NYSE:VIV) will be issuing its quarterly earnings data after the market closes on Tuesday, May 7th. Parties that wish to register for the company’s conference call can do so using this link.

Telefônica Brasil (NYSE:VIV) last posted its quarterly earnings data on Tuesday, February 20th. The Wireless communications provider reported $0.20 EPS for the quarter. The business had revenue of $2.73 billion during the quarter. Telefônica Brasil had a return on equity of 7.33% and a net margin of 9.70%. 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 NYSE:VIV traded down $0.16 during trading on Tuesday, reaching $9.23. The stock had a trading volume of 726,985 shares, compared to its average volume of 836,871. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.92 and a current ratio of 0.96. The business has a fifty day moving average price of $10.18 and a 200-day moving average price of $10.26. The stock has a market cap of $15.35 billion, a PE ratio of 15.21, a PEG ratio of 0.73 and a beta of 0.75. Telefônica Brasil has a 1-year low of $7.87 and a 1-year high of $11.43.

Telefônica Brasil Cuts Dividend

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

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Morgan Stanley reissued an “equal weight” rating and set a $11.00 price objective on shares of Telefônica Brasil in a research note on Friday, January 5th. StockNews.com raised Telefônica Brasil from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 20th. Finally, Barclays lowered their price objective on Telefônica Brasil from $13.50 to $13.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 23rd. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.