News headlines about Telefonica Brasil (NYSE:VIV) have trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Telefonica Brasil earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news headlines about the Wireless communications provider an impact score of 46.4877535841269 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “hold” rating and set a $15.50 price objective on shares of Telefonica Brasil in a research note on Tuesday, May 16th. BidaskClub raised shares of Telefonica Brasil from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research raised shares of Telefonica Brasil from a “sell” rating to a “hold” rating and set a $17.00 price objective on the stock in a research note on Thursday, April 20th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $15.50.
Telefonica Brasil (NYSE:VIV) opened at 15.26 on Thursday. The company has a market cap of $25.77 billion, a price-to-earnings ratio of 20.88 and a beta of 1.34. The company’s 50-day moving average is $14.14 and its 200 day moving average is $14.55. Telefonica Brasil has a 1-year low of $11.95 and a 1-year high of $15.69.
Telefonica Brasil (NYSE:VIV) last announced its earnings results on Wednesday, July 26th. The Wireless communications provider reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.06. Telefonica Brasil had a net margin of 9.41% and a return on equity of 5.91%. The company had revenue of $3.33 billion during the quarter. On average, equities analysts predict that Telefonica Brasil will post $0.92 EPS for the current fiscal year.
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Telefonica Brasil Company Profile
Telefonica Brasil SA is a mobile telecommunications company in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband, Pay television, information technology and digital services.
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