Telefonica Brasil (VIV) Set to Announce Quarterly Earnings on Thursday

Telefonica Brasil (NYSE:VIV) is set to announce its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.25 per share for the quarter.

Telefonica Brasil (NYSE:VIV) opened at $16.45 on Thursday. The stock has a market capitalization of $27,373.73, a P/E ratio of 20.56, a PEG ratio of 1.17 and a beta of 1.42. The company has a quick ratio of 0.94, a current ratio of 0.96 and a debt-to-equity ratio of 0.07. Telefonica Brasil has a twelve month low of $13.06 and a twelve month high of $17.33.

A number of research analysts have recently issued reports on VIV shares. Barclays boosted their target price on Telefonica Brasil from $17.00 to $17.50 and gave the company an “overweight” rating in a report on Thursday, October 26th. Royal Bank of Canada reissued a “hold” rating and issued a $15.60 target price on shares of Telefonica Brasil in a report on Thursday, November 2nd. Santander lowered Telefonica Brasil from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. Zacks Investment Research raised Telefonica Brasil from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Saturday, January 13th. Finally, Credit Suisse Group lowered Telefonica Brasil from an “outperform” rating to a “neutral” rating in a report on Friday, January 19th. Five 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 stock. The company has an average rating of “Hold” and a consensus price target of $16.53.

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About Telefonica Brasil

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.

Earnings History for Telefonica Brasil (NYSE:VIV)

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