Telefonica (TEF) Set to Announce Earnings on Thursday

Telefonica (NYSE:TEF) is set to release its earnings data before the market opens on Thursday, February 22nd. Analysts expect Telefonica to post earnings of $0.29 per share for the quarter.

Telefonica (NYSE:TEF) opened at $9.33 on Thursday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.62 and a current ratio of 0.67. Telefonica has a 1 year low of $8.99 and a 1 year high of $11.64. The firm has a market cap of $47,800.00, a price-to-earnings ratio of 18.29 and a beta of 1.27.

A number of research firms have weighed in on TEF. Zacks Investment Research upgraded shares of Telefonica from a “sell” rating to a “hold” rating in a research report on Tuesday. Jefferies Group raised shares of Telefonica from an “underperform” rating to a “hold” rating in a research note on Friday, February 9th. ValuEngine lowered shares of Telefonica from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. DZ Bank reissued a “neutral” rating on shares of Telefonica in a research note on Wednesday, January 24th. Finally, Barclays raised shares of Telefonica from an “underweight” rating to an “equal weight” rating in a research note on Friday, October 20th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $11.70.

ILLEGAL ACTIVITY WARNING: This piece was originally published by American Banking News and is the property of of American Banking News. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.americanbankingnews.com/2018/02/15/telefonica-tef-set-to-announce-earnings-on-thursday.html.

Telefonica Company Profile

Telefonica, SA is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. Its segments include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica United Kingdom and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay).

Earnings History for Telefonica (NYSE:TEF)

Receive News & Ratings for Telefonica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telefonica and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply