Headlines about Telefonica Brasil (NYSE:VIV) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Telefonica Brasil earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the Wireless communications provider an impact score of 46.4164354262701 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of NYSE:VIV opened at $10.03 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.90 and a quick ratio of 0.88. The firm has a market capitalization of $16.70 billion, a P/E ratio of 11.80, a P/E/G ratio of 1.47 and a beta of 1.30. Telefonica Brasil has a 12-month low of $9.42 and a 12-month high of $17.33.
Telefonica Brasil (NYSE:VIV) last issued its quarterly earnings results on Thursday, July 26th. The Wireless communications provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). The company had revenue of $3.02 billion during the quarter. Telefonica Brasil had a return on equity of 9.70% and a net margin of 15.70%. equities research analysts predict that Telefonica Brasil will post 1.07 earnings per share for the current year.
A number of analysts recently issued reports on VIV shares. Morgan Stanley upgraded shares of Telefonica Brasil from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, June 13th. Scotiabank set a $14.00 price target on shares of Telefonica Brasil and gave the stock a “buy” rating in a research note on Tuesday, July 31st. Royal Bank of Canada restated a “hold” rating and issued a $12.50 price target on shares of Telefonica Brasil in a research note on Tuesday, July 31st. UBS Group lowered shares of Telefonica Brasil from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 22nd. Finally, JPMorgan Chase & Co. lowered shares of Telefonica Brasil from a “neutral” rating to an “underweight” rating in a research note on Monday, July 30th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $15.50.
About Telefonica Brasil
Telefônica Brasil SA provides mobile and fixed line telecommunications services to residential and corporate customers 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 and 4G, as well as mobile value-added services and wireless roaming services.
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