The stock of Telefonica Brasil S.A. (NYSE:VIV) decreased by -$0.06 on Friday to finish at $8.69, down -0.69 percent. The last five days have seen an average of 1,001,480 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $1.54. The average number of shares traded over the last 20 days was 1,215,320, while the average volume over the last 50 days totaled 1,590,860.
VIV stock appreciated 1.27% since last month. On 07/18/23, the company’s shares reached a one-month low of $8.33. The stock touched a high of $9.23 on 07/26/23, after rallying from a low of $6.38 in 52 weeks. The price of VIV stock has risen by 25.10% or $1.54 this year, reaching a new high 28 times. Still, the stock price is down -5.83% from the 52-week high.
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Valuation Metrics
Telefonica Brasil S.A. (VIV) has a trailing price-to-earnings (P/E) ratio of 15.66. Beta for the stock is 0.59. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.41, the price-to-book (PB) ratio of 1.03.
Company paid $0.0431 per share in dividends, a decrease of -82.17% from $0.2417 last year. A $0.1986 dividend decrease was reported on Monday July 31 2023.
Financial Health
For the three months ended June 29, Telefonica Brasil S.A.’s quick ratio was 0.80, while its current ratio was 0.90, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.18, and the total debt to equity ratio is 0.27. As far as profitability goes, gross margin for the trailing twelve months is 43.20% percent. Telefonica Brasil S.A.’s EBITDA margin for the year ended June 29 was 37.55%, whereas its operating margin stood at 14.40% for the same period. Based on annual data, it had gross profit of $1.28 billion and revenue of $9.31 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. VIV’s return on assets (ROA) during the last 12 months has been 3.70%. There was a 6.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 6.60%.
Earnings Surprise
According to Telefonica Brasil S.A.’s quarterly financial report for the quarter that ended June 29. It was predicted that Telefonica Brasil S.A.’s quarterly earnings would be $0.14, but it ended up being $0.1. EBITDA was $378.24 million for the quarter. At the end of Telefonica Brasil S.A.’s most recent quarter ended June 29, its liabilities totaled 10.39 billion, while its total debt was $18.38 billion.
Technical Picture
Here’s a quick look at Telefonica Brasil S.A.’s (VIV) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 43.71%, suggesting the stock is Neutral, with a 12.27% historical volatility rate.
The stochastic %K and %D were 11.71% and 21.34% respectively, while the average true range (ATR) was 0.18. Based on the 14-day stochastic reading of 6.35%, the RSI (14) reading is 46.94%. On the 9-day MACD Oscillator, the stock is at -0.07, and the 14-day reading is at -0.15.
Analyst Ratings
In its analyst report released on May 31, 2023, Goldman began covering Telefonica Brasil S.A. (NYSE: VIV). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Telefonica Brasil S.A. (VIV) an Overweight rating. VIV is a stock that is recommended for selling by 1 brokerage firm, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 8 others recommend it as a buy.
What is VIV’s price target for the next 12 months?
The current consensus forecast for the stock is between $7.92 and $12.08, with a median target price of $10.68. In analyzing these forecasts, the average price target given by analysts for Telefonica Brasil S.A. (VIV) is $10.40.
