At the last check on Thursday, Telefonica Brasil S.A.’s (NYSE:VIV) stock was down -$0.11, moving down -1.25 percent to $9.09. The average number of shares traded per day over the past five days has been 876,478 shares. 3 times new highs have been achieved over the past 5 days, with a $0.16 gain in that time frame. In the last twenty days, the average volume was 733,795, while in the previous 50 days, it was 997,348.
Since last month, VIV stock rose 6.66%. Shares of the company fell to $8.24 on 09/07/23, the lowest level in the past month. A 52-week high of $9.31 was reached on 09/19/23 after having rallying from a 52-week low of $6.36. Since the beginning of this year, VIV’s stock price has risen by 31.28% or $1.91, and marked a new high 29 times. However, the stock has declined by -2.36% since its 52-week high.
Valuation Metrics
Right now, Telefonica Brasil S.A. (VIV) has a P/E ratio of about 16.28. The stock’s beta is 0.57. Besides these, the trailing price-to-sales (P/S) ratio of 1.47, the price-to-book (PB) ratio of 1.07.
The latest dividend of $0.0273 per share was paid out, which is -36.66% less than last year’s $0.0431. On Wednesday August 23 2023, a $0.0159 dividend decrease was announced.
Financial Health
In the three months ended June 29, Telefonica Brasil S.A.’s quick ratio stood at 0.80, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.18, and the total debt-to-equity ratio was 0.27. On the profitability front, the trailing twelve-month gross margin is 43.20% percent. In the year ended June 29, EBITDA margin amounted to 37.55%, whereas operating margins totaled 14.40%. Based on annual data, VIV earned $1.28 billion in gross profit and brought in $9.31 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.60%. Return on equity (ROE) for the past 12 months was 6.60%.
While analysts expected Telefonica Brasil S.A. to report $0.1 quarterly earnings, the actual figure was $0.14 per share. During the quarter, the company generated $378.24 million in EBITDA. The liabilities of Telefonica Brasil S.A. were 10.39 billion at the end of its most recent quarter ended June 29, and its total debt was $18.38 billion.
Technical Picture
This quick technical analysis looks at Telefonica Brasil S.A.’s (VIV) price momentum. With a historical volatility rate of 20.21%, the RSI 9-day stood at 64.97% on 20 September.
With respect to its five-day moving average, the current Telefonica Brasil S.A. price is up by +1.85% percent or $0.16. At present, VIV shares trade +4.68% above its 20-day simple moving average and +10.95% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.65% above its SMA50 and +20.71% above its SMA200.
Stochastic coefficient K was 84.35% and Stochastic coefficient D was 86.93%, while ATR was 0.19. Given the Stochastic reading of 77.46% for the 14-day period, the RSI (14) reading has been calculated as 61.69%. As of today, the MACD Oscillator reading stands at 0.22, while the 14-day reading stands at 0.41.
Analyst Ratings
Goldman launched its rating on Telefonica Brasil S.A. (NYSE: VIV) to a Buy in a note to investors on May 31, 2023. Telefonica Brasil S.A. (VIV) has been rated Overweight by analysts. According to 1 brokerage firm, VIV is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Telefonica Brasil S.A. stock as buy, with 6 recommending it as overweight.
With a median target price of $10.79, the current consensus forecast for the stock is $8.21 – $11.50. Based on these forecasts, analysts predict Telefonica Brasil S.A. (VIV) will achieve an average price target of $10.25.
