Telefônica Brasil, a leading telecommunications company in Brazil, has been experiencing a period of significant growth and expansion. The company’s strong financial performance, coupled with its strategic initiatives, has positioned it for continued success in the future. Telefônica Brasil’s financial performance has been impressive, with revenue growth exceeding expectations. The company has been investing heavily in its network infrastructure, expanding its customer base, and developing new products and services.
Get Telefônica Brasil alerts: Read Our Latest Analysis on VIV Telefônica Brasil Stock Performance NYSE:VIV opened at $9.67 on Monday. The stock’s 50-day simple moving average is $9.09 and its 200 day simple moving average is $9.29. Telefônica Brasil has a twelve month low of $8.02 and a twelve month high of $11.43. The firm has a market capitalization of $16.08 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 0.97 and a beta of 0.79. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 0.21. Telefônica Brasil (NYSE:VIV – Get Free Report) last issued its earnings results on Monday, July 29th. The Wireless communications provider reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. The business had revenue of $2.62 billion during the quarter, compared to the consensus estimate of $2.51 billion. Telefônica Brasil had a return on equity of 7.53% and a net margin of 9.65%. During the same period in the previous year, the company posted $0.14 earnings per share. On average, analysts anticipate that Telefônica Brasil will post 0.61 EPS for the current fiscal year.
Telefônica Brasil Cuts Dividend The company also recently disclosed a — dividend, which was paid on Tuesday, August 27th. Investors of record on Tuesday, August 27th were issued a $0.0379 dividend. This represents a dividend yield of 3.2%. The ex-dividend date of this dividend was Tuesday, August 27th. Telefônica Brasil’s payout ratio is currently 49.21%. Institutional Trading of Telefônica Brasil Several hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. lifted its position in shares of Telefônica Brasil by 2,821.8% in the second quarter. Blue Trust Inc. now owns 3,214 shares of the Wireless communications provider’s stock worth $26,000 after buying an additional 3,104 shares in the last quarter. QRG Capital Management Inc. purchased a new stake in Telefônica Brasil during the second quarter worth $83,000. Arkfeld Wealth Strategies L.L.C. purchased a new stake in Telefônica Brasil during the second quarter worth $85,000. B. Riley Wealth Advisors Inc. purchased a new stake in Telefônica Brasil during the first quarter worth $123,000. Finally, Personal CFO Solutions LLC purchased a new stake in Telefônica Brasil during the fourth quarter worth $136,000. Institutional investors own 5.16% of the company’s stock.
Telefônica Brasil Company Profile (Get Free Report) Telefônica Brasil SA, together with its subsidiaries, operates as a mobile telecommunications company 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, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services. See Also Receive News & Ratings for Telefônica Brasil Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Telefônica Brasil and related companies with MarketBeat.com’s FREE daily email newsletter.
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