Telefonica Brasil (VIV) Getting Somewhat Positive News Coverage, Analysis Finds

Media headlines about Telefonica Brasil (NYSE:VIV) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Telefonica Brasil earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave headlines about the Wireless communications provider an impact score of 45.7632328060606 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

A number of research firms have recently weighed in on VIV. Zacks Investment Research lowered Telefonica Brasil from a “buy” rating to a “hold” rating in a research note on Wednesday, June 7th. Morgan Stanley reissued an “equal weight” rating and set a $15.00 price objective on shares of Telefonica Brasil in a research note on Monday, August 14th. Royal Bank Of Canada reissued a “hold” rating and set a $15.50 price objective on shares of Telefonica Brasil in a research note on Tuesday, May 16th. Finally, BidaskClub raised Telefonica Brasil from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Telefonica Brasil presently has an average rating of “Hold” and an average target price of $15.33.

Telefonica Brasil (NYSE:VIV) traded down 0.32% during mid-day trading on Friday, hitting $15.78. The stock had a trading volume of 1,021,034 shares. The stock’s 50-day moving average price is $15.18 and its 200-day moving average price is $14.62. The stock has a market cap of $26.65 billion, a price-to-earnings ratio of 20.96 and a beta of 1.35. Telefonica Brasil has a 12 month low of $11.95 and a 12 month high of $15.96.

Telefonica Brasil (NYSE:VIV) last posted its quarterly earnings data on Wednesday, July 26th. The Wireless communications provider reported $0.16 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.22 by $0.06. Telefonica Brasil had a net margin of 9.41% and a return on equity of 5.91%. The business had revenue of $3.33 billion for the quarter. On average, analysts predict that Telefonica Brasil will post $0.90 earnings per share for the current year.

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About Telefonica Brasil

Telefonica Brasil SA is a mobile telecommunications company in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband, Pay television, information technology and digital services.

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