Telefonica Brasil S.A., ADR (VIV) Stock Up 3.65%: Is It a Good Investment?

At the time of writing, Telefonica Brasil S.A., ADR [VIV] stock is trading at $11.35, up 3.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VIV shares have gain 5.68% over the last week, with a monthly amount glided 9.34%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On 22, February 2024, TELEFÔNICA BRASIL S.A. ANNOUNCES THE FILING OF ITS ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2023. In a post published today on Yahoo Finance, Telefônica Brasil S.A. (NYSE: VIV; B3: VIVT3.ON) (the “Company”) hereby announces that on February 22, 2024, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 (the “2023 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”). The 2023 Annual Report can be accessed by visiting either the SEC’s website at www.sec.gov or the Company’s website at ri.telefonica.com.br/en/. In addition, shareholders may receive a hard copy of the Company’s complete audited financial statements free of charge, by requesting a copy from:.

From an analyst’s perspective:

Telefonica Brasil S.A., ADR [NYSE: VIV] stock has seen the most recent analyst activity on January 05, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight. On May 31, 2023, Goldman initiated with a Buy rating and assigned a price target of $10 on the stock. Scotiabank downgraded its rating to a Sector Perform but stick to its price target of $11.50 on April 07, 2022.

For the past year, the stock price of Telefonica Brasil S.A., ADR fluctuated between $6.92 and $11.28. Telefonica Brasil S.A., ADR [NYSE: VIV] shares were valued at $11.35 at the most recent close of the market.

Analyzing the VIV fundamentals

According to Telefonica Brasil S.A., ADR [NYSE:VIV], the company’s sales were 10.44B for trailing twelve months, which represents an 13.39% jump. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.19 points at the first support level, and at 11.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.47, and for the 2nd resistance point, it is at 11.59.

Telefonica Brasil S.A., ADR [VIV] reported earnings per share of $0.2 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.16/share, meaning a difference of $0.04 and a surprise factor of 25.00%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.18 per share as compared to estimates of $0.14 per share, a difference of $0.04 representing a surprise of 28.60%.

Ratios To Look Out For

It is important to note that Telefonica Brasil S.A., ADR [NYSE:VIV] has a current ratio of 0.96. In addition, the Quick Ratio stands at 0.92 and the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 1.80, the price to book ratio is 1.31 and price to earnings (TTM) ratio is 18.60.

Related Posts