Telefonica Brasil S.A. (NYSE: VIV) is 18.79% higher on its value in year-to-date trading and has touched a low of $6.45 and a high of $10.72 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The VIV stock was last observed hovering at around $8.24 in the last trading session, with the day’s gains setting it 0.1% off its average median price target of $9.64 for the next 12 months. It is also 24.86% off the consensus price target high of $11.10 offered by 14 analysts, but current levels are -5.3% lower than the price target low of $7.92 for the same period.
Currently trading at $8.34, the stock is 0.84% and 5.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.08 million and changing 1.21% at the moment leaves the stock 8.76% off its SMA200. VIV registered -20.42% loss for a year compared to 6-month gain of 17.31%. The firm has a 50-day simple moving average (SMA 50) of $0.35 and a 200-day simple moving average (SMA200) of $0.85.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
The stock witnessed a 5.57% loss in the last 1 month and extending the period to 3 months gives it a 11.43%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.65% over the week and 1.97% over the month.
Telefonica Brasil S.A. (VIV) has around 33000 employees, a market worth around $14.01B and $9.95B in sales. Current P/E ratio is 16.58 and Fwd P/E is 11.12. Profit margin for the company is 8.40%. Distance from 52-week low is 29.28% and -22.23% from its 52-week high. The company has generated returns on investments over the last 12 months (6.60%).
Telefonica Brasil S.A. (VIV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Telefonica Brasil S.A. (VIV) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 2.40, where 5 rate it as a Hold and 0 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Telefonica Brasil S.A. is expected to release its quarterly report on 07/26/2023.The EPS is expected to shrink by -34.20% this year
Telefonica Brasil S.A. (VIV) Top Institutional Holders
The shares outstanding are 1.66B, and float is at 426.41M with Short Float at 0.93%.