Telefonica Brasil S.A., ADR (NYSE: VIV) is -8.24% lower on its value in year-to-date trading and has touched a low of $7.91 and a high of $10.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The VIV stock was last observed hovering at around $9.60 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $9.64, the stock is -2.36% and -0.46% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing 0.42% at the moment leaves the stock 2.53% off its SMA200. VIV registered 11.65% gain for a year compared to 6-month gain of 6.11%. The firm has a 50-day simple moving average (SMA 50) of $9.696 and a 200-day simple moving average (SMA200) of $9.5954.
The stock witnessed a -5.58% loss in the last 1 month and extending the period to 3 months gives it a 12.15%, and is -0.21% 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 1.94% over the week and 1.64% over the month.
Current P/E ratio is 15.34 and Fwd P/E is 12.94. Profit margin for the company is 9.65%. Distance from 52-week low is 21.87% and -12.18% from its 52-week high. The company has generated returns on investments over the last 12 months (6.92%).
Telefonica Brasil S.A., ADR quarterly earnings per share for the current quarter are estimated at 0.16 with sales reaching $2.52B over the same period.The EPS is expected to shrink by -1.00% this year, but quarterly earnings will post -0.80% year-over-year. Quarterly sales are estimated to shrink -5.90% in year-over-year returns.
The shares outstanding are 1.65B, and float is at 1.65B with Short Float at 0.07%.
The top institutional shareholder in the company is ARTISAN PARTNERS LIMITED PARTNERSHIP with over 21.48 million shares valued at $176.34 million. The investor’s holdings represent 1.3012 of the VIV Shares outstanding. As of 2024-06-30, the second largest holder is ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. with 14.62 million shares valued at $120.04 million to account for 0.8857 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 7.22 million shares representing 0.4373 and valued at over $59.27 million, while MACQUARIE GROUP LTD holds 0.1995 of the shares totaling 3.29 million with a market value of $27.04 million.
