VIV Stock Summary and Trading Ideas (Telefonica Brasil S.A. American Depositary Shares (Each Representing One Common Share) | NYSE:VIV)

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 99 million customers, which is equal to about 40% market share. The firm is strongest in the postpaid business, where it has 62 million customers, or about 42% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6.6 million households on this network. The firm also sells pay-tv and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 8% of total revenue.

Telefonica Brasil S.A. American Depositary Shares (Each Representing One Common Share) trades on the NYSE stock market under the symbol VIV.

As of May 13, 2024, VIV stock price climbed to $8.93 with 70,024 million shares trading.

VIV has a beta of 0.61, meaning it tends to be less sensitive to market movements. VIV has a correlation of 0.09 to the broad based SPY ETF.

VIV has a market cap of $14.76 billion. This is considered a Large Cap stock.

Last quarter Telefonica Brasil S.A. American Depositary Shares (Each Representing One Common Share) reported $3 billion in Revenue and $.11 earnings per share. This beat revenue expectation by $167 million and met earnings estimates .

In the last 3 years, VIV stock traded as high as $11.78 and as low as $6.49.

The top ETF exchange traded funds that VIV belongs to (by Net Assets): ILF, VXUS, VEU, NXTG, ECOW.

VIV has underperformed the market in the last year with a price return of +11.5% while the SPY ETF gained +28.0%. VIV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -16.1% and -4.6%, respectively, while the SPY returned +4.4% and +2.6%, respectively.

VIV support price is $8.60 and resistance is $8.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VIV stock will trade within this expected range on the day.