Telefonica SA (NYSE:TEF) Receives $4.02 Average Target Price from Brokerages

Telefonica SA (NYSE:TEF) has been assigned an average rating of “Strong Sell” from the nine research firms that are covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $4.0150.

A number of research analysts recently issued reports on TEF shares. Weiss Ratings restated a “sell (d)” rating on shares of Telefonica in a research report on Monday, December 29th. BNP Paribas Exane raised Telefonica to a “strong sell” rating in a research note on Tuesday, October 21st. Bank of America restated an “underperform” rating and set a $3.83 price target on shares of Telefonica in a research report on Thursday, December 4th. Citigroup downgraded Telefonica to a “neutral” rating in a research note on Monday, December 1st. Finally, Kepler Capital Markets upgraded shares of Telefonica from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th.

Institutional Trading of Telefonica

Institutional investors and hedge funds have recently bought and sold shares of the business. Keybank National Association OH purchased a new stake in Telefonica during the 4th quarter worth about $61,000. Carrera Capital Advisors boosted its holdings in shares of Telefonica by 6.6% in the 4th quarter. Carrera Capital Advisors now owns 1,138,086 shares of the utilities provider’s stock valued at $4,806,000 after buying an additional 69,996 shares in the last quarter. Vest Financial LLC boosted its stake in Telefonica by 89.5% in the fourth quarter. Vest Financial LLC now owns 62,951 shares of the utilities provider’s stock valued at $255,000 after acquiring an additional 29,736 shares in the last quarter. Tranquilli Financial Advisor LLC purchased a new position in Telefonica during the 4th quarter worth approximately $43,000. Finally, Assetmark Inc. increased its holdings in shares of Telefonica by 77.4% in the 4th quarter. Assetmark Inc. now owns 174,800 shares of the utilities provider’s stock valued at $708,000 after acquiring an additional 76,238 shares during the period. 1.14% of the stock is currently owned by hedge funds and other institutional investors.

Telefonica Stock Performance

Shares of TEF opened at $3.79 on Thursday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.84 and a quick ratio of 0.80. The firm has a market capitalization of $21.50 billion, a P/E ratio of -9.25, a PEG ratio of 0.26 and a beta of 0.29. Telefonica has a one year low of $3.80 and a one year high of $5.72. The business has a fifty day moving average of $4.02 and a 200 day moving average of $4.72.

Telefonica (NYSE:TEF) last posted its earnings results on Tuesday, November 4th. The utilities provider reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The company had revenue of $10.51 billion during the quarter, compared to analysts’ expectations of $9 billion. Telefonica had a negative net margin of 5.23% and a positive return on equity of 8.54%. As a group, sell-side analysts anticipate that Telefonica will post 0.3 EPS for the current year.

Telefonica Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 9th. Investors of record on Wednesday, December 17th were issued a $0.1731 dividend. This represents a yield of 856.0%. The ex-dividend date was Wednesday, December 17th. Telefonica’s payout ratio is -63.41%.

Telefonica Company Profile

Telefónica, SA is a Spanish multinational telecommunications company headquartered in Madrid. Founded in 1924 as Compañía Telefónica Nacional de España, it has grown into one of the world’s largest telecommunications groups. Telefónica provides a broad range of communications services to residential and business customers, including mobile and fixed-line telephony, broadband internet, and pay-TV. The company also develops and sells network infrastructure and related services to support connectivity at scale.

Beyond traditional voice and data services, Telefónica has expanded into digital and IT services aimed at enterprise customers and public-sector clients.