Telefónica (TEF) Projected to Post Quarterly Earnings on Thursday

Telefónica (NYSE:TEF) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $10.53 billion for the quarter.

Telefónica Stock Up 1.3 %

Shares of TEF opened at $4.38 on Tuesday. The firm has a market capitalization of $24.81 billion, a price-to-earnings ratio of -16.83 and a beta of 0.68. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.81 and a current ratio of 0.85. The business’s fifty day moving average price is $4.09 and its two-hundred day moving average price is $4.43. Telefónica has a 52 week low of $3.89 and a 52 week high of $4.93.

Telefónica Cuts Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Friday, January 10th. Shareholders of record on Wednesday, December 18th were given a $0.1576 dividend. The ex-dividend date was Wednesday, December 18th. This represents a yield of 5.2%. Telefónica’s payout ratio is -84.62%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Telefónica from a “hold” rating to a “buy” rating in a research report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Telefónica Company Profile

Telefónica, SA, together with its subsidiaries, provides telecommunications services in Europe and Latin America. The company offers mobile and related services and products, such as mobile voice, value added, mobile data and internet, wholesale, corporate, roaming, fixed wireless, and trunking and paging services.