Telefónica (TEF) to Release Quarterly Earnings on Thursday

Telefónica (NYSE:TEF) is expected to be issuing 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 $10.52 billion for the quarter.

Telefónica Stock Down 1.3 %

Telefónica stock opened at $4.23 on Thursday. Telefónica has a fifty-two week low of $3.89 and a fifty-two week high of $4.93. 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 firm has a 50 day moving average price of $4.10 and a 200 day moving average price of $4.43. The company has a market capitalization of $23.96 billion, a PE ratio of -16.25 and a beta of 0.68.

Telefónica Cuts Dividend

The business also recently announced a semi-annual dividend, which was paid on Friday, January 10th. Investors of record on Wednesday, December 18th were issued a $0.1576 dividend. The ex-dividend date was Wednesday, December 18th. This represents a yield of 5.2%. Telefónica’s dividend payout ratio (DPR) is presently -84.62%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of 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 given a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently 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.