Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day down 0.6%. By the end of trading, Telefonica Brasil S.A fell 29 cents (-1.3%) to $21.87 on average volume. Throughout the day, 2.4 million shares of Telefonica Brasil S.A exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $21.39-$21.95 after having opened the day at $21.75 as compared to the previous trading day's close of $22.16. Other companies within the Technology sector that declined today were:
), down 28.6%,
), down 18.5%,
), down 17.8%, and
), down 16.4%.
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Telefonica Brasil, S.A. provides fixed-line telecommunications services to residential and commercial customers in the state of Sao Paulo, Brazil. Telefonica Brasil S.A has a market cap of $24.98 billion and is part of the
industry. The company has a P/E ratio of 6.5, below the average telecommunications industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 18.9% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Telefonica Brasil S.A a buy, one analyst rates it a sell, and two rate it a hold.
TheStreet Ratings rates Telefonica Brasil S.A as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and a generally disappointing performance in the stock itself.
- You can view the full Telefonica Brasil S.A Ratings Report.
On the positive front,
), up 51.5%,
), up 23.5%,
), up 15.8%, and
), up 14.2%, were all gainers within the technology sector with
) being today's featured technology sector leader.
- Use our technology section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider
) while those bearish on the technology sector could consider
- Find other investment ideas from our top rated ETFs lists.
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