Telefonica S.A - ADR Stock News

Telefonica and AT&T are high-yield telecoms with checkered pasts. Both have made a lot of progress towards deleveraging and putting their businesses and dividends on a more sustainable path. We compare them side-by-side and share our take on which is the better buy today.

Conservative leverage, FCF improvement, and on-track results make Telefonica stock a buy with a €4.9/share price target. Telefonica is a decent investment with good yield and potential for outperformance, primarily income-oriented. The company's 2Q24 results show accelerating top-line growth, EBITDA growth, and expansion of 5G coverage, supporting the positive thesis.

The U.S. economy has lagged in 2024. While inflation has come down, it has failed to meet the Federal Reserve's target of 2%.

Telefónica, S.A. (NYSE:TEF ) Q2 2024 Earnings Conference Call July 31, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director, Investor Relations Jose Maria - Chairman and CEO Angel Vila - COO Laura Abasolo - CFO Markus Haas - CEO, Telefónica Deutschland Lutz Schüler - CEO, Virgin Media O2 Conference Call Participants Andrew Lee - Goldman Sachs Mathieu Robilliard - Barclays Da...

Telefonica has seen improvements in its results, with accelerating revenue and EBITDA growth, low churn rates, and enhanced customer experience. The company has achieved its goals in terms of fiber, infra growth, and coverage, with 5G coverage at 63% in core markets. Telefonica's FCF is expected to grow at more than 10%, affirming a positive outlook for the company.

The inclusion of high dividend yield companies is important when building a dividend portfolio that aims to generate a passive and sustainable income stream. You should carefully select your high dividend yield companies and set allocation limits for companies with higher probabilities of dividend reduction. With this strategy, you decrease the risk level of your investment portfolio while enha...

Spanish holding company Criteria plans to raise its stake in Telefonica to 10%, matching the government's recently acquired stake in the telecoms company, news website El Confidencial reported on Tuesday, citing unidentified sources.

Telefónica, S.A. (NYSE:TEF ) Q1 2024 Earnings Conference Call May 9, 2024 4:00 AM ET Company Participants Adrian Zunzunegui - Global Director of Investor Relations Angel Vila - Chief Operating Officer Laura Abasolo - Chief Financial Officer Markus Haas - Chief Executive Officer, Telefónica Deutschland Lutz Schüler - Chief Executive Officer, Virgin Media O2 Conference Call Participants Ondrej Ca...