Grupo Televisa, S.A.B. (NYSE:TV) Receives $5.25 Consensus Price Target from Analysts

Grupo Televisa, S.A.B. (NYSE:TV) has earned a consensus recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $5.25.

TV has been the topic of a number of recent research reports. StockNews.com lowered Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. The Goldman Sachs Group lowered their price objective on Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a “buy” rating for the company in a research report on Friday, November 15th. JPMorgan Chase & Co. downgraded shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 14th. Finally, Benchmark lowered their price target on shares of Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Thursday, October 24th.

Institutional Trading of Grupo Televisa, S.A.B.

Hedge funds have recently modified their holdings of the company. Central Pacific Bank Trust Division grew its holdings in Grupo Televisa, S.A.B. by 50.0% during the third quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company’s stock valued at $38,000 after purchasing an additional 5,000 shares during the period. Ballentine Partners LLC grew its holdings in shares of Grupo Televisa, S.A.B. by 18.0% in the 3rd quarter. Ballentine Partners LLC now owns 37,039 shares of the company’s stock valued at $95,000 after buying an additional 5,658 shares during the period. SG Americas Securities LLC increased its position in shares of Grupo Televisa, S.A.B. by 35.7% in the 2nd quarter. SG Americas Securities LLC now owns 28,154 shares of the company’s stock valued at $78,000 after buying an additional 7,406 shares in the last quarter. XTX Topco Ltd raised its stake in Grupo Televisa, S.A.B. by 19.1% during the 2nd quarter. XTX Topco Ltd now owns 60,454 shares of the company’s stock worth $167,000 after buying an additional 9,684 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in Grupo Televisa, S.A.B. during the second quarter worth about $29,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE TV opened at $1.94 on Monday. Grupo Televisa, S.A.B. has a 12-month low of $1.69 and a 12-month high of $3.65. The firm’s 50-day simple moving average is $2.24 and its 200 day simple moving average is $2.34. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -2.73, a price-to-earnings-growth ratio of 0.75 and a beta of 1.81.

Grupo Televisa, S.A.B. (NYSE:TV) last announced its earnings results on Thursday, October 24th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. The company had revenue of $812.55 million for the quarter, compared to analyst estimates of $828.35 million. Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. On average, research analysts expect that Grupo Televisa, S.A.B. will post 0.08 earnings per share for the current fiscal year.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.