Grupo Televisa (TV) Earning Somewhat Positive News Coverage, Accern Reports
Media headlines about Grupo Televisa (NYSE:TV) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Grupo Televisa earned a news impact score of 0.11 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0947216731363 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several analysts have recently weighed in on TV shares. ValuEngine raised shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Wednesday, May 17th. HSBC Holdings plc raised shares of Grupo Televisa from a “reduce” rating to a “hold” rating in a report on Wednesday, May 24th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a $26.00 price objective (up previously from $23.00) on shares of Grupo Televisa in a report on Monday, June 5th. Zacks Investment Research raised shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Thursday, June 8th. Finally, BidaskClub raised shares of Grupo Televisa from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $26.50.
Shares of Grupo Televisa (NYSE:TV) opened at 25.01 on Friday. Grupo Televisa has a 12-month low of $19.69 and a 12-month high of $27.37. The firm has a market cap of $61.99 billion, a price-to-earnings ratio of 308.77 and a beta of 1.32. The stock’s 50 day moving average is $26.02 and its 200 day moving average is $25.41.
Grupo Televisa (NYSE:TV) last issued its quarterly earnings results on Monday, July 10th. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.01. Grupo Televisa had a net margin of 4.69% and a return on equity of 4.62%. The company had revenue of $1.25 billion during the quarter. Equities analysts expect that Grupo Televisa will post $0.63 earnings per share for the current year.
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Grupo Televisa Company Profile
Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.
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