Grupo Televisa S.A. (NYSE:TV) Receives $4.73 Consensus Price Target from Analysts

Shares of Grupo Televisa S.A. (NYSE:TV) have earned an average recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $4.7333.

Several research firms have commented on TV. The Goldman Sachs Group downgraded shares of Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 target price for the company. in a research report on Friday, August 8th. Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. JPMorgan Chase & Co. raised shares of Grupo Televisa from a “neutral” rating to an “overweight” rating in a report on Wednesday, August 27th. UBS Group reaffirmed a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Finally, Zacks Research downgraded shares of Grupo Televisa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th.

Hedge Funds Weigh In On Grupo Televisa

Several large investors have recently made changes to their positions in TV. Strid Group LLC acquired a new position in shares of Grupo Televisa during the 3rd quarter worth about $27,000. Signaturefd LLC lifted its position in shares of Grupo Televisa by 72.7% during the 1st quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock worth $28,000 after purchasing an additional 6,770 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Grupo Televisa during the 3rd quarter worth about $28,000. TD Private Client Wealth LLC lifted its position in shares of Grupo Televisa by 68.8% during the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after purchasing an additional 4,355 shares during the last quarter. Finally, Evergreen Capital Management LLC bought a new stake in Grupo Televisa in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa Stock Performance

TV stock opened at $2.66 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.31 and a debt-to-equity ratio of 0.78. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of -2.63, a P/E/G ratio of 3.45 and a beta of 1.99. Grupo Televisa has a 12 month low of $1.55 and a 12 month high of $2.97. The firm has a 50 day moving average of $2.64 and a two-hundred day moving average of $2.34.

Grupo Televisa (NYSE:TV) last posted its earnings results on Friday, October 24th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.22). The business had revenue of $792.87 million during the quarter, compared to the consensus estimate of $14.66 billion. Grupo Televisa had a negative return on equity of 9.49% and a negative net margin of 18.27%. As a group, equities analysts anticipate that Grupo Televisa will post -0.07 EPS for the current fiscal year.

About Grupo Televisa

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.