Grupo Televisa (NYSE:TV) Posts Earnings Results, Misses Estimates By $0.77 EPS

Grupo Televisa (NYSE:TV) posted its quarterly earnings results on Thursday. The company reported ($0.78) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.77), Zacks reports. Grupo Televisa had a negative return on equity of 9.49% and a negative net margin of 18.27%.The firm had revenue of $794.82 million for the quarter, compared to the consensus estimate of $799.01 million.

Grupo Televisa Stock Performance

NYSE:TV traded down $0.24 during trading hours on Friday, hitting $2.95. The stock had a trading volume of 3,423,423 shares, compared to its average volume of 1,248,546. The company has a 50 day simple moving average of $3.14 and a two-hundred day simple moving average of $2.84. The company has a quick ratio of 2.29, a current ratio of 2.31 and a debt-to-equity ratio of 0.03. Grupo Televisa has a one year low of $1.55 and a one year high of $3.49.

Institutional Investors Weigh In On Grupo Televisa

Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC increased its stake in Grupo Televisa by 96.1% in the fourth quarter. Virtu Financial LLC now owns 56,003 shares of the company’s stock valued at $163,000 after acquiring an additional 27,445 shares during the last quarter. Invesco Ltd. grew its position in Grupo Televisa by 12.1% during the 4th quarter. Invesco Ltd. now owns 165,287 shares of the company’s stock worth $481,000 after acquiring an additional 17,847 shares during the last quarter. XTX Topco Ltd lifted its position in Grupo Televisa by 972.8% in the fourth quarter. XTX Topco Ltd now owns 317,327 shares of the company’s stock valued at $923,000 after purchasing an additional 287,749 shares during the last quarter. Quadrature Capital Ltd bought a new stake in Grupo Televisa in the fourth quarter valued at approximately $551,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Grupo Televisa during the fourth quarter valued at approximately $432,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TV. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, January 21st. Finally, Benchmark reissued a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $5.07.

Grupo Televisa Company Profile

Grupo Televisa, SAB. is a leading Mexican multimedia conglomerate headquartered in Mexico City, specializing in the creation, production and distribution of Spanish-language content. The company operates free-to-air television networks, subscription pay-TV services, broadband and telephony under its cable arm, and a range of digital streaming platforms. Grupo Televisa’s portfolio spans news, sports, telenovelas, reality programming and original series, positioning it as one of the largest content producers in the Spanish-speaking world.

Televisa’s broadcast division includes flagship channels such as Las Estrellas and Canal 5, while its pay-TV segment features operations under brands like Sky México and Izzi Telecom.