Grupo Televisa (NYSE:TV) Receives Neutral Rating from JPMorgan Chase & Co.

Grupo Televisa (NYSE:TV)‘s stock had its “neutral” rating restated by analysts at JPMorgan Chase & Co. in a research report issued on Tuesday,Benzinga reports.

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

Grupo Televisa Stock Performance

TV stock opened at $2.79 on Tuesday. Grupo Televisa has a fifty-two week low of $1.55 and a fifty-two week high of $3.49. The company has a current ratio of 2.31, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03. The business’s fifty day moving average price is $3.13 and its two-hundred day moving average price is $2.86.

Grupo Televisa (NYSE:TV) last released its quarterly earnings results on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.77). Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.42%. The business had revenue of $794.82 million during the quarter, compared to analyst estimates of $799.01 million. As a group, analysts anticipate that Grupo Televisa will post -0.07 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Strid Group LLC bought a new stake in Grupo Televisa during the third quarter worth $27,000. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Grupo Televisa during the 3rd quarter worth $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 buying an additional 4,355 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Grupo Televisa in the fourth quarter valued at about $32,000. Finally, AXQ Capital LP bought a new position in Grupo Televisa in the fourth quarter valued at about $35,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

About Grupo Televisa

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.