Grupo Televisa S.A. (NYSE:TV) Receives $5.07 Consensus Price Target from Brokerages

Shares of Grupo Televisa S.A. (NYSE:TV) have been assigned an average rating of “Hold” from the six brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $5.0667.

Several research firms have weighed in on TV. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Finally, Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd.

Grupo Televisa Stock Performance

Shares of TV opened at $2.95 on Wednesday. The company has a 50-day moving average of $3.07 and a two-hundred day moving average of $2.89. The stock has a market cap of $1.57 billion, a price-to-earnings ratio of -3.31, a PEG ratio of 0.93 and a beta of 1.87. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.12 and a quick ratio of 2.11. Grupo Televisa has a one year low of $1.55 and a one year high of $3.49.

Grupo Televisa (NYSE:TV) last released its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. The firm had revenue of $807.20 million for the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. On average, equities research analysts expect that Grupo Televisa will post -0.07 earnings per share for the current year.

Hedge Funds Weigh In On Grupo Televisa

Several institutional investors and hedge funds have recently bought and sold shares of TV. Strid Group LLC acquired a new position in shares of Grupo Televisa in the 3rd quarter valued at about $27,000. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Grupo Televisa during the third quarter worth approximately $28,000. TD Private Client Wealth LLC boosted its holdings in shares of Grupo Televisa by 68.8% during the third 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 period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Grupo Televisa during the fourth quarter valued at approximately $32,000. Finally, AXQ Capital LP purchased a new position in Grupo Televisa during the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

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.