Grupo Televisa S.A. (NYSE:TV) Given Average Recommendation of “Hold” by Brokerages

Grupo Televisa S.A. (NYSE:TV) has received an average recommendation of “Hold” from the six ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $5.2667.

Several analysts have recently commented on the stock. Wall Street Zen cut shares of Grupo Televisa from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. UBS Group decreased their price objective on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Monday, April 20th.

Insiders Place Their Bets

In other news, Director Robelo Francisco Jose Chevez sold 44,500 shares of the firm’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $0.57, for a total value of $25,365.00. Following the transaction, the director owned 838,275 shares of the company’s stock, valued at approximately $477,816.75. This trade represents a 5.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of $0.56, for a total transaction of $112,001.68. Following the sale, the director owned 32,997 shares of the company’s stock, valued at approximately $18,478.32. This represents a 85.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,762,584 shares of company stock valued at $1,007,994 over the last 90 days.

Institutional Trading of Grupo Televisa

A number of institutional investors have recently bought and sold shares of TV. Evergreen Capital Management LLC bought a new stake in shares of Grupo Televisa during the 2nd quarter valued at $29,000. SmartHarvest Portfolios LLC acquired a new position in shares of Grupo Televisa in the 1st quarter valued at $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Grupo Televisa in the 4th quarter worth $32,000. AXQ Capital LP acquired a new stake in shares of Grupo Televisa during the fourth quarter worth $35,000. Finally, Diversified Trust Co. acquired a new stake in shares of Grupo Televisa during the fourth quarter worth $38,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa Stock Performance

Grupo Televisa stock opened at $2.89 on Monday. The stock has a 50-day simple moving average of $2.88 and a 200 day simple moving average of $2.97. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of -3.56, a P/E/G ratio of 0.56 and a beta of 1.57. The company has a quick ratio of 2.36, a current ratio of 2.39 and a debt-to-equity ratio of 0.04. Grupo Televisa has a 12-month low of $2.03 and a 12-month high of $3.49.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. The company had revenue of $807.20 million for the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. On average, research analysts anticipate that Grupo Televisa will post 0.15 earnings per share for the current fiscal year.

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.