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

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

TV has been the topic of several analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, October 8th. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Zacks Research downgraded Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Friday, December 26th. Finally, UBS Group reissued a “buy” rating on shares of Grupo Televisa in a research note on Monday, October 27th.

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently bought and sold shares of the stock. Invesco Ltd. bought a new stake in shares of Grupo Televisa during the 1st quarter worth about $96,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Grupo Televisa by 7.2% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,312,678 shares of the company’s stock valued at $2,875,000 after acquiring an additional 88,233 shares during the period. GFS Advisors LLC acquired a new position in shares of Grupo Televisa during the second quarter valued at approximately $4,692,000. R Squared Ltd raised its holdings in Grupo Televisa by 171.3% during the second quarter. R Squared Ltd now owns 58,062 shares of the company’s stock worth $127,000 after purchasing an additional 36,662 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Grupo Televisa by 272.8% during the second quarter. Envestnet Asset Management Inc. now owns 134,168 shares of the company’s stock worth $294,000 after purchasing an additional 98,180 shares in the last quarter. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa Stock Performance

Shares of TV opened at $3.14 on Friday. The firm has a fifty day moving average of $2.90 and a 200-day moving average of $2.67. The company has a market cap of $1.66 billion, a price-to-earnings ratio of -3.10, a price-to-earnings-growth ratio of 1.15 and a beta of 1.95. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31. Grupo Televisa has a 1 year low of $1.55 and a 1 year high of $3.36.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Friday, October 24th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.22). The firm had revenue of $798.55 million during the quarter, compared to the consensus estimate of $14.66 billion. Grupo Televisa had a negative net margin of 18.27% and a negative return on equity of 9.49%. As a group, equities analysts anticipate that Grupo Televisa will post -0.07 earnings per share for the current 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.