Analysts Set Grupo Televisa S.A. (NYSE:TV) Price Target at $5.07

Grupo Televisa S.A. (NYSE:TV) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $5.0667.

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

Institutional Investors Weigh In On Grupo Televisa

Several institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. increased its holdings in Grupo Televisa by 21.8% in the 4th quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after buying an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL lifted its stake in Grupo Televisa by 10.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock valued at $60,811,000 after acquiring an additional 1,975,268 shares during the period. Gabelli Funds LLC boosted its holdings in shares of Grupo Televisa by 9.8% during the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock valued at $22,368,000 after acquiring an additional 687,500 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Grupo Televisa by 42.7% in the second quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock worth $4,504,000 after acquiring an additional 615,200 shares during the period. Finally, Marshall Wace LLP grew its stake in shares of Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after acquiring an additional 1,273,818 shares during the period. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa Price Performance

Shares of NYSE:TV opened at $2.95 on Wednesday. The business has a fifty day moving average price of $3.07 and a 200-day moving average price of $2.89. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.12 and a quick ratio of 2.11. The company has a market capitalization of $1.57 billion, a PE ratio of -3.31, a PEG ratio of 0.93 and a beta of 1.87. Grupo Televisa has a 1-year low of $1.55 and a 1-year high of $3.49.

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

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.