Grupo Televisa S.A. (NYSE:TV) Stock Has Consensus Target Price of $6.15 According to Brokerages

Key Points

• Analysts give Grupo Televisa a consensus “Reduce” rating: Of six analysts, two recommend selling, three rate it hold and one recommends buying. The average 12-month price target is $6.15.
• The stock opened at $2.25, near its 12-month low of $2.01. UBS recently cut its price target from $3.20 to $2.30 and maintained a neutral rating.
• Latest quarterly results beat estimates: earnings were $0.09 per share versus $0.03 expected, while revenue of $778.61 million topped the $763.71 million consensus.

Shares of Grupo Televisa S.A. (NYSE:TV - Get Free Report) have earned a consensus rating of "Reduce" from the six analysts that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $6.15.

Several equities research analysts have recently weighed in on TV shares. UBS Group reduced their price objective on Grupo Televisa from $3.20 to $2.30 and set a "neutral" rating for the company in a research note on Wednesday, November 4th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Grupo Televisa in a research report on Thursday, October 15th. Zacks Research downgraded Grupo Televisa from a "hold" rating to a "strong sell" rating in a report on Monday, October 19th. New Street Research upgraded Grupo Televisa from a "strong sell" rating to a "hold" rating in a research report on Wednesday, October 21st. Finally, Wall Street Zen cut Grupo Televisa from a "buy" rating to a "hold" rating in a research note on Sunday.

Grupo Televisa Price Performance

Shares of NYSE TV opened at $2.25 on Thursday. Grupo Televisa has a twelve month low of $2.01 and a twelve month high of $3.49. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of -3.56, a PEG ratio of 0.77 and a beta of 1.62. The firm has a 50-day moving average of $2.34 and a two-hundred day moving average of $2.76. The company has a current ratio of 2.08, a quick ratio of 2.06 and a debt-to-equity ratio of 0.05.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.06. The firm had revenue of $778.61 million for the quarter, compared to analyst estimates of $763.71 million. Grupo Televisa had a negative net margin of 10.39% and a negative return on equity of 5.60%. As a group, analysts expect that Grupo Televisa will post 0.09 earnings per share for the current fiscal year.

Institutional Trading of Grupo Televisa

A number of hedge funds have recently bought and sold shares of the company. R Squared Ltd boosted its holdings in shares of Grupo Televisa by 57.6% in the third quarter. R Squared Ltd now owns 33,103 shares of the company's stock worth $75,000 after buying an additional 12,099 shares during the period. Simplex Trading LLC raised its holdings in shares of Grupo Televisa by 374.0% during the third quarter. Simplex Trading LLC now owns 20,139 shares of the company's stock valued at $46,000 after acquiring an additional 15,890 shares during the period. First Command Advisory Services Inc. raised its holdings in shares of Grupo Televisa by 142.7% during the third quarter. First Command Advisory Services Inc. now owns 34,237 shares of the company's stock valued at $78,000 after acquiring an additional 20,129 shares during the period. Lido Advisors LLC acquired a new stake in shares of Grupo Televisa during the first quarter valued at approximately $62,000. Finally, NewEdge Advisors LLC lifted its position in shares of Grupo Televisa by 1,335.4% in the 1st quarter. NewEdge Advisors LLC now owns 134,869 shares of the company's stock valued at $392,000 after acquiring an additional 125,473 shares in the last quarter. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa Company Profile

Grupo Televisa is a Mexican media and telecommunications company with operations focused on cable and pay-TV services. It provides customers with television programming, broadband internet and telephone services, including satellite television through Sky. The company traces its roots to Telesistema Mexicano, formed in 1955, and became Grupo Televisa in 1973. It built a long-standing presence in Mexican broadcasting and Spanish-language entertainment. Following the 2022 combination of Televisa's content and media assets with Univision, the resulting TelevisaUnivision became a separate company.

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