Grupo Televisa (NYSE:TV) Stock Crosses Above 200 Day Moving Average - Here's What Happened

Key Points

• Grupo Televisa's stock recently crossed above its 200‑day moving average of $2.89, trading as high as $3.05 and last at $2.9650 on volume of 611,159 shares.
• Analysts are mixed with a consensus rating of Hold and a $5.07 target (2 Buys, 3 Holds, 1 Sell).
• Fundamentals remain weak: the company reported a quarterly EPS of ($0.80), a negative net margin (-15.75%) and a P/E of -3.33, with sell‑side forecasts projecting about -0.07 EPS for the year.

Grupo Televisa S.A. (NYSE:TV - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.89 and traded as high as $3.05. Grupo Televisa shares last traded at $2.9650, with a volume of 611,159 shares changing hands.

Wall Street Analysts Forecast Growth

TV has been the topic of several recent research reports. Zacks Research upgraded shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a research report on Monday, January 26th. Benchmark restated a "buy" rating on shares of Grupo Televisa in a research report on Friday, January 2nd. JPMorgan Chase & Co. restated a "neutral" rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Grupo Televisa presently has a consensus rating of "Hold" and a consensus target price of $5.07.

Grupo Televisa Price Performance

The company has a market capitalization of $1.58 billion, a P/E ratio of -3.33, a P/E/G ratio of 0.93 and a beta of 1.87. The business's 50-day simple moving average is $3.05 and its 200 day simple moving average is $2.89. The company has a current ratio of 2.12, a quick ratio of 2.11 and a debt-to-equity ratio of 0.84.

Grupo Televisa (NYSE:TV - Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative return on equity of 8.56% and a negative net margin of 15.75%.The company had revenue of $807.20 million for the quarter. As a group, sell-side analysts anticipate that Grupo Televisa S.A. will post -0.07 EPS for the current year.

Hedge Funds Weigh In On Grupo Televisa

Several hedge funds have recently made changes to their positions in TV. Strid Group LLC acquired a new position in shares of Grupo Televisa in the 3rd quarter worth approximately $27,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Grupo Televisa in the 3rd quarter worth approximately $28,000. TD Private Client Wealth LLC grew its stake in shares of Grupo Televisa by 68.8% in the 3rd 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 last quarter. Evergreen Capital Management LLC acquired a new position in shares of Grupo Televisa in the 2nd quarter worth approximately $29,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Grupo Televisa in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 55.77% of the company's stock.

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.

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