Grupo Televisa S.A. (NYSE:TV - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.90 and traded as high as $3.21. Grupo Televisa shares last traded at $3.1750, with a volume of 861,161 shares traded.
Wall Street Analysts Forecast Growth
TV has been the subject of several recent research reports. Weiss Ratings restated a "sell (d-)" rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Benchmark reaffirmed a "buy" rating on shares of Grupo Televisa in a research report on Friday, January 2nd. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Finally, Zacks Research raised shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a research report on Monday, January 26th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $5.07.
Read Our Latest Report on Grupo Televisa
Grupo Televisa Price Performance
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's 50-day simple moving average is $3.03 and its 200-day simple moving average is $2.90. The stock has a market capitalization of $1.69 billion, a P/E ratio of -3.57, a price-to-earnings-growth ratio of 0.99 and a beta of 1.87.
Grupo Televisa (NYSE:TV - Get Free Report) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The company had revenue of $807.20 million during the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. As a group, sell-side analysts expect that Grupo Televisa S.A. will post -0.07 EPS for the current fiscal year.
Hedge Funds Weigh In On Grupo Televisa
Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company's stock valued at $79,488,000 after purchasing an additional 4,888,475 shares during the period. Gamco Investors INC. ET AL raised its position in shares of Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company's stock valued at $60,811,000 after purchasing an additional 1,975,268 shares during the period. Gabelli Funds LLC raised its position in shares of Grupo Televisa by 9.8% in the fourth quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company's stock valued at $22,368,000 after purchasing an additional 687,500 shares during the period. Marshall Wace LLP raised its position 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 valued at $4,213,000 after purchasing an additional 1,273,818 shares during the period. Finally, UBS Group AG raised its position in shares of Grupo Televisa by 216.4% in the fourth quarter. UBS Group AG now owns 1,161,678 shares of the company's stock valued at $3,380,000 after purchasing an additional 794,514 shares during the period. 55.77% of the stock is owned by institutional investors.
Grupo Televisa Company Profile
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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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