Grupo Televisa (NYSE:TV) Upgraded to Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Grupo Televisa from “hold” to “buy,” while the broader analyst view remains cautious with an overall consensus rating of “hold” and a $5.43 price target.
• The stock was trading up 0.9% at $2.86, with the company showing a strong liquidity position but weak profitability, including a negative quarterly EPS of $0.80 and negative net margin.
• Insider selling has been active, including recent share sales by Francisco Valim and Director Robelo Francisco Jose Chevez, while institutional investors such as Invesco and Canada Pension Plan Investment Board have added new stakes.

Grupo Televisa (NYSE:TV - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday.

A number of other research firms have also weighed in on TV. Weiss Ratings reissued a "sell (d-)" rating on shares of Grupo Televisa in a report on Monday, April 20th. UBS Group raised their target price on shares of Grupo Televisa from $2.60 to $3.70 and gave the company a "neutral" rating in a report on Wednesday, April 22nd. Zacks Research raised shares of Grupo Televisa from a "strong sell" rating to a "hold" rating in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Grupo Televisa currently has an average rating of "Hold" and a consensus price target of $5.43.

Grupo Televisa Trading Up 0.9%

TV stock opened at $2.86 on Friday. The firm has a fifty day moving average price of $2.95 and a 200 day moving average price of $2.96. Grupo Televisa has a fifty-two week low of $1.79 and a fifty-two week high of $3.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39. The firm has a market cap of $1.52 billion, a PE ratio of -3.52, a price-to-earnings-growth ratio of 0.90 and a beta of 1.61.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. Grupo Televisa had a negative net margin of 13.93% and a negative return on equity of 7.65%. The business had revenue of $807.20 million during the quarter. Sell-side analysts anticipate that Grupo Televisa will post 0.09 earnings per share for the current fiscal year.

Insider Activity at Grupo Televisa

In other Grupo Televisa news, insider Francisco Valim sold 225,000 shares of Grupo Televisa stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total transaction of $128,250.00. Following the completion of the transaction, the insider directly owned 225,000 shares of the company's stock, valued at $128,250. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robelo Francisco Jose Chevez sold 44,500 shares of Grupo Televisa stock in a transaction on Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the transaction, the director directly owned 838,275 shares of the company's stock, valued at $477,816.75. The trade was a 5.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,413,084 shares of company stock valued at $811,109 over the last three months.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. bought a new stake in shares of Grupo Televisa during the first quarter worth $96,000. Canada Pension Plan Investment Board bought a new stake in shares of Grupo Televisa during the second quarter worth $1,232,000. Banco BTG Pactual S.A. bought a new stake in shares of Grupo Televisa during the second quarter worth $208,000. Jane Street Group LLC bought a new stake in shares of Grupo Televisa during the second quarter worth $1,211,000. Finally, Bank of America Corp DE lifted its position in shares of Grupo Televisa by 36.8% during the second quarter. Bank of America Corp DE now owns 305,072 shares of the company's stock worth $668,000 after purchasing an additional 82,118 shares during the last quarter. 55.77% of the stock is owned by hedge funds and other institutional investors.

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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