Grupo Televisa S.A. (NYSE:TV) Given Average Rating of "Hold" by Brokerages

Key Points

• Grupo Televisa S.A. has received a consensus recommendation of "Hold" from five different brokerages, with an average 12-month target price of $4.70.
• Institutional investors own 55.77% of Grupo Televisa's stock, with notable increases in holdings by firms like JPMorgan Chase & Co. and Acadian Asset Management.
• The company's recent earnings reported $0.05 earnings per share, which surpassed the consensus estimate of (-$0.01).

Grupo Televisa S.A. (NYSE:TV - Get Free Report) has received an average rating of "Hold" from the five research firms that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $4.70.

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. upgraded Grupo Televisa from a "neutral" rating to an "overweight" rating in a research report on Wednesday, August 27th. The Goldman Sachs Group cut shares of Grupo Televisa from a "buy" rating to a "neutral" rating and set a $2.60 price objective on the stock. in a research note on Friday, August 8th. UBS Group boosted their price target on shares of Grupo Televisa from $2.40 to $2.50 and gave the stock a "neutral" rating in a research note on Tuesday, July 29th. Zacks Research lowered Grupo Televisa from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 13th. Finally, Wall Street Zen lowered Grupo Televisa from a "buy" rating to a "hold" rating in a report on Friday, May 30th.

Institutional Trading of Grupo Televisa

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Evergreen Capital Management LLC acquired a new position in Grupo Televisa in the second quarter valued at $29,000. Assetmark Inc. acquired a new stake in Grupo Televisa in the second quarter valued at $34,000. Signaturefd LLC lifted its position in shares of Grupo Televisa by 72.7% during the first quarter. Signaturefd LLC now owns 16,085 shares of the company's stock worth $28,000 after purchasing an additional 6,770 shares during the last quarter. R Squared Ltd grew its position in shares of Grupo Televisa by 405.9% in the 1st quarter. R Squared Ltd now owns 21,400 shares of the company's stock worth $37,000 after acquiring an additional 17,170 shares in the last quarter. Finally, Vident Advisory LLC increased its stake in Grupo Televisa by 114.8% during the first quarter. Vident Advisory LLC now owns 28,762 shares of the company's stock valued at $50,000 after purchasing an additional 15,374 shares during the last quarter. Hedge funds and other institutional investors own 55.77% of the company's stock.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock traded down $0.06 during trading on Friday, reaching $2.78. The company's stock had a trading volume of 598,835 shares, compared to its average volume of 2,015,493. The company has a current ratio of 2.35, a quick ratio of 2.33 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.54 billion, a PE ratio of -3.70, a P/E/G ratio of 3.05 and a beta of 1.97. Grupo Televisa has a fifty-two week low of $1.55 and a fifty-two week high of $2.97. The company has a 50-day moving average price of $2.52 and a two-hundred day moving average price of $2.15.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings data on Tuesday, July 22nd. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.06. The company had revenue of $787.59 million for the quarter, compared to analyst estimates of $14.96 billion. Grupo Televisa had a negative net margin of 13.56% and a negative return on equity of 6.95%. On average, analysts forecast that Grupo Televisa will post -0.07 EPS for the current year.

Grupo Televisa Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.