Grupo Televisa, S.A.B. (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 $1.90 and traded as high as $2.11. Grupo Televisa, S.A.B. shares last traded at $2.08, with a volume of 1,935,016 shares.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on TV shares. The Goldman Sachs Group raised their target price on Grupo Televisa, S.A.B. from $1.80 to $2.20 and gave the company a "buy" rating in a report on Wednesday. Benchmark reiterated a "buy" rating and issued a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a report on Wednesday, March 5th. Finally, StockNews.com raised shares of Grupo Televisa, S.A.B. from a "hold" rating to a "buy" rating in a report on Monday, May 12th.
Read Our Latest Stock Report on Grupo Televisa, S.A.B.
Grupo Televisa, S.A.B. Stock Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41. The company has a market capitalization of $1.15 billion, a PE ratio of -2.84 and a beta of 1.92. The stock has a 50-day simple moving average of $1.80 and a 200 day simple moving average of $1.90.
Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.09. The business had revenue of $763.42 million for the quarter, compared to analyst estimates of $15.33 billion. Grupo Televisa, S.A.B. had a negative net margin of 11.69% and a negative return on equity of 5.73%. Equities analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 EPS for the current fiscal year.
Institutional Trading of Grupo Televisa, S.A.B.
Several institutional investors and hedge funds have recently modified their holdings of the business. Signaturefd LLC raised its position in shares of Grupo Televisa, S.A.B. by 72.7% during the 1st 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. EntryPoint Capital LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 6.9% in the first quarter. EntryPoint Capital LLC now owns 137,851 shares of the company's stock worth $241,000 after acquiring an additional 8,953 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. lifted its position in shares of Grupo Televisa, S.A.B. by 2.8% in the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 395,950 shares of the company's stock valued at $693,000 after acquiring an additional 10,875 shares in the last quarter. Vident Advisory LLC lifted its position in shares of Grupo Televisa, S.A.B. by 114.8% in the first quarter. Vident Advisory LLC now owns 28,762 shares of the company's stock valued at $50,000 after acquiring an additional 15,374 shares in the last quarter. Finally, R Squared Ltd boosted its stake in shares of Grupo Televisa, S.A.B. by 405.9% during the first quarter. R Squared Ltd now owns 21,400 shares of the company's stock valued at $37,000 after acquiring an additional 17,170 shares during the last quarter. Hedge funds and other institutional investors own 55.77% of the company's stock.
Grupo Televisa, S.A.B. Company Profile
(
Get Free Report)
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.
See Also
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