Grupo Televisa (NYSE:TV) Reaches New 12-Month Low - What's Next?

Key Points

• Grupo Televisa shares fell to a new 52-week low, trading as low as $2.31 before closing around $2.40, well below its 50-day and 200-day moving averages.
• The company reported a quarterly loss of $0.05 per share, missing the $0.01 consensus estimate, while revenue of $816.64 million was slightly below expectations. Televisa also posted negative net margins and return on equity.
• Analyst sentiment remains weak, with an average “Reduce” rating and several recent downgrades, although institutional investors own approximately 55.77% of the stock and some have increased their positions.

Grupo Televisa S.A. (NYSE:TV - Get Free Report)'s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $2.31 and last traded at $2.4020, with a volume of 435275 shares traded. The stock had previously closed at $2.63.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TV shares. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Grupo Televisa in a research report on Friday, July 17th. Wall Street Zen cut shares of Grupo Televisa from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. UBS Group reduced their target price on Grupo Televisa from $3.20 to $3.10 and set a "neutral" rating for the company in a report on Monday, July 6th. Finally, New Street Research lowered Grupo Televisa from a "hold" rating to a "strong sell" rating in a research note on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Grupo Televisa has an average rating of "Reduce" and an average target price of $6.55.

Grupo Televisa Stock Performance

The company has a quick ratio of 2.38, a current ratio of 2.40 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.32 billion, a PE ratio of -2.73, a P/E/G ratio of 0.81 and a beta of 1.55. The stock's 50 day simple moving average is $2.76 and its two-hundred day simple moving average is $2.86.

Grupo Televisa (NYSE:TV - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.06). The business had revenue of $816.64 million during the quarter, compared to analysts' expectations of $818.16 million. Grupo Televisa had a negative net margin of 15.28% and a negative return on equity of 8.33%. As a group, research analysts anticipate that Grupo Televisa S.A. will post 0.1 earnings per share for the current year.

Institutional Trading of Grupo Televisa

Several institutional investors have recently added to or reduced their stakes in TV. TD Private Client Wealth LLC lifted its holdings in Grupo Televisa by 32.1% during the 4th quarter. TD Private Client Wealth LLC now owns 14,111 shares of the company's stock worth $41,000 after buying an additional 3,426 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Grupo Televisa by 2.8% during the second quarter. Corient Private Wealth LLC now owns 237,177 shares of the company's stock worth $519,000 after acquiring an additional 6,518 shares during the last quarter. Squarepoint Ops LLC grew its position in Grupo Televisa by 22.8% in the 4th quarter. Squarepoint Ops LLC now owns 38,683 shares of the company's stock worth $113,000 after purchasing an additional 7,176 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its position in Grupo Televisa by 135.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 15,499 shares of the company's stock valued at $45,000 after acquiring an additional 8,926 shares during the period. Finally, SmartHarvest Portfolios LLC acquired a new position in shares of Grupo Televisa during the first quarter valued at $30,000. 55.77% of the stock is owned by institutional investors and hedge funds.

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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