Analysts Set Grupo Televisa, S.A.B. (NYSE:TV) Price Target at $5.52

Shares of Grupo Televisa, S.A.B. (NYSE:TV) have earned an average rating of “Hold” from the six analysts that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $5.28.

TV has been the topic of a number of recent research reports. Morgan Stanley reissued an “equal weight” rating and set a $4.00 target price (down from $7.00) on shares of Grupo Televisa, S.A.B. in a research report on Friday, January 5th. StockNews.com raised shares of Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research report on Monday, February 26th. Finally, Bank of America cut shares of Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 target price on the stock. in a research report on Monday.

Grupo Televisa, S.A.B. Price Performance

TV opened at $2.85 on Friday. The company has a quick ratio of 1.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.64. Grupo Televisa, S.A.B. has a 52-week low of $2.10 and a 52-week high of $5.41. The company has a 50 day moving average of $3.11 and a two-hundred day moving average of $2.96. The company has a market cap of $1.58 billion, a P/E ratio of -2.71 and a beta of 1.77.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its earnings results on Thursday, February 22nd. The company reported ($0.88) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.87). Grupo Televisa, S.A.B. had a negative return on equity of 7.36% and a negative net margin of 13.99%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period in the previous year, the firm posted ($1.27) earnings per share. On average, analysts expect that Grupo Televisa, S.A.B. will post 0.05 earnings per share for the current year.

Institutional Trading of Grupo Televisa, S.A.B.

Several institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp raised its holdings in Grupo Televisa, S.A.B. by 0.4% in the first quarter. Northern Trust Corp now owns 307,546 shares of the company’s stock valued at $3,599,000 after acquiring an additional 1,312 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Grupo Televisa, S.A.B. in the second quarter valued at $25,000. Mercer Global Advisors Inc. ADV raised its holdings in Grupo Televisa, S.A.B. by 20.7% in the first quarter. Mercer Global Advisors Inc. ADV now owns 20,868 shares of the company’s stock valued at $110,000 after acquiring an additional 3,578 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 20.7% during the third quarter. Signaturefd LLC now owns 22,889 shares of the company’s stock worth $70,000 after purchasing an additional 3,926 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in shares of Grupo Televisa, S.A.B. by 181.1% during the second quarter. PNC Financial Services Group Inc. now owns 6,409 shares of the company’s stock worth $33,000 after purchasing an additional 4,129 shares during the period. 55.77% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking Mexico and internationally. 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 services, as well as sales 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.