Grupo Televisa S.A. (NYSE:TV) Receives Average Recommendation of “Hold” from Analysts

Grupo Televisa S.A. (NYSE:TV) has been given an average rating of “Hold” by the five analysts that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $4.70.

TV has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised Grupo Televisa from a “neutral” rating to an “overweight” rating in a report on Wednesday, August 27th. The Goldman Sachs Group cut Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 target price for the company. in a report on Friday, August 8th. UBS Group increased their target price on Grupo Televisa from $2.40 to $2.50 and gave the stock a “neutral” rating in a report on Tuesday, July 29th. Zacks Research cut Grupo Televisa from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Finally, Benchmark raised their price target on Grupo Televisa from $7.00 to $9.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd.

Institutional Investors Weigh In On Grupo Televisa

A number of hedge funds and other institutional investors have recently bought and sold shares of TV. Signaturefd LLC increased its holdings in Grupo Televisa by 72.7% during the 1st quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock valued at $28,000 after purchasing an additional 6,770 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa during the 2nd quarter valued at $29,000. Assetmark Inc. acquired a new stake in Grupo Televisa during the 2nd quarter valued at $34,000. R Squared Ltd increased its holdings in Grupo Televisa by 405.9% during the 1st quarter. R Squared Ltd now owns 21,400 shares of the company’s stock valued at $37,000 after purchasing an additional 17,170 shares in the last quarter. Finally, Vident Advisory LLC increased its holdings in Grupo Televisa by 114.8% during the 1st 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 in the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

Grupo Televisa Trading Up 3.8%

Shares of TV opened at $2.88 on Friday. Grupo Televisa has a 1 year low of $1.55 and a 1 year high of $2.97. 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 stock has a 50 day simple moving average of $2.48 and a 200-day simple moving average of $2.13. The stock has a market cap of $1.59 billion, a PE ratio of -3.83, a PEG ratio of 2.89 and a beta of 1.97.

Grupo Televisa (NYSE:TV) last issued its earnings results on Tuesday, July 22nd. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.06. Grupo Televisa had a negative return on equity of 6.95% and a negative net margin of 13.56%.The business had revenue of $787.59 million during the quarter, compared to analysts’ expectations of $14.96 billion. On average, sell-side analysts predict that Grupo Televisa will post -0.07 EPS for the current fiscal 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.