Grupo Televisa, S.A.B. (NYSE:TV) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Grupo Televisa, S.A.B. (NYSE:TV) have been given a consensus rating of “Moderate Buy” by the six analysts that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $5.52.

A number of research analysts have weighed in on TV shares. The Goldman Sachs Group cut their price objective on shares of Grupo Televisa, S.A.B. from $3.90 to $3.50 and set a “buy” rating on the stock in a research report on Wednesday, December 13th. Morgan Stanley restated an “equal weight” rating and issued a $4.00 price target (down from $7.00) on shares of Grupo Televisa, S.A.B. in a report on Friday, January 5th. Finally, StockNews.com upgraded shares of Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a report on Monday, February 26th.

Grupo Televisa, S.A.B. Trading Up 0.3 %

TV stock opened at $3.09 on Wednesday. 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 twelve month low of $2.10 and a twelve month high of $5.66. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of -2.94 and a beta of 1.76. The firm’s fifty day simple moving average is $3.04 and its two-hundred day simple moving average is $2.97.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its quarterly earnings data on Thursday, February 22nd. The company reported ($0.88) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.87). Grupo Televisa, S.A.B. had a negative net margin of 13.99% and a negative return on equity of 7.36%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the firm earned ($1.27) EPS. As a group, analysts anticipate that Grupo Televisa, S.A.B. will post 0.1 earnings per share for the current year.

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

Hedge funds have recently added to or reduced their stakes in the business. Quantbot Technologies LP purchased a new stake in shares of Grupo Televisa, S.A.B. during the second quarter valued at about $25,000. Moors & Cabot Inc. purchased a new stake in shares of Grupo Televisa, S.A.B. during the third quarter valued at about $31,000. First Trust Direct Indexing L.P. purchased a new stake in shares of Grupo Televisa, S.A.B. during the third quarter valued at about $32,000. PNC Financial Services Group Inc. lifted its position 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 valued at $33,000 after buying an additional 4,129 shares during the last quarter. Finally, Ieq Capital LLC purchased a new stake in shares of Grupo Televisa, S.A.B. during the fourth quarter valued at about $37,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

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.