Analysts Set Grupo Televisa S.A. (NYSE:TV) Target Price at $5.07

Shares of Grupo Televisa S.A. (NYSE:TV) have earned an average recommendation of “Hold” from the six analysts that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $5.0667.

A number of equities research analysts have recently issued reports on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Benchmark reissued a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd.

Institutional Investors Weigh In On Grupo Televisa

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its stake in Grupo Televisa by 21.8% during the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after buying an additional 4,888,475 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Grupo Televisa by 10.4% during the 4th quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after acquiring an additional 1,975,268 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Grupo Televisa by 32.9% during the 2nd quarter. Acadian Asset Management LLC now owns 10,222,182 shares of the company’s stock worth $22,376,000 after acquiring an additional 2,533,311 shares during the period. Gabelli Funds LLC boosted its position in shares of Grupo Televisa by 9.8% during the 4th quarter. Gabelli Funds LLC now owns 7,686,600 shares of the company’s stock worth $22,368,000 after acquiring an additional 687,500 shares in the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Grupo Televisa by 42.7% during the 2nd quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock worth $4,504,000 after acquiring an additional 615,200 shares in the last quarter. Institutional investors own 55.77% of the company’s stock.

Grupo Televisa Stock Performance

NYSE TV opened at $2.95 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.11 and a current ratio of 2.12. The firm has a 50-day moving average of $3.12 and a 200-day moving average of $2.88. Grupo Televisa has a 52-week low of $1.55 and a 52-week high of $3.49.

Grupo Televisa (NYSE:TV) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.78) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.77). The company had revenue of $794.82 million during the quarter, compared to analyst estimates of $799.01 million. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. On average, research analysts forecast that Grupo Televisa will post -0.07 earnings per share for the current fiscal year.

Grupo Televisa Company Profile

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.