Grupo Televisa S.A. (NYSE:TV) Receives $5.23 Consensus PT from Analysts

Grupo Televisa S.A. (NYSE:TV) has earned an average recommendation of “Reduce” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $6.55.

Several brokerages have recently weighed in on TV. Wall Street Zen cut shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. UBS Group cut their price target on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating for the company in a report on Monday, July 6th. New Street Research downgraded Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Friday, July 17th.

Grupo Televisa Trading Up 2.5%

Grupo Televisa stock opened at $2.90 on Tuesday. Grupo Televisa has a 52-week low of $2.27 and a 52-week high of $3.49. The company has a market cap of $1.54 billion, a P/E ratio of -3.19, a P/E/G ratio of 0.63 and a beta of 1.55. 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 business has a 50-day simple moving average of $2.77 and a two-hundred day simple moving average of $2.93.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings data on Friday, July 24th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 return on equity of 8.33% and a negative net margin of 15.28%. Analysts predict that Grupo Televisa will post 0.13 EPS for the current year.

Insider Activity at Grupo Televisa

In other Grupo Televisa news, Director Viadero Salvi Rafael Folch sold 200,003 shares of the company’s stock in a transaction that occurred on Monday, May 25th. The stock was sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the transaction, the director directly owned 32,997 shares in the company, valued at $18,478.32. This represents a 85.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total transaction of $66,405.00. Following the transaction, the director owned 116,500 shares of the company’s stock, valued at approximately $66,405. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 349,500 shares of company stock valued at $196,885 over the last 90 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TV. Evergreen Capital Management LLC bought a new stake in shares of Grupo Televisa in the second quarter worth about $29,000. SmartHarvest Portfolios LLC bought a new position in Grupo Televisa during the first quarter valued at approximately $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Grupo Televisa during the fourth quarter valued at approximately $32,000. AXQ Capital LP purchased a new position in Grupo Televisa during the 4th quarter valued at approximately $35,000. Finally, Aigen Investment Management LP purchased a new position in Grupo Televisa during the 4th quarter valued at approximately $38,000. Institutional investors own 55.77% of the company’s stock.

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.