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

Shares of Grupo Televisa, S.A.B. (NYSE:TVGet Rating) have received a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $11.08.

TV has been the subject of a number of research analyst reports. StockNews.com downgraded Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Friday, October 28th. JPMorgan Chase & Co. dropped their price target on Grupo Televisa, S.A.B. from $10.00 to $8.50 and set an “overweight” rating for the company in a research report on Thursday, November 3rd. Bank of America downgraded Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $6.50 price target for the company. in a research report on Tuesday, November 29th. Finally, Credit Suisse Group upgraded Grupo Televisa, S.A.B. from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 30th.

Hedge Funds Weigh In On Grupo Televisa, S.A.B.

Large investors have recently bought and sold shares of the stock. Quantbot Technologies LP purchased a new position in Grupo Televisa, S.A.B. in the 2nd quarter worth approximately $25,000. US Bancorp DE increased its stake in Grupo Televisa, S.A.B. by 71.1% in the 2nd quarter. US Bancorp DE now owns 4,647 shares of the company’s stock worth $38,000 after purchasing an additional 1,931 shares during the period. Citigroup Inc. purchased a new position in Grupo Televisa, S.A.B. in the 1st quarter worth approximately $111,000. Quadrant Capital Group LLC increased its stake in shares of Grupo Televisa, S.A.B. by 771.6% during the third quarter. Quadrant Capital Group LLC now owns 9,779 shares of the company’s stock valued at $53,000 after buying an additional 8,657 shares during the period. Finally, Capstone Financial Advisors Inc. purchased a new position in shares of Grupo Televisa, S.A.B. during the second quarter valued at approximately $82,000. 56.61% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa, S.A.B. Stock Down 0.3 %

Shares of NYSE TV opened at $5.72 on Friday. Grupo Televisa, S.A.B. has a 52 week low of $4.47 and a 52 week high of $11.90. The business has a 50-day simple moving average of $5.14 and a two-hundred day simple moving average of $6.01. The company has a quick ratio of 2.31, a current ratio of 2.36 and a debt-to-equity ratio of 0.05. The company has a market cap of $3.20 billion, a P/E ratio of 1.10, a P/E/G ratio of 6.53 and a beta of 1.33.

Grupo Televisa, S.A.B. (NYSE:TVGet Rating) last issued its earnings results on Friday, October 28th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.02). Grupo Televisa, S.A.B. had a return on equity of 3.12% and a net margin of 70.08%. The company had revenue of $951.77 million during the quarter, compared to the consensus estimate of $912.35 million. Research analysts anticipate that Grupo Televisa, S.A.B. will post 0.32 earnings per share for the current fiscal year.

Grupo Televisa, S.A.B. Company Profile

(Get Rating)

Grupo Televisa SAB engages in the provision of media products and services. It operates through the following segments: Content, Sky, Cable, and Other Businesses. The Content segment includes advertising, network subscription revenue and licensing and syndication. The Sky segment includes direct-to-home satellite television system.

Further Reading

Analyst Recommendations for Grupo Televisa, S.A.B. (NYSE:TV)

Receive News & Ratings for Grupo Televisa S.A.B. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grupo Televisa S.A.B. and related companies with MarketBeat.com's FREE daily email newsletter.