Analysts Set Grupo Televisa, S.A.B. (NYSE:TV) PT at $5.52

Grupo Televisa, S.A.B. (NYSE:TV) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $5.28.

A number of analysts have issued reports on TV shares. Bank of America downgraded Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 target price for the company. in a research note on Monday. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a report on Monday, February 26th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $4.00 target price (down previously from $7.00) on shares of Grupo Televisa, S.A.B. in a report on Friday, January 5th.

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

A number of hedge funds have recently bought and sold shares of TV. Quantbot Technologies LP bought a new stake in shares of Grupo Televisa, S.A.B. during the second quarter worth $25,000. Moors & Cabot Inc. acquired a new position in Grupo Televisa, S.A.B. in the 3rd quarter worth $31,000. First Trust Direct Indexing L.P. acquired a new stake in Grupo Televisa, S.A.B. in the 3rd quarter valued at approximately $32,000. PNC Financial Services Group Inc. lifted its position in shares of Grupo Televisa, S.A.B. by 181.1% in the second quarter. PNC Financial Services Group Inc. now owns 6,409 shares of the company’s stock worth $33,000 after purchasing an additional 4,129 shares in the last quarter. Finally, Ieq Capital LLC bought a new position in shares of Grupo Televisa, S.A.B. in the 4th quarter valued at about $37,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Trading Down 3.8 %

Shares of NYSE TV opened at $3.04 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.76 and a quick ratio of 1.73. The stock has a market capitalization of $1.68 billion, a P/E ratio of -2.90 and a beta of 1.77. The business has a fifty day moving average price of $3.12 and a 200 day moving average price of $2.96. Grupo Televisa, S.A.B. has a 1-year low of $2.10 and a 1-year high of $5.41.

Grupo Televisa, S.A.B. (NYSE:TV) last issued its earnings results on Thursday, February 22nd. The company reported ($0.88) EPS 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 during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the company earned ($1.27) EPS. Equities research analysts expect that Grupo Televisa, S.A.B. will post 0.1 EPS for the current fiscal year.

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.