Analysts Set Grupo Televisa S.A. (NYSE:TV) Price Target at $4.70

Shares of Grupo Televisa S.A. (NYSE:TV) have received an average rating of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $4.70.

Several analysts have commented on TV shares. UBS Group boosted their target price on shares of Grupo Televisa from $2.40 to $2.50 and gave the stock a “neutral” rating in a research report on Tuesday, July 29th. Zacks Research downgraded shares of Grupo Televisa from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised shares of Grupo Televisa from a “neutral” rating to an “overweight” rating in a research report on Wednesday, August 27th. Finally, The Goldman Sachs Group downgraded shares of Grupo Televisa from a “buy” rating to a “neutral” rating and set a $2.60 target price for the company. in a research report on Friday, August 8th.

Institutional Trading of Grupo Televisa

A number of institutional investors and hedge funds have recently modified their holdings of TV. Bank of America Corp DE lifted its stake in shares of Grupo Televisa by 41.4% in the fourth quarter. Bank of America Corp DE now owns 222,202 shares of the company’s stock worth $373,000 after buying an additional 65,048 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Grupo Televisa in the fourth quarter worth $213,000. Signaturefd LLC lifted its stake in shares of Grupo Televisa by 72.7% in the first quarter. Signaturefd LLC now owns 16,085 shares of the company’s stock worth $28,000 after buying an additional 6,770 shares during the last quarter. Pinnacle Associates Ltd. lifted its stake in shares of Grupo Televisa by 38.6% in the first quarter. Pinnacle Associates Ltd. now owns 102,275 shares of the company’s stock worth $179,000 after buying an additional 28,500 shares during the last quarter. Finally, XTX Topco Ltd lifted its stake in shares of Grupo Televisa by 264.9% in the first quarter. XTX Topco Ltd now owns 43,728 shares of the company’s stock worth $77,000 after buying an additional 31,746 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa Stock Performance

Shares of TV opened at $2.41 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.33 and a current ratio of 2.35. The company has a market capitalization of $1.33 billion, a PE ratio of -3.21, a PEG ratio of 0.78 and a beta of 1.99. Grupo Televisa has a 52 week low of $1.55 and a 52 week high of $2.97. The company’s 50 day moving average price is $2.61 and its 200 day moving average price is $2.25.

Grupo Televisa (NYSE:TV) last posted its earnings results on Tuesday, July 22nd. The company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.06. The company had revenue of $787.59 million during the quarter, compared to the consensus estimate of $14.96 billion. Grupo Televisa had a negative net margin of 13.56% and a negative return on equity of 6.95%. Research analysts expect that Grupo Televisa will post -0.07 EPS for the current fiscal year.

Grupo Televisa Company Profile

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. 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, as well as 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.