Grupo Televisa S.A. (NYSE:TV) Receives Consensus Rating of “Reduce” from Brokerages

Grupo Televisa S.A. (NYSE:TV) has earned an average rating of “Reduce” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average twelve-month price target among brokers that have covered the stock in the last year is $6.55.

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

Grupo Televisa Trading Up 0.4%

Shares of TV stock opened at $2.76 on Friday. Grupo Televisa has a 1 year low of $2.34 and a 1 year high of $3.49. The firm has a market capitalization of $1.47 billion, a PE ratio of -3.03, a price-to-earnings-growth ratio of 0.85 and a beta of 1.55. The stock has a fifty day moving average of $2.77 and a two-hundred day moving average of $2.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.38 and a current ratio of 2.40.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings results on Friday, July 24th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The company had revenue of $816.64 million during the quarter, compared to analyst estimates of $818.16 million. Grupo Televisa had a negative return on equity of 8.33% and a negative net margin of 15.28%. As a group, research analysts expect that Grupo Televisa will post 0.1 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Invesco Ltd. purchased a new stake in shares of Grupo Televisa during the 1st quarter worth about $96,000. Canada Pension Plan Investment Board acquired a new stake in shares of Grupo Televisa during the 2nd quarter valued at about $1,232,000. Banco BTG Pactual S.A. bought a new stake in shares of Grupo Televisa in the 2nd quarter valued at approximately $208,000. Jane Street Group LLC bought a new stake in shares of Grupo Televisa in the 2nd quarter valued at approximately $1,211,000. Finally, Bank of America Corp DE increased its holdings in Grupo Televisa by 36.8% in the second quarter. Bank of America Corp DE now owns 305,072 shares of the company’s stock worth $668,000 after buying an additional 82,118 shares during the last quarter. 55.77% of the stock is owned by institutional investors and hedge funds.

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.