Grupo Televisa (NYSE:TV) Hits New 12-Month Low – Time to Sell?

Grupo Televisa S.A. (NYSE:TV) shares reached a new 52-week low during trading on Monday. The company traded as low as $2.05 and last traded at $2.0740, with a volume of 128,438 shares traded. The stock had previously closed at $2.09.

Analysts Set New Price Targets

Several brokerages recently weighed in on TV. UBS Group decreased their target price on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating for the company in a research note on Monday, July 6th. Wall Street Zen upgraded shares of Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday. New Street Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 21st. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Thursday, October 15th. Finally, Zacks Research cut shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $6.55.

Grupo Televisa Stock Performance

The stock has a market cap of $1.09 billion, a P/E ratio of -3.23, a price-to-earnings-growth ratio of 0.68 and a beta of 1.62. The firm’s 50-day moving average is $2.42 and its two-hundred day moving average is $2.80. The company has a quick ratio of 2.38, a current ratio of 2.40 and a debt-to-equity ratio of 0.05.

Grupo Televisa (NYSE:TV) last posted its earnings results on Thursday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.06. The firm had revenue of $778.61 million during the quarter, compared to analysts’ expectations of $763.65 million. Grupo Televisa had a negative net margin of 10.39% and a negative return on equity of 5.73%. As a group, research analysts expect that Grupo Televisa S.A. will post 0.09 EPS for the current year.

Institutional Investors Weigh In On Grupo Televisa

Large investors have recently bought and sold shares of the business. NewEdge Advisors LLC raised its stake in shares of Grupo Televisa by 1,335.4% in the first quarter. NewEdge Advisors LLC now owns 134,869 shares of the company’s stock worth $392,000 after acquiring an additional 125,473 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in Grupo Televisa in the first quarter valued at about $413,000. Gabelli Funds LLC lifted its stake in Grupo Televisa by 1.7% in the first quarter. Gabelli Funds LLC now owns 7,819,600 shares of the company’s stock valued at $22,755,000 after buying an additional 133,000 shares during the period. Lido Advisors LLC bought a new position in Grupo Televisa during the first quarter worth about $62,000. Finally, Barometer Capital Management Inc. boosted its holdings in Grupo Televisa by 5,216.5% during the first quarter. Barometer Capital Management Inc. now owns 451,900 shares of the company’s stock worth $1,315,000 after buying an additional 443,400 shares during the last quarter. 55.77% of the stock is currently owned by institutional investors.

About Grupo Televisa

Grupo Televisa, SAB. is a Mexican media and telecommunications company headquartered in Mexico City. Its operations include pay television, broadband and fixed-line telecommunications services, primarily through its izzi brand, as well as satellite television services through Sky México. The company serves residential and commercial customers across Mexico.

Televisa also maintains interests in content and entertainment businesses. In 2022, it combined substantially all of its media and content assets with Univision to create TelevisaUnivision, a Spanish-language media company serving audiences in Mexico, the United States and other international markets.