Grupo Televisa S.A. (NYSE:TV) Stock Has Consensus Target Price of $6.15 According to Analysts

Shares of Grupo Televisa S.A. (NYSE:TV) have received a consensus recommendation of “Reduce” from the six brokerages that are currently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $6.15.

Several research firms recently weighed in on TV. UBS Group cut their price target on shares of Grupo Televisa from $3.20 to $2.30 and set a “neutral” rating on the stock in a report on Wednesday, November 4th. Wall Street Zen lowered shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Sunday, November 8th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Thursday, October 15th. New Street Research raised shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 21st. Finally, Zacks Research cut shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th.

Institutional Investors Weigh In On Grupo Televisa

Several institutional investors and hedge funds have recently modified their holdings of TV. Gabelli Funds LLC boosted its stake in Grupo Televisa by 2.1% during the third quarter. Gabelli Funds LLC now owns 8,124,100 shares of the company’s stock worth $18,523,000 after acquiring an additional 169,343 shares in the last quarter. Marshall Wace LLP raised its stake in Grupo Televisa by 71.6% during the third quarter. Marshall Wace LLP now owns 3,593,545 shares of the company’s stock valued at $8,193,000 after buying an additional 1,499,475 shares during the last quarter. Barometer Capital Management Inc. boosted its holdings in Grupo Televisa by 5,216.5% in the first quarter. Barometer Capital Management Inc. now owns 451,900 shares of the company’s stock worth $1,315,000 after acquiring an additional 443,400 shares in the last quarter. Segall Bryant & Hamill LLC bought a new stake in Grupo Televisa in the first quarter worth $413,000. Finally, NewEdge Advisors LLC grew 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. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa Trading Up 0.2%

Grupo Televisa stock traded up $0.01 during mid-day trading on Thursday, hitting $2.23. 779,253 shares of the stock were exchanged, compared to its average volume of 1,214,811. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -3.55, a PEG ratio of 0.73 and a beta of 1.62. The company has a quick ratio of 2.06, a current ratio of 2.08 and a debt-to-equity ratio of 0.05. The firm’s fifty day simple moving average is $2.32 and its two-hundred day simple moving average is $2.75. Grupo Televisa has a 12 month low of $2.01 and a 12 month high of $3.49.

Grupo Televisa (NYSE:TV) last released its earnings results on Thursday, October 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.03 by $0.06. Grupo Televisa had a negative return on equity of 5.60% and a negative net margin of 10.39%. The business had revenue of $778.61 million during the quarter, compared to analysts’ expectations of $763.71 million. Analysts forecast that Grupo Televisa will post 0.09 EPS for the current year.

Grupo Televisa Company Profile

Grupo Televisa is a Mexican media and telecommunications company with operations focused on cable and pay-TV services. It provides customers with television programming, broadband internet and telephone services, including satellite television through Sky. The company traces its roots to Telesistema Mexicano, formed in 1955, and became Grupo Televisa in 1973. It built a long-standing presence in Mexican broadcasting and Spanish-language entertainment. Following the 2022 combination of Televisa’s content and media assets with Univision, the resulting TelevisaUnivision became a separate company.