Grupo Televisa, S.A.B. (TV) Set to Announce Quarterly Earnings on Thursday

Grupo Televisa, S.A.B. (NYSE:TV) will be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Grupo Televisa, S.A.B. (NYSE:TV) last announced 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). The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. Grupo Televisa, S.A.B. had a negative net margin of 13.99% and a negative return on equity of 7.36%. During the same quarter last year, the company posted ($1.27) EPS. On average, analysts expect Grupo Televisa, S.A.B. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE:TV opened at $2.90 on Thursday. The business’s fifty day moving average price is $3.11 and its two-hundred day moving average price is $2.96. The stock has a market cap of $1.61 billion, a PE ratio of -2.76 and a beta of 1.77. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.73 and a current ratio of 1.76. Grupo Televisa, S.A.B. has a one year low of $2.10 and a one year high of $5.41.

Analyst Upgrades and Downgrades

TV has been the topic of a number of recent analyst reports. Bank of America lowered Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 price target on the stock. in a research note on Monday. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $4.00 price target (down previously from $7.00) on shares of Grupo Televisa, S.A.B. in a research note on Friday, January 5th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, Grupo Televisa, S.A.B. presently has an average rating of “Hold” and a consensus price target of $5.28.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. AQR Capital Management LLC grew its stake in shares of Grupo Televisa, S.A.B. by 273.0% during the first quarter. AQR Capital Management LLC now owns 9,265,838 shares of the company’s stock valued at $49,016,000 after acquiring an additional 6,781,893 shares in the last quarter. Gamco Investors INC. ET AL grew its stake in shares of Grupo Televisa, S.A.B. by 8.7% during the second quarter. Gamco Investors INC. ET AL now owns 8,815,997 shares of the company’s stock valued at $45,226,000 after acquiring an additional 705,518 shares in the last quarter. Nuveen Asset Management LLC grew its stake in shares of Grupo Televisa, S.A.B. by 15.1% during the second quarter. Nuveen Asset Management LLC now owns 8,810,312 shares of the company’s stock valued at $45,197,000 after acquiring an additional 1,152,924 shares in the last quarter. Gabelli Funds LLC grew its stake in shares of Grupo Televisa, S.A.B. by 9.1% during the first quarter. Gabelli Funds LLC now owns 4,917,700 shares of the company’s stock valued at $26,015,000 after acquiring an additional 409,100 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Grupo Televisa, S.A.B. by 11.7% during the third quarter. Royal Bank of Canada now owns 3,727,016 shares of the company’s stock valued at $11,367,000 after acquiring an additional 389,551 shares in the last quarter. 55.77% of the stock is owned by hedge funds and other institutional investors.

About Grupo Televisa, S.A.B.

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.