Grupo Televisa (NYSE:TV) Shares Pass Above 200-Day Moving Average – Time to Sell?

Grupo Televisa S.A. (NYSE:TV)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.65 and traded as high as $3.00. Grupo Televisa shares last traded at $2.9550, with a volume of 961,806 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently issued reports on TV. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, October 8th. Zacks Research cut shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Friday, December 26th. UBS Group restated a “buy” rating on shares of Grupo Televisa in a report on Monday, October 27th. Finally, Benchmark reaffirmed a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $5.07.

Grupo Televisa Stock Performance

The stock has a market capitalization of $1.64 billion, a PE ratio of -2.93, a P/E/G ratio of 1.14 and a beta of 1.95. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.29 and a current ratio of 2.31. The firm’s 50 day moving average is $2.89 and its two-hundred day moving average is $2.65.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings results on Friday, October 24th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.22). Grupo Televisa had a negative return on equity of 9.49% and a negative net margin of 18.27%.The business had revenue of $798.55 million during the quarter, compared to analyst estimates of $14.66 billion. As a group, research analysts predict that Grupo Televisa S.A. will post -0.07 earnings per share for the current year.

Institutional Investors Weigh In On Grupo Televisa

Several large investors have recently bought and sold shares of the stock. Strid Group LLC purchased a new position in shares of Grupo Televisa in the 3rd quarter valued at about $27,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Grupo Televisa in the third quarter valued at approximately $28,000. TD Private Client Wealth LLC lifted its stake in Grupo Televisa by 68.8% in the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after acquiring an additional 4,355 shares during the last quarter. Diversified Trust Co. purchased a new position in Grupo Televisa in the fourth quarter worth approximately $38,000. Finally, Evergreen Capital Management LLC acquired a new position in Grupo Televisa during the 2nd quarter worth approximately $29,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

About Grupo Televisa

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.