Grupo Televisa S.A. (NYSE:TV) Given Average Recommendation of “Hold” by Brokerages

Grupo Televisa S.A. (NYSE:TV) has been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $5.0667.

A number of equities research analysts recently weighed in on the company. Zacks Research downgraded Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Friday, December 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, October 8th. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Finally, UBS Group restated a “buy” rating on shares of Grupo Televisa in a research note on Monday, October 27th.

Hedge Funds Weigh In On Grupo Televisa

A number of hedge funds and other institutional investors have recently made changes to their positions in TV. Strid Group LLC acquired a new stake in shares of Grupo Televisa during the 3rd quarter valued at about $27,000. Vanguard Personalized Indexing Management LLC acquired a new position in Grupo Televisa in the third quarter worth about $28,000. TD Private Client Wealth LLC lifted its stake in Grupo Televisa by 68.8% during the third quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock worth $29,000 after purchasing an additional 4,355 shares during the period. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa during the second quarter valued at approximately $29,000. Finally, Assetmark Inc. bought a new stake in shares of Grupo Televisa in the 2nd quarter valued at approximately $34,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa Price Performance

NYSE:TV opened at $2.98 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.31 and a quick ratio of 2.29. Grupo Televisa has a one year low of $1.55 and a one year high of $3.36. The company has a fifty day moving average price of $2.90 and a 200 day moving average price of $2.65. The stock has a market cap of $1.68 billion, a P/E ratio of -2.95, a PEG ratio of 1.16 and a beta of 1.95.

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

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.