Grupo Televisa (NYSE:TV) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Grupo Televisa S.A. (NYSE:TV) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.89 and traded as high as $2.92. Grupo Televisa shares last traded at $2.8550, with a volume of 1,265,627 shares traded.

Wall Street Analyst Weigh In

TV has been the topic of a number of analyst reports. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Grupo Televisa presently has an average rating of “Hold” and a consensus target price of $5.07.

Grupo Televisa Stock Down 0.5%

The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.11 and a current ratio of 2.12. The stock’s fifty day simple moving average is $3.10 and its two-hundred day simple moving average is $2.89. The stock has a market capitalization of $1.52 billion, a P/E ratio of -3.21, a price-to-earnings-growth ratio of 0.91 and a beta of 1.96.

Grupo Televisa (NYSE:TV) last released its quarterly earnings results on Saturday, February 14th. The company reported ($0.80) earnings per share (EPS) for the quarter. Grupo Televisa had a negative net margin of 15.75% and a negative return on equity of 8.56%. The business had revenue of $807.20 million for the quarter. As a group, research analysts expect that Grupo Televisa S.A. will post -0.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa

A number of institutional investors have recently made changes to their positions in the stock. Strid Group LLC bought a new position in shares of Grupo Televisa during the third quarter worth about $27,000. Vanguard Personalized Indexing Management LLC bought a new stake in Grupo Televisa in the third quarter valued at approximately $28,000. TD Private Client Wealth LLC boosted its holdings 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 valued at $29,000 after acquiring an additional 4,355 shares during the last quarter. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa during the 2nd quarter valued at approximately $29,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Grupo Televisa during the 4th quarter valued at approximately $32,000. Institutional investors own 55.77% of the company’s stock.

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.