Grupo Televisa S.A. (NYSE:TV) Receives $5.07 Consensus Target Price from Brokerages

Grupo Televisa S.A. (NYSE:TV) has received an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $5.0667.

Several equities analysts have recently issued reports on TV shares. Benchmark reiterated a “buy” rating on shares of Grupo Televisa in a report on Friday, January 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, January 21st. Zacks Research upgraded shares of Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Grupo Televisa in a report on Tuesday, March 3rd.

Hedge Funds Weigh In On Grupo Televisa

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in Grupo Televisa by 21.8% in the fourth quarter. JPMorgan Chase & Co. now owns 27,315,447 shares of the company’s stock worth $79,488,000 after buying an additional 4,888,475 shares during the last quarter. Gamco Investors INC. ET AL raised its holdings in Grupo Televisa by 10.4% in the fourth quarter. Gamco Investors INC. ET AL now owns 20,897,253 shares of the company’s stock worth $60,811,000 after buying an additional 1,975,268 shares during the last quarter. Marshall Wace LLP raised its holdings in Grupo Televisa by 732.1% in the fourth quarter. Marshall Wace LLP now owns 1,447,810 shares of the company’s stock worth $4,213,000 after buying an additional 1,273,818 shares during the last quarter. Man Group plc purchased a new position in Grupo Televisa in the second quarter worth about $2,291,000. Finally, Citadel Advisors LLC raised its holdings in Grupo Televisa by 921.3% in the third quarter. Citadel Advisors LLC now owns 1,083,641 shares of the company’s stock worth $2,915,000 after buying an additional 977,541 shares during the last quarter. 55.77% of the stock is currently owned by hedge funds and other institutional investors.

Grupo Televisa Stock Performance

Shares of TV opened at $2.93 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.12 and a quick ratio of 2.11. Grupo Televisa has a one year low of $1.55 and a one year high of $3.49. The company has a 50-day simple moving average of $3.06 and a two-hundred day simple moving average of $2.89. The firm has a market capitalization of $1.56 billion, a PE ratio of -3.29, a price-to-earnings-growth ratio of 0.93 and a beta of 1.87.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) EPS for the quarter. Grupo Televisa had a negative return on equity of 8.56% and a negative net margin of 15.75%.The company had revenue of $807.20 million during the quarter. On average, analysts anticipate that Grupo Televisa will post -0.07 EPS for the current fiscal year.

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.