Grupo Televisa S.A. (NYSE:TV) Receives Average Rating of “Reduce” from Analysts

Shares of Grupo Televisa S.A. (NYSE:TV) have received a consensus rating of “Reduce” from the six brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $6.55.

A number of analysts recently commented on the stock. New Street Research cut shares of Grupo Televisa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 17th. Wall Street Zen cut shares of Grupo Televisa from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Friday, July 17th. Finally, UBS Group dropped their price objective on shares of Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a report on Monday, July 6th.

Insider Transactions at Grupo Televisa

In other Grupo Televisa news, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $0.57, for a total transaction of $66,405.00. Following the sale, the director owned 116,500 shares in the company, valued at approximately $66,405. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Viadero Salvi Rafael Folch sold 200,003 shares of the stock in a transaction dated Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the completion of the transaction, the director directly owned 32,997 shares in the company, valued at $18,478.32. This represents a 85.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 349,500 shares of company stock valued at $196,885.

Hedge Funds Weigh In On Grupo Televisa

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Evergreen Capital Management LLC acquired a new stake in Grupo Televisa during the 2nd quarter valued at approximately $29,000. SmartHarvest Portfolios LLC acquired a new stake in shares of Grupo Televisa in the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of Grupo Televisa during the fourth quarter worth $32,000. AXQ Capital LP purchased a new position in shares of Grupo Televisa during the fourth quarter worth $35,000. Finally, Aigen Investment Management LP acquired a new position in Grupo Televisa during the fourth quarter valued at $38,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

Grupo Televisa Trading Down 0.2%

Shares of NYSE:TV opened at $2.83 on Tuesday. The business’s 50-day moving average is $2.77 and its 200 day moving average is $2.93. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.40 and a quick ratio of 2.38. Grupo Televisa has a 1 year low of $2.27 and a 1 year high of $3.49. The firm has a market capitalization of $1.51 billion, a P/E ratio of -3.12, a P/E/G ratio of 0.63 and a beta of 1.55.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings results on Friday, July 24th. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). Grupo Televisa had a negative return on equity of 8.33% and a negative net margin of 15.28%.The business had revenue of $816.64 million for the quarter, compared to analysts’ expectations of $818.16 million. On average, research analysts predict that Grupo Televisa will post 0.13 earnings per share for the current fiscal 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.