Grupo Televisa S.A. (NYSE:TV) Given Consensus Rating of “Hold” by Analysts

Shares of Grupo Televisa S.A. (NYSE:TV) have earned a consensus rating of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $5.2667.

TV has been the topic of several research reports. UBS Group dropped their price target on Grupo Televisa from $3.70 to $3.20 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Wall Street Zen upgraded Grupo Televisa from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Grupo Televisa in a research report on Tuesday, March 3rd. Weiss Ratings restated a “sell (d-)” rating on shares of Grupo Televisa in a research report on Monday, April 20th. Finally, Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th.

Grupo Televisa Price Performance

Shares of TV stock opened at $2.82 on Thursday. The firm has a market cap of $1.50 billion, a P/E ratio of -3.48, a P/E/G ratio of 1.00 and a beta of 1.61. Grupo Televisa has a fifty-two week low of $1.86 and a fifty-two week high of $3.49. The business’s 50 day moving average price is $2.93 and its 200-day moving average price is $2.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.36 and a current ratio of 2.39.

Grupo Televisa (NYSE:TV) last issued its quarterly earnings data on Saturday, February 14th. The company reported ($0.80) earnings per share for the quarter. The business had revenue of $807.20 million during the quarter. Grupo Televisa had a negative return on equity of 7.65% and a negative net margin of 13.93%. On average, equities research analysts anticipate that Grupo Televisa will post 0.08 earnings per share for the current year.

Insider Activity at Grupo Televisa

In related news, Director Viadero Salvi Rafael Folch sold 44,500 shares of Grupo Televisa stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $0.57, for a total transaction of $25,365.00. Following the sale, the director directly owned 233,000 shares in the company, valued at $132,810. The trade was a 16.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Francisco Valim sold 225,000 shares of Grupo Televisa stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $0.57, for a total value of $128,250.00. Following the sale, the insider owned 225,000 shares in the company, valued at $128,250. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,413,084 shares of company stock valued at $811,109 over the last ninety days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TV. Vanguard Personalized Indexing Management LLC purchased a new position in Grupo Televisa during the third quarter valued at $28,000. Evergreen Capital Management LLC purchased a new position in Grupo Televisa during the second quarter valued at $29,000. SmartHarvest Portfolios LLC purchased a new position in Grupo Televisa during the first quarter valued at $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Grupo Televisa during the fourth quarter valued at $32,000. Finally, AXQ Capital LP purchased a new position in Grupo Televisa during the fourth quarter valued at $35,000. Hedge funds and other 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.