Wall Street brokerages expect Grupo Televisa S.A. (NYSE:TV) to post earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Grupo Televisa’s earnings. Grupo Televisa reported earnings of $0.09 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 55.6%. The firm is scheduled to issue its next quarterly earnings results on Monday, October 30th.

On average, analysts expect that Grupo Televisa will report full year earnings of $0.62 per share for the current year, with EPS estimates ranging from $0.61 to $0.62. For the next year, analysts expect that the business will report earnings of $0.69 per share, with EPS estimates ranging from $0.60 to $0.78. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Grupo Televisa.

Grupo Televisa (NYSE:TV) last posted its quarterly earnings results on Monday, July 10th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.01. The firm had revenue of $1.25 billion for the quarter. Grupo Televisa had a return on equity of 4.62% and a net margin of 4.69%.

A number of brokerages have recently weighed in on TV. Morgan Stanley lowered Grupo Televisa from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $29.00 to $28.00 in a research report on Thursday. BidaskClub lowered Grupo Televisa from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Credit Suisse Group set a $27.00 price target on Grupo Televisa and gave the company a “hold” rating in a research report on Saturday, July 1st. HSBC Holdings plc upgraded Grupo Televisa from a “reduce” rating to a “hold” rating in a research report on Wednesday, May 24th. Finally, Zacks Investment Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $26.50.

Several large investors have recently added to or reduced their stakes in the stock. Independent Portfolio Consultants Inc. purchased a new stake in Grupo Televisa during the first quarter valued at $139,000. Quantbot Technologies LP purchased a new stake in Grupo Televisa during the first quarter valued at $158,000. Wetherby Asset Management Inc. purchased a new stake in Grupo Televisa during the first quarter valued at $215,000. D.A. Davidson & CO. raised its stake in Grupo Televisa by 14.8% in the second quarter. D.A. Davidson & CO. now owns 9,900 shares of the company’s stock valued at $241,000 after buying an additional 1,277 shares in the last quarter. Finally, High Pointe Capital Management LLC raised its stake in Grupo Televisa by 6.4% in the second quarter. High Pointe Capital Management LLC now owns 10,370 shares of the company’s stock valued at $253,000 after buying an additional 620 shares in the last quarter. Institutional investors own 61.16% of the company’s stock.

Grupo Televisa (NYSE TV) remained flat at $25.90 during trading on Monday. The company had a trading volume of 1,180,908 shares. Grupo Televisa has a 12-month low of $19.69 and a 12-month high of $27.89. The company has a market capitalization of $64.20 billion, a price-to-earnings ratio of 319.75 and a beta of 1.31. The stock’s 50 day moving average price is $25.89 and its 200 day moving average price is $25.01.

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Grupo Televisa Company Profile

Grupo Televisa, SAB. is a media company in the international entertainment business. The Company operates in four business segments: Content, Sky, Telecommunications, and Other Businesses. It operates four broadcast channels in Mexico City and has affiliated stations throughout the country. It produces pay-television channels with national and international feeds, throughout Latin America, the United States, Canada, Europe and Asia Pacific.

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