Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Grupo Televisa (TV) Share Price
News headlines about Grupo Televisa (NYSE:TV) have trended somewhat positive on Wednesday, Accern reports. Accern scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Grupo Televisa earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.9661611879799 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
TV has been the subject of a number of analyst reports. HSBC Holdings plc raised Grupo Televisa from a “reduce” rating to a “hold” rating in a research note on Wednesday, May 24th. ValuEngine raised Grupo Televisa from a “sell” rating to a “hold” rating in a research note on Wednesday, May 17th. BidaskClub downgraded Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday. Zacks Investment Research raised Grupo Televisa from a “strong sell” rating to a “hold” rating in a research note on Saturday, April 29th. Finally, Credit Suisse Group set a $27.00 target price on Grupo Televisa and gave the stock a “hold” rating in a research note on Saturday, July 1st. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $26.00.
Grupo Televisa (TV) traded down 0.42% during midday trading on Wednesday, hitting $26.20. The company had a trading volume of 2,054,363 shares. The stock has a market cap of $64.94 billion, a price-to-earnings ratio of 323.46 and a beta of 1.31. The company’s 50 day moving average is $25.59 and its 200 day moving average is $24.82. Grupo Televisa has a 12-month low of $19.69 and a 12-month high of $27.89.
Grupo Televisa (NYSE:TV) last released its quarterly earnings results on Monday, July 10th. The company reported $0.13 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.01. The company 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%. On average, equities analysts anticipate that Grupo Televisa will post $0.70 EPS for the current fiscal year.
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About Grupo Televisa
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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