Grupo Televisa (NYSE:TV) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Grupo Televisa S.A. (NYSE:TV) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.89 and traded as high as $2.92. Grupo Televisa shares last traded at $2.8550, with a volume of 1,265,627 shares changing hands.

Analysts Set New Price Targets

Several research firms have recently weighed in on TV. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a research report on Wednesday, January 21st. Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Grupo Televisa in a research note on Tuesday, March 3rd. Finally, Zacks Research upgraded Grupo Televisa from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Grupo Televisa presently has a consensus rating of “Hold” and an average target price of $5.07.

Grupo Televisa Price Performance

The company has a debt-to-equity ratio of 0.84, a current ratio of 2.12 and a quick ratio of 2.11. The business’s fifty day moving average price is $3.10 and its 200-day moving average price is $2.89. The stock has a market capitalization of $1.52 billion, a price-to-earnings ratio of -3.21, a PEG ratio of 0.91 and a beta of 1.96.

Grupo Televisa (NYSE:TV) last posted its earnings results 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 8.56% and a negative net margin of 15.75%. On average, research analysts forecast that Grupo Televisa S.A. will post -0.07 EPS for the current year.

Institutional Investors Weigh In On Grupo Televisa

Several institutional investors have recently bought and sold shares of the stock. Invesco Ltd. purchased a new position in Grupo Televisa during the 1st quarter worth $96,000. Envestnet Asset Management Inc. lifted its position in shares of Grupo Televisa by 272.8% during the second quarter. Envestnet Asset Management Inc. now owns 134,168 shares of the company’s stock valued at $294,000 after purchasing an additional 98,180 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Grupo Televisa by 52.0% during the second quarter. JPMorgan Chase & Co. now owns 21,059,394 shares of the company’s stock worth $46,120,000 after purchasing an additional 7,204,072 shares during the last quarter. American Century Companies Inc. grew its position in Grupo Televisa by 42.7% in the 2nd quarter. American Century Companies Inc. now owns 2,056,691 shares of the company’s stock worth $4,504,000 after purchasing an additional 615,200 shares in the last quarter. Finally, Gamco Investors INC. ET AL increased its stake in Grupo Televisa by 3.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 18,551,819 shares of the company’s stock valued at $40,628,000 after buying an additional 605,393 shares during the last quarter. 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.