Grupo Televisa, S.A.B. (NYSE:TV) Receives Average Rating of “Moderate Buy” from Analysts

Grupo Televisa, S.A.B. (NYSE:TV) has received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $5.52.

TV has been the subject of several research reports. Morgan Stanley reissued an “equal weight” rating and set a $4.00 price objective (down from $7.00) on shares of Grupo Televisa, S.A.B. in a research note on Friday, January 5th. StockNews.com raised Grupo Televisa, S.A.B. from a “sell” rating to a “hold” rating in a research note on Monday, February 26th.

Grupo Televisa, S.A.B. Price Performance

Shares of NYSE TV opened at $3.23 on Friday. Grupo Televisa, S.A.B. has a twelve month low of $2.10 and a twelve month high of $5.54. The company has a current ratio of 1.76, a quick ratio of 1.73 and a debt-to-equity ratio of 0.64. The firm has a 50-day moving average of $3.12 and a two-hundred day moving average of $2.96. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of -3.08 and a beta of 1.77.

Grupo Televisa, S.A.B. (NYSE:TV) last released its earnings results on Thursday, February 22nd. The company reported ($0.88) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.87). The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. Grupo Televisa, S.A.B. had a negative net margin of 13.99% and a negative return on equity of 7.36%. During the same period in the prior year, the company earned ($1.27) earnings per share. As a group, analysts expect that Grupo Televisa, S.A.B. will post 0.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Grupo Televisa, S.A.B.

Several hedge funds have recently bought and sold shares of the business. Quantbot Technologies LP acquired a new stake in shares of Grupo Televisa, S.A.B. during the 2nd quarter valued at $25,000. Moors & Cabot Inc. acquired a new stake in Grupo Televisa, S.A.B. during the third quarter valued at $31,000. First Trust Direct Indexing L.P. purchased a new position in Grupo Televisa, S.A.B. in the third quarter valued at about $32,000. PNC Financial Services Group Inc. increased its position in Grupo Televisa, S.A.B. by 181.1% in the 2nd quarter. PNC Financial Services Group Inc. now owns 6,409 shares of the company’s stock worth $33,000 after purchasing an additional 4,129 shares during the last quarter. Finally, Ieq Capital LLC purchased a new stake in shares of Grupo Televisa, S.A.B. during the 4th quarter worth about $37,000. 55.77% of the stock is owned by hedge funds and other institutional investors.

Grupo Televisa, S.A.B. Company Profile

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking Mexico and internationally. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription services, as well as sales local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.