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

Shares of Grupo Televisa, S.A.B. (NYSE:TV) have been assigned a consensus rating of “Moderate Buy” from the four brokerages that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $5.67.

A number of analysts recently weighed in on TV shares. StockNews.com downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. The Goldman Sachs Group cut their target price on shares of Grupo Televisa, S.A.B. from $2.90 to $2.50 and set a “buy” rating on the stock in a report on Friday, November 15th. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a report on Thursday, November 14th. Finally, Benchmark dropped their price objective on Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets lifted its position in shares of Grupo Televisa, S.A.B. by 1,005,403.7% in the third quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company’s stock worth $695,000 after purchasing an additional 271,459 shares in the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in Grupo Televisa, S.A.B. during the 3rd quarter worth about $1,463,000. Thrivent Financial for Lutherans acquired a new position in shares of Grupo Televisa, S.A.B. during the 3rd quarter worth about $284,000. Central Pacific Bank Trust Division grew its holdings in shares of Grupo Televisa, S.A.B. by 66.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company’s stock valued at $42,000 after acquiring an additional 10,000 shares in the last quarter. Finally, PEAK6 Investments LLC acquired a new stake in shares of Grupo Televisa, S.A.B. in the third quarter valued at about $119,000. 55.77% of the stock is currently owned by institutional investors and hedge funds.

Grupo Televisa, S.A.B. Price Performance

Shares of TV stock opened at $1.97 on Friday. The firm’s 50 day moving average price is $2.02 and its two-hundred day moving average price is $2.18. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.43. Grupo Televisa, S.A.B. has a 52-week low of $1.66 and a 52-week high of $3.65. The stock has a market cap of $1.09 billion, a PE ratio of -2.77, a PEG ratio of 0.56 and a beta of 1.82.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. The business had revenue of $812.55 million for the quarter, compared to analyst estimates of $828.35 million. Grupo Televisa, S.A.B. had a negative return on equity of 5.68% and a negative net margin of 10.88%. As a group, analysts forecast that Grupo Televisa, S.A.B. will post 0.11 EPS for the current year.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. 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, as well as 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.