Grupo Televisa S.A. (NYSE:TV) Stock Has Consensus Price Target of $6.55 According to Analysts

Shares of Grupo Televisa S.A. (NYSE:TV – Get Free Report) have been assigned a consensus rating of “Reduce” from the six ratings firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $6.55.

A number of equities research analysts have recently commented on the company. UBS Group lowered their target price on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a research note on Monday, July 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Grupo Televisa in a report on Thursday. Finally, Wall Street Zen lowered shares of Grupo Televisa from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st.

Read Our Latest Analysis on Grupo Televisa

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Barometer Capital Management Inc. increased its stake in shares of Grupo Televisa by 5,216.5% during the 1st quarter. Barometer Capital Management Inc. now owns 451,900 shares of the company’s stock worth $1,315,000 after purchasing an additional 443,400 shares during the last quarter. Segall Bryant & Hamill LLC bought a new stake in shares of Grupo Televisa in the 1st quarter worth approximately $413,000. Gabelli Funds LLC lifted its stake in Grupo Televisa by 1.7% in the first quarter. Gabelli Funds LLC now owns 7,819,600 shares of the company’s stock valued at $22,755,000 after purchasing an additional 133,000 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Grupo Televisa by 1,335.4% in the first quarter. NewEdge Advisors LLC now owns 134,869 shares of the company’s stock valued at $392,000 after purchasing an additional 125,473 shares during the last quarter. Finally, Lido Advisors LLC purchased a new position in Grupo Televisa in the first quarter valued at approximately $62,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa Stock Performance

Shares of Grupo Televisa stock opened at $2.48 on Friday. The business’s fifty day simple moving average is $2.52 and its 200 day simple moving average is $2.73. The company has a current ratio of 2.40, a quick ratio of 2.38 and a debt-to-equity ratio of 0.05. Grupo Televisa has a 12 month low of $2.18 and a 12 month high of $3.49. The firm has a market capitalization of $1.32 billion, a P/E ratio of -2.72, a price-to-earnings-growth ratio of 0.81 and a beta of 1.54.

Grupo Televisa (NYSE:TV – Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). The business had revenue of $816.64 million during the quarter, compared to the consensus estimate of $818.16 million. Grupo Televisa had a negative net margin of 15.28% and a negative return on equity of 8.33%. As a group, analysts anticipate that Grupo Televisa will post 0.09 EPS for the current year.

Grupo Televisa Company Profile

(Get Free Report)

Grupo Televisa, SAB. is a Mexican media and telecommunications company headquartered in Mexico City. Its principal operating businesses include izzi, which provides broadband internet, pay television, fixed-line telephone and related telecommunications services, and SKY México, a subscription-based satellite television provider. The company serves residential and business customers primarily in Mexico.

Televisa was formed in 1973 through the merger of Telesistema Mexicano and Televisión Independiente de México.

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Analyst Recommendations for Grupo Televisa (NYSE:TV)

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