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

Shares of Grupo Televisa, S.A.B. (NYSE:TV) have been assigned an average recommendation of “Moderate Buy” from the four brokerages that are currently covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $5.67.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TV. Sanctuary Advisors LLC bought a new position in shares of Grupo Televisa, S.A.B. during the second quarter valued at about $29,000. Central Pacific Bank Trust Division grew its stake in shares of Grupo Televisa, S.A.B. by 50.0% during the third quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company’s stock valued at $38,000 after buying an additional 5,000 shares during the last quarter. Ballentine Partners LLC grew its stake in shares of Grupo Televisa, S.A.B. by 23.3% during the second quarter. Ballentine Partners LLC now owns 31,381 shares of the company’s stock valued at $87,000 after buying an additional 5,939 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in shares of Grupo Televisa, S.A.B. during the third quarter valued at about $90,000. Finally, PEAK6 Investments LLC bought a new position in shares of Grupo Televisa, S.A.B. during the third quarter valued at about $119,000. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Trading Down 4.8 %

Shares of TV stock opened at $1.89 on Friday. 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 company has a market capitalization of $1.04 billion, a PE ratio of -2.65, a price-to-earnings-growth ratio of 0.56 and a beta of 1.82. The business’s fifty day moving average is $1.99 and its 200 day moving average is $2.18.

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

Grupo Televisa, S.A.B. Company Profile

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.