Grupo Televisa S.A. (NYSE:TV) Receives Consensus Rating of “Reduce” from Analysts

Shares of Grupo Televisa S.A. (NYSE:TV) have received an average rating of “Reduce” from the seven research firms that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $5.2333.

TV has been the topic of a number of recent analyst reports. UBS Group dropped their price target on Grupo Televisa from $3.20 to $3.10 and set a “neutral” rating on the stock in a report on Monday, July 6th. Wall Street Zen downgraded Grupo Televisa from a “buy” rating to a “hold” rating in a research note on Saturday. New Street Research lowered Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 17th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a research note on Friday, July 17th.

Insider Activity at Grupo Televisa

In other Grupo Televisa news, Director Viadero Salvi Rafael Folch sold 200,003 shares of Grupo Televisa stock in a transaction dated Monday, May 25th. The shares were sold at an average price of $0.56, for a total value of $112,001.68. Following the sale, the director owned 32,997 shares of the company’s stock, valued at approximately $18,478.32. The trade was a 85.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Dahlhaus Jean Michel Enriquez sold 116,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $0.57, for a total transaction of $66,405.00. Following the completion of the transaction, the director owned 116,500 shares in the company, valued at approximately $66,405. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 574,500 shares of company stock worth $325,135.

Institutional Investors Weigh In On Grupo Televisa

Several large investors have recently modified their holdings of TV. Evergreen Capital Management LLC bought a new stake in shares of Grupo Televisa in the 2nd quarter worth approximately $29,000. SmartHarvest Portfolios LLC purchased a new stake in Grupo Televisa in the first quarter worth $30,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Grupo Televisa in the fourth quarter worth $32,000. AXQ Capital LP purchased a new stake in Grupo Televisa in the fourth quarter worth $35,000. Finally, Aigen Investment Management LP bought a new stake in shares of Grupo Televisa in the fourth quarter valued at $38,000. Hedge funds and other institutional investors own 55.77% of the company’s stock.

Grupo Televisa Price Performance

Grupo Televisa stock opened at $2.81 on Tuesday. Grupo Televisa has a 52 week low of $2.27 and a 52 week high of $3.49. The company’s 50 day moving average price is $2.77 and its two-hundred day moving average price is $2.94. The company has a quick ratio of 2.38, a current ratio of 2.40 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.49 billion, a P/E ratio of -3.08, a P/E/G ratio of 0.62 and a beta of 1.55.

Grupo Televisa (NYSE:TV) last announced its earnings results on Friday, July 24th. The company reported ($0.05) earnings per share 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 analysts’ expectations of $818.16 million. Grupo Televisa had a negative return on equity of 8.33% and a negative net margin of 15.28%. On average, equities analysts predict that Grupo Televisa will post 0.13 earnings per share for the current year.

About Grupo Televisa

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.