Grupo Televisa (NYSE:TV) Sets New 52-Week High – Should You Buy?
by Amy Steele · The Cerbat GemGrupo Televisa S.A. (NYSE:TV – Get Free Report)’s share price hit a new 52-week high on Thursday . The company traded as high as $3.41 and last traded at $3.4220, with a volume of 517990 shares changing hands. The stock had previously closed at $3.27.
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. UBS Group reiterated a “buy” rating on shares of Grupo Televisa in a research report on Monday, October 27th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Grupo Televisa in a report on Wednesday, October 8th. Zacks Research lowered Grupo Televisa from a “hold” rating to a “strong sell” rating in a research report on Friday, December 26th. Finally, Benchmark restated a “buy” rating on shares of Grupo Televisa in a research report on Friday, January 2nd. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.07.
Get Our Latest Research Report on Grupo Televisa
Grupo Televisa Stock Up 5.4%
The firm has a market cap of $1.74 billion, a P/E ratio of -3.41, a price-to-earnings-growth ratio of 1.21 and a beta of 1.95. The firm’s 50 day moving average is $2.91 and its two-hundred day moving average is $2.68. The company has a current ratio of 2.31, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03.
Grupo Televisa (NYSE:TV – Get Free Report) last posted its earnings results on Friday, October 24th. The company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.22). The firm had revenue of $798.55 million during the quarter, compared to analyst estimates of $14.66 billion. Grupo Televisa had a negative return on equity of 9.49% and a negative net margin of 18.27%. As a group, research analysts anticipate that Grupo Televisa S.A. will post -0.07 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TV. Strid Group LLC bought a new stake in shares of Grupo Televisa in the third quarter worth about $27,000. Vanguard Personalized Indexing Management LLC bought a new position in shares of Grupo Televisa during the 3rd quarter valued at about $28,000. TD Private Client Wealth LLC grew its position in shares of Grupo Televisa by 68.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 10,685 shares of the company’s stock valued at $29,000 after purchasing an additional 4,355 shares during the period. Diversified Trust Co. acquired a new position in shares of Grupo Televisa in the 4th quarter valued at approximately $38,000. Finally, Evergreen Capital Management LLC bought a new stake in Grupo Televisa during the 2nd quarter worth approximately $29,000. 55.77% of the stock is owned by institutional investors and hedge funds.
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.