Brokerages Set Grupo Televisa, S.A.B. (NYSE:TV) Price Target at $5.25

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 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 target among brokerages that have issued a report on the stock in the last year is $5.67.

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lowered shares of Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research note on Thursday, November 14th. StockNews.com cut 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 dropped 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. Finally, Benchmark reduced their price objective on Grupo Televisa, S.A.B. from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday, October 24th.

Grupo Televisa, S.A.B. Trading Down 1.1 %

Shares of NYSE TV opened at $1.73 on Friday. The company has a quick ratio of 2.41, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. Grupo Televisa, S.A.B. has a 12 month low of $1.66 and a 12 month high of $3.65. The company has a market cap of $958.07 million, a price-to-earnings ratio of -2.44, a P/E/G ratio of 0.56 and a beta of 1.82. The business has a fifty day simple moving average of $2.03 and a 200-day simple moving average of $2.20.

Grupo Televisa, S.A.B. (NYSE:TV) last posted its quarterly earnings data on Thursday, October 24th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.04. The company had revenue of $812.55 million during the quarter, compared to analyst estimates of $828.35 million. Grupo Televisa, S.A.B. had a negative net margin of 10.88% and a negative return on equity of 5.68%. Sell-side analysts predict that Grupo Televisa, S.A.B. will post 0.11 EPS for the current year.

Institutional Trading of Grupo Televisa, S.A.B.

Institutional investors have recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new position in Grupo Televisa, S.A.B. during the second quarter valued at approximately $29,000. Central Pacific Bank Trust Division increased its stake in shares of Grupo Televisa, S.A.B. by 50.0% during the 3rd quarter. Central Pacific Bank Trust Division now owns 15,000 shares of the company’s stock worth $38,000 after purchasing an additional 5,000 shares during the last quarter. Ballentine Partners LLC raised its holdings in shares of Grupo Televisa, S.A.B. by 23.3% during the 2nd quarter. Ballentine Partners LLC now owns 31,381 shares of the company’s stock valued at $87,000 after purchasing an additional 5,939 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new stake in shares of Grupo Televisa, S.A.B. in the 3rd quarter valued at $90,000. Finally, PEAK6 Investments LLC bought a new stake in Grupo Televisa, S.A.B. in the third quarter worth $119,000. Institutional investors and hedge funds own 55.77% of the company’s stock.

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.