Grupo Televisa SAB (TV) Reaches New 1-Year Low at $9.20

Grupo Televisa SAB (NYSE:TV)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.20 and last traded at $9.30, with a volume of 89163 shares changing hands. The stock had previously closed at $9.53.

Several equities analysts recently issued reports on TV shares. Citigroup raised shares of Grupo Televisa SAB from a “neutral” rating to a “buy” rating in a research note on Thursday, January 31st. JPMorgan Chase & Co. reduced their price objective on shares of Grupo Televisa SAB from $17.00 to $15.00 and set an “overweight” rating on the stock in a research note on Monday, March 18th. Scotiabank raised shares of Grupo Televisa SAB from an “underperform” rating to a “sector perform” rating and dropped their price target for the stock from $14.00 to $13.00 in a research report on Wednesday, January 23rd. Finally, Zacks Investment Research raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research report on Wednesday, February 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. Grupo Televisa SAB presently has an average rating of “Buy” and a consensus target price of $20.00.

The stock has a market capitalization of $5.68 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of 1.00 and a beta of 1.06. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.46 and a current ratio of 1.48.

Grupo Televisa SAB (NYSE:TV) last released its quarterly earnings data on Thursday, February 21st. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.13). Grupo Televisa SAB had a return on equity of 5.75% and a net margin of 5.94%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.34 billion. On average, research analysts anticipate that Grupo Televisa SAB will post 0.56 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc grew its holdings in Grupo Televisa SAB by 5.6% during the 3rd quarter. Vanguard Group Inc now owns 137,359 shares of the company’s stock valued at $2,437,000 after purchasing an additional 7,243 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Grupo Televisa SAB by 63.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,010,593 shares of the company’s stock valued at $88,888,000 after purchasing an additional 1,941,037 shares in the last quarter. Deutsche Bank AG grew its holdings in Grupo Televisa SAB by 185.0% during the 4th quarter. Deutsche Bank AG now owns 847,230 shares of the company’s stock valued at $10,658,000 after purchasing an additional 549,976 shares in the last quarter. Bank of Montreal Can grew its holdings in Grupo Televisa SAB by 407,831.4% during the 4th quarter. Bank of Montreal Can now owns 208,045 shares of the company’s stock valued at $2,618,000 after purchasing an additional 207,994 shares in the last quarter. Finally, Newfoundland Capital Management acquired a new stake in Grupo Televisa SAB during the 4th quarter valued at $2,956,000. 49.72% of the stock is owned by institutional investors.

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About Grupo Televisa SAB (NYSE:TV)

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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