Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.90) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.91), Zacks reports. Grupo Televisa, S.A.B. had a negative return on equity of 5.68% and a negative net margin of 10.88%.
Grupo Televisa, S.A.B. Stock Down 0.2 %
NYSE:TV traded down $0.01 during trading hours on Thursday, reaching $2.07. The company's stock had a trading volume of 2,899,475 shares, compared to its average volume of 2,325,590. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41. The company has a market cap of $1.14 billion, a price-to-earnings ratio of -2.91 and a beta of 1.83. Grupo Televisa, S.A.B. has a one year low of $1.66 and a one year high of $3.64. The business's 50-day moving average is $1.87 and its 200-day moving average is $2.06.
Analysts Set New Price Targets
A number of brokerages have issued reports on TV. The Goldman Sachs Group lowered their price target on shares of Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating on the stock in a report on Tuesday, January 28th. Benchmark restated a "buy" rating and issued a $8.00 target price on shares of Grupo Televisa, S.A.B. in a research note on Tuesday, February 11th. JPMorgan Chase & Co. downgraded Grupo Televisa, S.A.B. from an "overweight" rating to a "neutral" rating in a research note on Thursday, November 14th. Finally, StockNews.com lowered Grupo Televisa, S.A.B. from a "buy" rating to a "hold" rating in a report on Thursday, November 28th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $4.57.
View Our Latest Report on TV
Grupo Televisa, S.A.B. Company Profile
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Grupo Televisa, S.A.B., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Grupo Televisa, S.A.B. wasn't on the list.
While Grupo Televisa, S.A.B. currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
