Grupo Televisa, S.A.B. (NYSE:TV) Reaches New 1-Year Low - Time to Sell?

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report)'s share price hit a new 52-week low on Friday . The stock traded as low as $1.63 and last traded at $1.64, with a volume of 543096 shares trading hands. The stock had previously closed at $1.75.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TV. Benchmark restated a "buy" rating and issued a $7.00 target price (down from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. The Goldman Sachs Group decreased their target price on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a "buy" rating for the company in a research report on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Grupo Televisa, S.A.B. currently has a consensus rating of "Hold" and an average target price of $4.23.

Grupo Televisa, S.A.B. Stock Down 0.9 %

The firm has a market cap of $883.31 million, a P/E ratio of -2.18 and a beta of 1.70. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.41 and a current ratio of 2.43. The firm's fifty day moving average is $1.89 and its 200 day moving average is $2.02.

Grupo Televisa, S.A.B. (NYSE:TV - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported ($0.90) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.91). Grupo Televisa, S.A.B. had a negative return on equity of 5.73% and a negative net margin of 11.69%. The company had revenue of $758.58 million during the quarter, compared to the consensus estimate of $15.49 billion. As a group, equities research analysts anticipate that Grupo Televisa, S.A.B. will post -0.07 earnings per share for the current fiscal year.

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Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its stake in Grupo Televisa, S.A.B. by 1,005,403.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 271,486 shares of the company's stock valued at $695,000 after buying an additional 271,459 shares in the last quarter. Centiva Capital LP grew its stake in shares of Grupo Televisa, S.A.B. by 86.3% in the third quarter. Centiva Capital LP now owns 101,499 shares of the company's stock worth $260,000 after purchasing an additional 47,014 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in Grupo Televisa, S.A.B. during the 3rd quarter valued at $123,000. Central Pacific Bank Trust Division lifted its stake in shares of Grupo Televisa, S.A.B. by 66.7% in the 4th quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock valued at $42,000 after purchasing an additional 10,000 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Grupo Televisa, S.A.B. by 245.8% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,976,394 shares of the company's stock worth $3,320,000 after acquiring an additional 1,404,933 shares in the last quarter. 55.77% of the stock is owned by institutional investors.

Grupo Televisa, S.A.B. Company Profile

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.