Grupo Televisa, S.A.B. (NYSE:TV) Hits New 12-Month Low - Should You Sell?

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Benchmark reiterated a "buy" rating and set a $7.00 price target (down previously from $8.00) on shares of Grupo Televisa, S.A.B. in a research note on Wednesday, March 5th. The Goldman Sachs Group lowered their price target on 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. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Grupo Televisa, S.A.B. has an average rating of "Hold" and a consensus target price of $4.23.

Grupo Televisa, S.A.B. Price Performance

The company has a current ratio of 2.43, a quick ratio of 2.41 and a debt-to-equity ratio of 0.03. The company's 50 day moving average price is $1.89 and its 200 day moving average price is $2.02. The company has a market cap of $952.54 million, a price-to-earnings ratio of -2.36 and a beta of 1.70.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TV. PEAK6 LLC acquired a new position in shares of Grupo Televisa, S.A.B. during the 4th quarter worth $41,000. Central Pacific Bank Trust Division boosted its holdings in Grupo Televisa, S.A.B. by 66.7% during the fourth quarter. Central Pacific Bank Trust Division now owns 25,000 shares of the company's stock worth $42,000 after buying an additional 10,000 shares in the last quarter. Russell Investments Group Ltd. acquired a new position in Grupo Televisa, S.A.B. during the fourth quarter worth about $47,000. Tower Research Capital LLC TRC increased its holdings in Grupo Televisa, S.A.B. by 3,312.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 31,053 shares of the company's stock valued at $52,000 after buying an additional 30,143 shares in the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in shares of Grupo Televisa, S.A.B. during the 4th quarter valued at approximately $84,000. Hedge funds and other institutional investors own 55.77% of the company's stock.

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.