Stocks of Grupo Televisa SAB ADR (NYSE:TV) traded higher last session on Wall Street, down -3.94% to $2.68.
According to the data, Grupo Televisa SAB ADR (NYSE:TV) has 12 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $12.17 and a low of $3.37, we find $5.70. Given the previous closing price of $2.79, this indicates a potential upside of 104.3 percent. TV stock price is now -3.67% away from the 50-day moving average and -39.43% away from the 200-day moving average. The market capitalization of the company currently stands at $1.45B.
A total of 3 analysts have issued a hold rating and 8 have given it a buy rating. Brokers who have rated the stock have averaged $6.66 as their price target over the next twelve months.
With the price target reduced from $5 to $4.70, BofA Securities Upgraded its rating from Neutral to Buy for Grupo Televisa SAB ADR (NYSE: TV).
A total of 0.15% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $2.7400 for Grupo Televisa SAB ADR (NYSE: TV). During the past 12 months, Grupo Televisa SAB ADR has had a low of $2.10 and a high of $6.57. As of last week, the company has a debt-to-equity ratio of 0.81, a current ratio of 1.78, and a quick ratio of 1.74. The fifty day moving average price for TV is $2.7642 and a two-hundred day moving average price translates $4.4087 for the stock.
The latest earnings results from Grupo Televisa SAB ADR (NYSE: TV) was released for Sep, 2023. According to the Telecom Services Company, earnings per share came in at -$0.1, missing analysts’ expectations of -$0.03 by -0.07. This compares to $0.07 EPS in the same period last year. The net profit margin was -18.44% and return on equity was -10.20% for TV. The company reported revenue of $1.07 billion for the quarter, compared to $951.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 12.86 percent. For the current quarter, analysts expect TV to generate $1.02B in revenue.
