Grupo Televisa SAB ADR (NYSE:TV) shares traded -1.22% lower at $3.25 on Wall Street last session.
In accordance with the data, 12 analysts cover Grupo Televisa SAB ADR (NYSE:TV). 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 $4.39. Given the previous closing price of $3.29, this indicates a potential upside of 33.43 percent. TV stock price is now 20.77% away from the 50-day moving average and -24.07% away from the 200-day moving average. The market capitalization of the company currently stands at $1.76B.
It has been rated a hold by 3 analysts and a buy by 8. Brokers who have rated the stock have averaged $6.41 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.
Grupo Televisa SAB ADR (NYSE: TV) opened at $3.3100 on Wednesday. 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 0.78, a current ratio of 1.69, and a quick ratio of 1.65. The fifty day moving average price for TV is $2.6910 and a two-hundred day moving average price translates $4.2801 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 -19.66% and return on equity was -11.34% 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 $1.05B in revenue.
Grupo Televisa SAB ADR(TV) Company Profile
Grupo Televisa, S.A.B. operates as a media company in the Spanish-speaking Mexico and internationally. 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 services, as well as sales 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. The Sky segment offers direct-to-home broadcast satellite pay television services comprising program, installation, and equipment rental services to subscribers in Mexico, Central America, and the Dominican Republic; and national advertising sales. The Other Businesses segment is involved in the sports and show business promotion, soccer, gaming, and publishing distribution businesses, as well as provides transmission concessions and facilities. The company was founded in 1969 and is headquartered in Mexico City, Mexico.
