Televisa (NYSE:TV) was upgraded by investment analysts at UBS from a “neutral” rating to a “buy” rating in a report issued on Monday, thefly.com reports.
A number of other analysts also recently commented on the company. Scotiabank raised Televisa from an “underperform” rating to a “hold” rating in a research note on Thursday, March 22nd. Goldman Sachs started coverage on Televisa in a research note on Tuesday, April 3rd. They issued a “neutral” rating on the stock. Finally, ValuEngine downgraded Televisa from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Two analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.00.
Shares of Televisa stock opened at $17.91 on Monday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.51 and a current ratio of 1.53. The firm has a market cap of $10.02 billion, a price-to-earnings ratio of 43.68, a price-to-earnings-growth ratio of 1.67 and a beta of 1.40. Televisa has a 1-year low of $14.20 and a 1-year high of $27.37.
Televisa (NYSE:TV) last announced its earnings results on Tuesday, February 20th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.08). The business had revenue of $1.38 billion for the quarter. Televisa had a net margin of 4.08% and a return on equity of 3.86%. research analysts forecast that Televisa will post 0.44 EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fisher Asset Management LLC grew its holdings in shares of Televisa by 2.5% in the 4th quarter. Fisher Asset Management LLC now owns 10,204,883 shares of the company’s stock worth $190,525,000 after acquiring an additional 246,456 shares during the last quarter. Zimmer Partners LP grew its holdings in shares of Televisa by 53.0% in the 4th quarter. Zimmer Partners LP now owns 5,698,563 shares of the company’s stock worth $106,392,000 after acquiring an additional 1,973,563 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of Televisa by 80.3% in the 4th quarter. Macquarie Group Ltd. now owns 5,411,377 shares of the company’s stock worth $101,028,000 after acquiring an additional 2,409,863 shares during the last quarter. Altrinsic Global Advisors LLC grew its holdings in shares of Televisa by 125.8% in the 4th quarter. Altrinsic Global Advisors LLC now owns 3,991,395 shares of the company’s stock worth $74,519,000 after acquiring an additional 2,223,566 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of Televisa by 49.6% in the 4th quarter. Deutsche Bank AG now owns 2,780,370 shares of the company’s stock worth $51,908,000 after acquiring an additional 921,956 shares during the last quarter. Institutional investors and hedge funds own 56.09% of the company’s stock.
Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.
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