Grupo Televisa, S.A.B. (NYSE:TV – Get Free Report) has earned an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $5.28.
Several equities analysts have recently weighed in on the stock. Benchmark reiterated a “buy” rating and set a $12.00 price objective on shares of Grupo Televisa, S.A.B. in a report on Thursday, May 16th. Bank of America downgraded shares of Grupo Televisa, S.A.B. from a “buy” rating to a “neutral” rating and set a $3.50 target price for the company. in a research report on Monday, April 15th.
Institutional Trading of Grupo Televisa, S.A.B.
Grupo Televisa, S.A.B. Price Performance
TV stock opened at $2.22 on Tuesday. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of -2.55, a PEG ratio of 1.50 and a beta of 1.89. The company has a quick ratio of 2.28, a current ratio of 2.31 and a debt-to-equity ratio of 0.77. Grupo Televisa, S.A.B. has a 12-month low of $2.10 and a 12-month high of $5.36. The company’s fifty day simple moving average is $2.76 and its 200 day simple moving average is $2.97.
Grupo Televisa, S.A.B. Increases Dividend
The business also recently announced an annual dividend, which was paid on Monday, June 10th. Stockholders of record on Thursday, May 30th were given a dividend of $0.1056 per share. This is an increase from Grupo Televisa, S.A.B.’s previous annual dividend of $0.10. This represents a dividend yield of 2.4%. The ex-dividend date was Thursday, May 30th. Grupo Televisa, S.A.B.’s dividend payout ratio is currently -10.34%.
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.
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