Grupo Televisa S.A.B. (NYSE:TV) finished Friday with a subtraction of -$0.08 to close at $4.43, a downside of -1.77 percent. An average of 834,280 shares of common stock have been traded in the last five days. There was a fall of -$0.19 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 1,079,275 shares traded, while the 50-day average volume stands at 1,423,788.
TV stock has decreased by -11.04% in the last month. The company shares reached their 1-month lowest point of $4.39 on 07/26/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $4.38 and a high of $7.04 in 52 weeks. It has reached a new high 18 times so far this year and lost -2.85% or -$0.13 in price. In spite of this, the price is down -37.07% from the 52-week high.
Valuation Metrics
Grupo Televisa S.A.B. (TV) stock’s beta is 1.46. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.57, the price-to-book (PB) ratio at 0.33.
The company’s most recent quarterly dividend payment was $0.0985 a share, representing a up of 12.44% from $0.0876 last year. Its latest increase dividend $0.0110 reported on Thursday May 18 2023.
Financial Health
The quick ratio of Grupo Televisa S.A.B. for the three months ended June 30 was 1.70, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.72 and a total debt to equity ratio of 0.81 for the quarter ending June 30. Its gross profit as reported stood at $1.33 billion compared to revenue of $3.75 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Grupo Televisa S.A.B.’s return on assets was -3.90%.
Earnings Surprise
For the three-month period that ended June 30, Grupo Televisa S.A.B. had $106.39 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $2.19 billion in the quarter, while revenues were grew 100.0%. The analyst consensus anticipated Grupo Televisa S.A.B.’s latest quarter earnings to come in at $0.04 per share, but it turned out to be $0.01, a -75.00% surprise. For the quarter, EBITDA amounted to $375.17 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Grupo Televisa S.A.B. (TV) price momentum. RSI 9-day as of the close on 25 August was 30.60%, suggesting the stock is Neutral, with historical volatility in this time frame at 22.20%.
As of today, TV’s price is $4.52 -4.11% or -$0.19 from its 5-day moving average. TV is currently trading -14.64% lower than its 20-day SMA and -14.64% lower than its 100-day SMA. However, the stock’s current price level is -16.73% below the SMA50 and -14.81% below the SMA200.
The stochastic %K and %D were 11.05% and 12.36%, respectively, and the average true range (ATR) was 0.16. With the 14-day stochastic at 6.14% and the average true range at 0.17, the RSI (14) stands at 35.57%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.16.
Analyst Ratings
Goldman launched coverage on Grupo Televisa S.A.B. (NYSE: TV) in its analyst report released on May 31, 2023. The firm assigned the stock a Buy rating. The consensus rating for Grupo Televisa S.A.B. (TV) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell TV, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.
