The stock of Grupo Televisa S.A.B. (NYSE:TV) increased by $0.05 on Tuesday to finish at $3.41, up 1.49 percent. The last five days have seen an average of 2,486,200 shares of common stock traded. 18 times new highs were reached in the current year, with a fall of -$1.15. The average number of shares traded over the last 20 days was 1,572,420, while the average volume over the last 50 days totaled 1,525,852.
TV stock dropped -26.19% since last month. On 09/18/23, the company’s shares reached a one-month low of $3.26. The stock touched a high of $6.57 on 02/02/23, after rallying from a low of $3.26 in 52 weeks. The price of TV stock has declined by -25.22% or -$1.15 this year, reaching a new high 18 times. Still, the stock price is down -48.10% from the 52-week high.
Valuation Metrics
Beta for the stock is 1.48. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 0.26.
Company paid $0.0985 per share in dividends, an increase of 12.44% from $0.0876 last year. A $0.0110 dividend increase was reported on Thursday May 18 2023.
Financial Health
For the three months ended June 29, Grupo Televisa S.A.B.’s quick ratio was 1.70, while its current ratio was 1.80, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.72, and the total debt to equity ratio is 0.81. As far as profitability goes, gross margin for the trailing twelve months is 34.60% percent. Grupo Televisa S.A.B.’s EBITDA margin for the year ended June 29 was 35.36%, whereas its operating margin stood at 4.50% for the same period. Based on annual data, it had gross profit of $1.33 billion and revenue of $3.75 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TV’s return on assets (ROA) during the last 12 months has been -3.90%. There was a 2.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -9.00%.
Earnings Surprise
According to Grupo Televisa S.A.B.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.7 billion, while revenues fell by -37.07% to $0.0. It was predicted that Grupo Televisa S.A.B.’s quarterly earnings would be $0.01, but it ended up being $0.04, beating the consensus by -75.00%. EBITDA was $375.17 million for the quarter. At the end of Grupo Televisa S.A.B.’s most recent quarter ended June 29, its liabilities totaled 7.92 billion, while its total debt was $103.15 billion.
Technical Picture
Here’s a quick look at Grupo Televisa S.A.B.’s (TV) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 21.47%, suggesting the stock is oversold, with a 39.13% historical volatility rate.
The stochastic %K and %D were 6.31% and 3.53% respectively, while the average true range (ATR) was 0.17. Based on the 14-day stochastic reading of 10.49%, the RSI (14) reading is 23.85%. On the 9-day MACD Oscillator, the stock is at -0.21, and the 14-day reading is at -0.46.
Analyst Ratings
In its analyst report released on May 31, 2023, Goldman began covering Grupo Televisa S.A.B. (NYSE: TV). The stock was rated as a Buy by the brokerage firm. Analysts have assigned Grupo Televisa S.A.B. (TV) an Overweight rating. TV is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 7 others recommend it as a buy.
What is TV’s price target for the next 12 months?
The current consensus forecast for the stock is between $3.65 and $13.08, with a median target price of $7.05. In analyzing these forecasts, the average price target given by analysts for Grupo Televisa S.A.B. (TV) is $8.22.
