Grupo Televisa S.A.B. (NYSE:TV) traded at $5.99 at last check on Tuesday, January 24, made an upward move of 1.61% on its previous day’s price.
Looking at the stock we see that its previous close was $5.90 and the beta (5Y monthly) reads 0.80 with the day’s price range being $5.86 – $6.02. The company has a trailing 12-month PE ratio of 12.80. In terms of its 52-week price range, TV has a high of $11.90 and a low of $4.47. The company’s stock has gained about 27.98% over that past 30 days.
Grupo Televisa S.A.B. has a market cap of $3.30 billion. With its Forward Dividend at 0.09 and a yield of 1.51%, the company’s investors could be anxious for the TV stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $37 million, with a low of $37 million and a high of $37 million. The median projection represents growth adding up to -53.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2022 is expected to hit $315.5 million, or 9.50% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the TV stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 14 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Grupo Televisa S.A.B. (TV) stock as a Hold, while 11 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 17.26% off its SMA20 and 15.69% from its 50-day simple moving average. The RSI (14) is pointing at 75.26 while the volatility over the past week is 2.71% and jumps to 3.56% over the past one month. The beta value is 1.35, while the average true range (ATR) is currently pointing at 0.20. The average price target for the stock over the next 12 months is $9.73, with the estimates having a low of $6.59 and a high of $13.86. These price ends are -10.02% and -131.39% off the today’s price level respectively, although investors could be excited at the prospect of a -50.58% if the TV share price touches on the median price of $9.02.
Let’s briefly compare Grupo Televisa S.A.B. (TV) stock to its peers. We find that today’s price change of 1.61% and -41.35% over the past 12 months for TV competes that of Netflix Inc. (NFLX), which has seen its stock price rise 0.81% in the latest trading session and is -29.68% over the last one year. Another of its peers The Walt Disney Company (DIS) has dropped -0.05% today, and was -28.40% down over the past year, while America Movil S.A.B. de C.V. (AMX) is also up 1.00% yet, while its price remains in the green at 17.03% over the same period. Grupo Televisa S.A.B. has a P/E ratio of 12.80 compared to Netflix Inc.’s 35.90 and The Walt Disney Company’s 60.46. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.40% and -0.23%, respectively, in early deals.
Coming back to Grupo Televisa S.A.B. (NYSE:TV), we note that the average 3-month trading volume was 3.78 million, while that of the preceding 10-day period stands at 4.69 million. Current shares outstanding are 564.91 million.
The insiders hold 27.70% of the company’s shares while institutions hold 40.90%. The data shows that short shares as of Dec 29, 2022, stood at 4.98 million at a short ratio of 1.34. This represents a 0.88% short interest in shares outstanding on Dec 29, 2022. Shares short rose in December from the previous month at 3.11 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 29.39% up in year-to-date price movement.