Is Grupo Televisa SAB ADR (NYSE: TV) Doomed To Fail?

The trading price of Grupo Televisa SAB ADR (NYSE:TV) closed lower on Friday, November 15, and closing at $2.12, -3.64% lower than its previous close.

Traders who pay close attention to intraday price movement should know that it fluctuated between $2.11 and $2.2192. In examining the 52-week price action we see that the stock hit a 52-week high of $3.62 and a 52-week low of $1.69. Over the past month, the stock has lost -10.92% in value.

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Grupo Televisa SAB ADR, whose market valuation is $1.06 billion at the time of this writing, is expected to release its quarterly earnings report in December. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -1.44 per share this quarter, however they have predicted annual earnings per share of 1.48 for current year and -1.43 for next year.

Analysts have forecast the company to bring in revenue of 15.47B for the current quarter, with the likely lows of 15.2B and highs of 15.86B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 64.73B.

On the technical side, indicators suggest TV has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TV a recommendation rating is 3. Out of them, 1 rate it a Hold, while 2 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Grupo Televisa SAB ADR (TV) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that TV’s price is currently -9.30% off the SMA20 and -8.20% off the SMA50. The RSI metric on the 14-day chart is currently showing 38.02, and weekly volatility stands at 5.54%. When measured over the past 30 days, the indicator reaches 6.83%. Grupo Televisa SAB ADR (NYSE:TV)’s beta value is currently sitting at 1.88, while the Average True Range indicator is currently displaying 0.14.

To see how Grupo Televisa SAB ADR stock has been performing in comparison to its peers in the industry, here are the numbers: TV stock’s performance was -3.64% in the latest trading, and -0.77% in the past year.

An evaluation of the daily trading volume of Grupo Televisa SAB ADR (NYSE:TV) indicates that the 3-month average is 1.97 million. However, this figure has increased over the past 10 days to an average of 1.62.

Currently, records show that 499.14 million of the company’s shares remain outstanding. The insiders hold 0.00% of outstanding shares, whereas institutions hold 42.43%. The stats also highlight that short interest as of 2024-10-31, stood at 5.38 million shares, resulting in a short ratio of 2.65 at that time. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 6.78 million. However, since the stock’s price has seen -27.22% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

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