Grupo Televisa SAB ADR (NYSE:TV) price on Friday, February 28, rose 1.04% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.95.
A look at the stock’s price movement, the close in the last trading session was $1.93. Turning to its 52-week performance, $3.47 and $1.66 were the 52-week high and 52-week low respectively. Overall, TV moved 4.84% over the past month.
Grupo Televisa SAB ADR’s market cap currently stands at around $864.08 million, with investors looking forward to this quarter’s earnings report slated for in April. The company has a Forward Dividend ratio of 0.10, with its dividend yield at 5.12%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 15.35B for the company’s revenue for the quarter, with a low and high estimate of 15.31B and 15.42B respectively. The average forecast suggests down to a -3.79% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 60.51B, representing a -2.81% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that TV is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend TV as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
TV’s current price about -3.15% and 3.57% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 48.07, while 7-day volatility ratio is 4.21% and 4.76% in the 30-day chart. Further, Grupo Televisa SAB ADR (TV) has a beta value of 1.86, and an average true range (ATR) of 0.09.
If we refocus on Grupo Televisa SAB ADR (NYSE:TV), historical trading data shows that trading volumes averaged 1.98 million over the past 3 months. The company’s latest data on shares outstanding shows there are 443.12 million shares.
The 0.00% of Grupo Televisa SAB ADR’s shares are in the hands of company insiders while institutional holders own 48.28% of the company’s shares. Current price change has pushed the stock 16.07% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the TV stock continues to rise going into the next quarter.
