With over 9.52 million Grupo Televisa SAB ADR (TV) shares trading Friday and a closing price of $2.55 on the day, the dollar volume was approximately $24.28 million. Currently, there are 541.40M common shares owned by the public and among those 540.57M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 12 analysts who have offered their price forecasts for TV have a consensus price objective of $6.66. The analysts have set the share’s price value over the next 12 months at a high of $12.17 and a low of $3.37. The average price target is 61.71% above its recent price level and an upside to the estimated low will see the stock gain 24.33% over that period. But an upside of 79.05% will see the stock hit the forecast high price target while median target price for the stock is $5.70.
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Shares of Grupo Televisa SAB ADR (NYSE: TV) opened at $2.45, down -$0.1 from a prior closing price of $2.55. The company’s stock has a 5-day price change of 6.25% and -42.44% over the past three months. TV shares are trading -44.08% year to date (YTD), with the 12-month market performance down to -53.47% lower. It has a 12-month low price of $2.10 and touched a high of $6.57 over the same period. TV has an average intraday trading volume of 2.91 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.87%, -7.12%, and -41.95% respectively.
Institutional ownership of Grupo Televisa SAB ADR (NYSE: TV) shares accounts for 40.17% of the company’s 541.40M shares outstanding.
It has a market capitalization of $1.38B and a beta (3y monthly) value of 1.54. The earnings-per-share (ttm) stands at -$1.57. Price movements for the stock have been influenced by the stock’s volatility, which stands at 10.56% over the week and 7.41% over the month.
Analysts forecast that Grupo Televisa SAB ADR (TV) will achieve an EPS of -$0.01 for the current quarter, $0 for the next quarter and $0.19 for 2024. The lowest estimate earnings-per-share for the quarter is -$0.03 while analysts give the company a high EPS estimate of $0. Comparatively, EPS for the current quarter was $0 a year ago. Earnings per share for the fiscal year are expected to increase by 92.16%, and 409.89% over the next financial year.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 12 brokerage firm advisors rate Grupo Televisa SAB ADR (TV) as a “Strong Buy” at a consensus score of 1.58. Specifically, 8 Wall Street analysts polled rate the stock as a buy, while 3 of the 12 advise that investors “hold,” and 0 rated it as a “Sell.”
Looking at the support for the TV, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on October 05, 2023, with the firm’s price target at $5-$4.70.
