In the last trading session, 11.47 million Grupo Televisa SAB ADR (NYSE:TV) shares changed hands as the company’s beta touched 1.51. With the company’s per share price at $2.79 changed hands at $0.46 or 19.74% during last session, the market valuation stood at $1.51B. TV’s last price was a discount, traded about -135.48% off its 52-week high of $6.57. The share price had its 52-week low at $2.10, which suggests the last value was 24.73% up since then. When we look at Grupo Televisa SAB ADR’s average trading volume, we note the 10-day average is 1.86 million shares, with the 3-month average coming to 2.46 million.
Analysts gave the Grupo Televisa SAB ADR (TV) stock a consensus recommendation rating of an Overweight, calculated at a mean rating of 1.58. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 3 recommended TV as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Grupo Televisa SAB ADR’s EPS for the current quarter is expected to be -$0.01.
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Grupo Televisa SAB ADR (NYSE:TV) trade information
Instantly TV was in green as seen at the end of in last trading. With action 17.72%, the performance over the past five days has been green. The jump to weekly highs of 2.83 on Monday, 11/20/23 added 19.74% to the stock’s daily price. The company’s shares are showing year-to-date downside of -38.82%, with the 5-day performance at 17.72% in the green. However, in the 30-day time frame, Grupo Televisa SAB ADR (NYSE:TV) is 16.25% up. Looking at the short shares, we see there were 9.79 million shares sold at short interest cover period of 2.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is $6.66, meaning bulls need an upside of 58.11% from its current market value. According to analyst projections, TV’s forecast low is $3.37 with $12.17 as the target high. To hit the forecast high, the stock’s price needs a -336.2% plunge from its current level, while the stock would need to soar -20.79% for it to hit the projected low.
Grupo Televisa SAB ADR (TV) estimates and forecasts
Data shows that the Grupo Televisa SAB ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -41.75% over the past 6 months, a 96.43% in annual growth rate that is considerably higher than the industry average of -14.60%. Year-over-year growth is forecast to reach 10.00% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $1.02 billion. 1 analysts are of the opinion that Grupo Televisa SAB ADR’s revenue for the quarter ending Mar 2024 will be $999.03 million. The company’s revenue for the corresponding quarters a year ago was $973.39 million. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.10%.
The 2023 estimates are for Grupo Televisa SAB ADR earnings to increase by 92.16%, but the outlook for the next 5-year period is at 11.10% per year.
TV Dividends
Grupo Televisa SAB ADR is expected to release its next quarterly earnings report in December. The 3.49% annual yield figure for the share gives it an annual dividend of 0.10. It is important to note, however, that the 3.49% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Grupo Televisa SAB ADR (NYSE:TV)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.00% of Grupo Televisa SAB ADR shares while 39.84% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 39.84%. There are 39.84% institutions holding the Grupo Televisa SAB ADR stock share, with Dodge & Cox Inc the top institutional holder. As of Jun 29, 2023, the company held 13.38% of the shares, roughly 65.01 million TV shares worth $333.52 million.
Fpr Partners Llc holds the second largest percentage of outstanding shares, with 6.58% or 31.96 million shares worth $163.93 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Dodge & Cox International Stock Fund and Dodge & Cox Global Stock Fund. With 46.38 million shares estimated at $237.93 million under it, the former controlled 9.55% of total outstanding shares. On the other hand, Dodge & Cox Global Stock Fund held about 1.99% of the shares, roughly 9.67 million shares worth around $49.58 million.