Grupo Televisa, S.A.B. (TV) to Release Earnings on Thursday

Grupo Televisa, S.A.B. (NYSE:TV) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 27th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $15.49 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Grupo Televisa, S.A.B. Stock Performance

TV opened at $2.07 on Thursday. The business has a fifty day simple moving average of $1.87 and a 200 day simple moving average of $2.06. The company has a market capitalization of $1.14 billion, a PE ratio of -2.91 and a beta of 1.83. Grupo Televisa, S.A.B. has a 1 year low of $1.66 and a 1 year high of $3.64. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.43 and a quick ratio of 2.41.

Analyst Upgrades and Downgrades

TV has been the subject of a number of recent analyst reports. StockNews.com downgraded Grupo Televisa, S.A.B. from a “buy” rating to a “hold” rating in a research report on Thursday, November 28th. The Goldman Sachs Group cut their target price on Grupo Televisa, S.A.B. from $2.50 to $2.20 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Benchmark reiterated a “buy” rating and set a $8.00 target price on shares of Grupo Televisa, S.A.B. in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. downgraded Grupo Televisa, S.A.B. from an “overweight” rating to a “neutral” rating in a research report on Thursday, November 14th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $4.57.

About Grupo Televisa, S.A.B.

Grupo Televisa, SAB., together with its subsidiaries, owns and operates cable companies and provides direct-to-home satellite pay television system in Mexico and the United States. It operates through three segments: Cable, Sky, and Other Businesses. The Cable segment operates cable multiple system that provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone and mobile services subscription, as well as local and national advertising services; and telecommunication facilities, which offers data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network.