The time has not yet come to remove your chips from the table: Grupo Televisa S.A.B. (TV)

Grupo Televisa S.A.B. (NYSE: TV) stock fell -4.60% on Friday to $3.32 against a previous-day closing price of $3.48. With 2.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.46 million shares. During the session, the Telecom Services company that operates in wider Communication Services sector, reached to the highest price of $3.5300 whereas the lowest price it dropped to was $3.3000. The 52-week range on TV shows that it touched its highest point at $6.57 and its lowest point at $3.47 during that stretch. It currently has a 1-year price target of $7.17. With its current market cap of 1.96 billion, TV has annualized dividend of $0.10 while the current yield stands at 3.01%. Beta for the stock currently stands at 1.47.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TV was down-trending over the past week, with a drop of -15.52%, but this was down by -29.21% over a month. Three-month performance dropped to -38.52% while six-month performance fell -27.83%. The stock lost -46.71% in the past year, while it has lost -27.19% so far this year. A look at the trailing 12-month EPS for TV yields -1.35 with Next year EPS estimates of 0.37. EPS is expected to grow by 11.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -35.90%.

Float and Shares Shorts:

At present, 560.26 million TV shares are outstanding with a float of 559.88 million shares on hand for trading. On Aug 30, 2023, short shares totaled 2.56 million, which was 0.46% higher than short shares on Jul 30, 2023. In addition to T as the firm’s AT&T Inc., V serves as its Visa Inc.

Institutional Ownership:

Through their ownership of 39.84% of TV’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 19.49% of TV, in contrast to 19.07% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in TV with 11.51% of the stake, Dodge & Cox holds 65,012,920 shares worth 65,012,920. A second-largest stockholder of TV, FPR Partners LLC, holds 31,955,952 shares, controlling over 5.66% of the firm’s shares. Discovery Capital Management LLC is the third largest shareholder in TV, holding 11,736,656 shares or 2.08% stake. With a 8.21% stake in TV, the Dodge & Cox International Stock F is the largest stakeholder. A total of 46,380,780 shares are owned by the mutual fund manager. The Dodge & Cox Global Stock Fund, which owns about 1.71% of TV stock, is the second-largest Mutual Fund holder. It holds 9,665,600 shares valued at 43.3 million. Delaware Emerging Markets Fund holds 1.07% of the stake in TV, owning 6,017,000 shares worth 26.96 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Jun 29, 2023, TV reported revenue of $18.53B and operating income of $1.59B. The EBITDA in the recently reported quarter was $11.27B and diluted EPS was $5.53.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With TV analysts setting a high price target of $13.08 and a low target of $5.00, the average target price over the next 12 months is $8.75. Based on these targets, TV could surge 293.98% to reach the target high and rise by 50.6% to reach the target low. Reaching the average price target will result in a growth of 163.55% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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