Grupo Televisa SAB ADR (TV): The Latest Casualty Of Increased Volatility?

Grupo Televisa SAB ADR (NYSE:TV) does about 1.23M shares in volume on a normal day but saw 1673837 shares change hands in the recent trading day. The company now has a market cap of 1.01B USD. Its current market price is $2.02, marking an increase of 3.59% compared to the previous close of $1.95. The 52 week high reached by this stock is $4.12 whilst the lowest price level in 52 weeks is $1.83.

Grupo Televisa SAB ADR (TV) has a 20-day trading average at $2.0900 and the current price is -51.03% off the 52-week high compared with 10.30% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.4400 and its 200-day simple moving average is $2.8900. If we look at the stock’s price movements over the week, volatility stands at 3.78%, which increases to 4.09% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 36.35 to suggest the stock is neutral.

The consensus objective for the share price is $5.36, suggesting that the stock has a potential upside of 62.31% over the period.

2 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.

BofA Securities upgraded its price target at $5-$4.70.

Its price is -30.65% year-to-date and -49.86% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at -0.01 and 0.04 for whole year. Expected sales for next quarter are $847.05M, which analysts say will come at $3.51B for the current fiscal year and next year at $3.45B. In addition, estimates put the company’s current quarterly revenue at an average of $833.76M.

To reach the target analysts have set, the stock logically needs to grow 62.31 percent from here.

Outstanding shares total 501.02M with insiders holding 0.03% of the shares and institutional holders owning 44.18% of the company’s common stock. The company has a return on investment of -4.33% and return on equity of -7.25%. The forward price to earnings ratio is 11.54. The beta has a value of 1.92. Price to book ratio is 0.17 and price to sales ratio is 0.25.