What’s Next for Grupo Televisa, S.A.B. (TV) After Today’s Big Increase?

Grupo Televisa, S.A.B. (NYSE:TV) Logo

The stock of Grupo Televisa, S.A.B. (NYSE:TV) is a huge mover today! The stock increased 4.59% or $0.43 during the last trading session, reaching $9.79. About 1.52 million shares traded. Grupo Televisa, S.A.B. (NYSE:TV) has declined 52.54% since September 13, 2018 and is downtrending. It has underperformed by 52.54% the S&P500.
The move comes after 8 months positive chart setup for the $5.71B company. It was reported on Sep, 13 by Barchart.com. We have $10.38 PT which if reached, will make NYSE:TV worth $342.48 million more.

Analysts await Grupo Televisa, S.A.B. (NYSE:TV) to report earnings on November, 7. They expect $0.04 EPS, down 50.00 % or $0.04 from last year’s $0.08 per share. TV’s profit will be $23.32 million for 61.19 P/E if the $0.04 EPS becomes a reality. After $0.08 actual EPS reported by Grupo Televisa, S.A.B. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

More notable recent Grupo Televisa, S.A.B. (NYSE:TV) news were published by: Bloomberg.com which released: “NYSE Needed Some Pretend Traders – Bloomberg” on December 14, 2018, also Cnbc.com with their article: “Slack’s successful debut on the NYSE – CNBC” published on June 21, 2019, Cnbc.com published: “Meet Pagey, the bug-eyed PagerDuty mascot stealing the show at NYSE as the stock pops 50% – CNBC” on April 11, 2019. More interesting news about Grupo Televisa, S.A.B. (NYSE:TV) were released by: Cnbc.com and their article: “This is a ‘watershed moment’ for the ETF industry, says NYSE ETF chief—here’s why – CNBC” published on August 06, 2019 as well as Seekingalpha.com‘s news article titled: “Abrams spurned Apple for less money with Warner – report – Seeking Alpha” with publication date: September 13, 2019.

Grupo Televisa, S.A.B. operates as a media firm in the Spanish-speaking world. The company has market cap of $5.71 billion. The firm operates through four divisions: Content, Sky, Cable, and Other Businesses. It has a 17.64 P/E ratio. The Content segment is involved in the production of television programming and broadcasting of Channels 2, 4, 5, and 9; the sale of advertising time on programs; and the production of television programming and broadcasting for local television stations in Mexico and the United States, as well as Internet business.

Grupo Televisa, S.A.B. (NYSE:TV) Ratings Chart

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