GrupoTelevisa, S.A.B. (NYSE:TV) is trading up 0.81% versus 12-month low of 19.86 and stands -31.53% lower from its 1-year peak of $29.24. The consensus price target (PT) of $25.96 means that the market expects Company shares to increase by 23.7% in the short run. The sell-side target prices range from $18 to $31. In the last month the stock has moved in price -3.05%, with a one year change of -22.61%. The last trading session volume compares with the 3.02M average and market worth floats around 11.80B.
GrupoTelevisa, S.A.B. (NYSE:TV) fell -4.62% to reach at the trading price of $20.02 as it is set to release its next quarterly earnings report on February 23, 2017. GrupoTelevisa, S.A.B. stock trades in the range of $19.98 to $20.97 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.18 a share with $1.32B in revenue.
GrupoTelevisa, S.A.B. (TV) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast GrupoTelevisa, S.A.B. to earn $0.08 per share (EPS) on revenue of $1.13B. The EPS consensus range is $0.08-$0.08 on revenue between $1.13B and $1.13B.
While if we look at the Earnings Track Record, GrupoTelevisa, S.A.B. (TV) managed to surpass quarterly earnings per share estimates in 1 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 9%. Last time the company reported, GrupoTelevisa, S.A.B. (TV) generated $0.09 in earnings per share, missing the consensus estimate of $0.20. Revenues hit $1.26B in the September 2017 quarter, which was below the consensus $1.31B projection. On the other hand, in the June 2017 quarter the company recorded a net $1.3B revenue with earnings per share of $0.14. Wall Street had anticipated $1.34B and $0.18, respectively. For comparison, there was a revenue of $1.21B and EPS of $0.06 in the March 2016 period.
GrupoTelevisa, S.A.B. (NYSE:TV) Analyst Insights
The buoyancy in the outlook of GrupoTelevisa, S.A.B. (TV) is getting weaker by the somewhat negative sentiment (2.60 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Neutral. HSBC Securities has been covering shares of TV, so it is most recent view is worth a look. In a research note issued on Sep 27, 2016, analysts at Credit Suisse lifted the stock to Outperform from Neutral. Another noteworthy analyst activity was recorded on Sep 22, 2016. HSBC Securities Analysts lifted the stock to Hold from Reduce.