Price Crosses Moving Average
Previous Close | 5.22 |
Open | 5.25 |
Bid | 5.02 x 2900 |
Ask | 5.30 x 3100 |
Day's Range | 5.14 - 5.29 |
52 Week Range | 4.38 - 9.61 |
Volume | |
Avg. Volume | 1,879,174 |
Market Cap | 2.891B |
Beta (5Y Monthly) | 0.94 |
PE Ratio (TTM) | 0.36 |
EPS (TTM) | 14.31 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.10 (1.89%) |
Ex-Dividend Date | May 26, 2023 |
1y Target Est | 7.35 |
RYE, N. Y., June 07, 2023 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 15th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 8, 2023. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as a Sports Investing Panel. Attendees will also have the opportunity to meet with management in a one-on-one setting. F
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The television industry’s annual week of showy pitch events for advertisers had a different feel this year.
The mean of analysts' price targets for Grupo Televisa (TV) points to a 61.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Grupo Televisa (TV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund returned 10.5% compared to a 7.7% return for the MSCI World Index. The fund returned 9.3% since its inception compared to 5.4% for the index. […]
Mexico's Grupo Televisa, the country's largest broadcaster, has "turned the page" on a potential merger with Mexico's Megacable after the companies could not agree on the terms, a top executive said Friday. Mexico's Megacable rejected a merger offer from Televisa last year. When asked about the negotiations in a call with analysts on Friday, Televisa's co-Chief Executive Alfonso de Angoitia said the firm was now focused on executing its own business plan.
Mexico's Grupo Televisa, the country's largest broadcaster, plans to invest some $820 million in 2023, one of the company's top executives said Friday. Around $620 million will go to cable TV services, while some $160 million will go to Televisa's satellite unit Sky and another $40 million will go to other units, Televisa's co-Chief Executive Alfonso de Angoitia said in a call with analysts.
Televisa said in its statement that it saw losses partially related to depreciation in the value of the TelevisaUnivision venture recognized in the quarter. Sky, Televisa's satellite TV unit, had about 410,400 disconnections of revenue generating units (RGUs), and sales in the quarter decreased by 8.1% which the company said was explained by "the year-on-year decline in RGUs and lower recharges at Sky's prepaid packages." Televisa has tried to revamp Sky, launching a new mobile service with AT&T in July which executives said would boost the unit's revenue in the coming years.
TelevisaUnivision, a firm that combines content with U.S. broadcaster Univision, has rolled out a subscription-based version of streaming platform, ViX+, which will compete with established rivals like Netflix Inc and Amazon.com Inc's Prime Video. Televisa said in its statement that it saw losses partially related to depreciation in the value of the TelevisaUnivision venture recognized in the quarter. Sky, Televisa's satellite TV unit, had about 410,400 disconnections of revenue generating units (RGUs), and sales in the quarter decreased by 8.1% which the company said was explained by "the year-on-year decline in RGUs and lower recharges at Sky's prepaid packages."
Mexico's Megacable said on Tuesday it had rejected Grupo Televisa's offer to merge the firms' pay TV and broadband operations, opting to stick with its current business plan given that the company is "not for sale." Televisa in November proposed merging its cable and broadband unit Izzi with its smaller listed rival Megacable, Reuters reported exclusively on Monday. Megacable, which provides pay TV, internet and telephone services in Mexico, said in a statement it "extensively analyzed" Televisa's offer and unanimously rejected it on Dec. 8.
The board of Mexico's Megacable rejected Grupo Televisa's offer to merge the firms' pay TV and broadband operations, according to a statement published by the TV firm Tuesday. Televisa is seeking to merge its cable and broadband unit Izzi with its smaller listed rival Megacable, according to an offer letter seen by Reuters on Monday. The firm said in a statement it will continue to seek alternatives with Megacable.
* Argentina inflation to cool slightly, analysts say * Brazil services activity drops in October * Colombia's central bank set for December rate hike * U.S. dollar sinks as inflation rise moderates (Updates prices, details; adds chart) By Susan Mathew and Bansari Mayur Kamdar Dec 13 (Reuters) - Emerging market currencies rose on Tuesday after cooling U.S. inflation lifted expectations that the Federal Reserve would soften its pace of interest rate hikes, while South Africa's rand surged on hopes that President Cyril Ramaphosa would stay in power. The rand jumped 1.9% after South Africa's ruling African National Congress (ANC) stopped an impeachment process from being launched against President Cyril Ramaphosa, as most of its lawmakers voted to reject an inquiry report into alleged misconduct.
Fox (FOXA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mexican companies are spinning off sports, gambling and cell-tower businesses in a bid to revive depressed stock prices, with more such deals likely in the coming months. Mexican telecommunications giant America Movil kicked off the trend late last year when its shareholders approved the spinoff of its cell tower business. Conglomerate Alfa did the same, with its investors approving a plan in July to distribute its stake in subsidiary Axtel to existing Alfa shareholders.
Mexican broadcaster Televisa's phone and internet service provider, Izzi, has partnered with AT&T Inc to roll out a set of low-cost mobile phone plans across the country, Izzi said on Thursday. The packages will be available to Izzi's 6.5 million clients but are not replacing existing plans, a spokesperson said, and include unlimited calls, including to the United States and Canada, as well as texts and social media access. The plans with AT&T expand Izzi's coverage and are compatible with all recent smartphones, the spokesperson said, while some phones were not covered under previous Izzi plans.
Grupo Televisa , Mexico's largest broadcaster, said a spin-off of its sports and gaming operations will enable it to consolidate itself as a telecoms and cable company, executives said Friday. The company announced in its earnings report a day earlier that its board approved a plan to spin off some of its businesses, including its Club America soccer team, the iconic Azteca stadium in Mexico City and gaming operations. Those businesses accounted for about 7.4% of consolidated revenue and about 3.4% of earnings before interest, taxes, depreciation and amortization (EBITDA), executives said in a call with investors Friday, adding that the spin-off would imply a reduction in corporate expenses.
MEXICO CITY (Reuters) -Grupo Televisa, Mexico's largest broadcaster, said a spin-off of its sports and gaming operations will enable it to consolidate itself as a telecoms and cable company, executives said Friday. The company announced in its earnings report a day earlier that its board approved a plan to spin off some of its businesses, including its Club America soccer team, the iconic Azteca stadium in Mexico City and gaming operations. Those businesses accounted for about 7.4% of consolidated revenue and about 3.4% of earnings before interest, taxes, depreciation and amortization (EBITDA), executives said in a call with investors Friday, adding that the spin-off would imply a reduction in corporate expenses.
Grupo Televisa, Mexico's largest broadcaster, on Thursday said its third-quarter net profit jumped 47% from a year earlier, boosted by lower financial expenses. The company posted a net profit of 1.118 billion pesos ($55.6 million), up from 760.6 million pesos in the same period in 2021. Televisa said in a statement to the Mexican stock exchange that its board had approved a spin-off proposal for some of its businesses including soccer operations and the iconic Azteca stadium in Mexico City.
Mexican broadcaster Grupo Televisa's satellite television unit SKY has launched new mobile phone services using AT&T's network, the company said Tuesday, in a bid to expand product offerings to its clients. Customers who sign up for the mobile services, rolled out Monday and only available to SKY clients, will get an upgrade in their SKY content offerings, said Chief Executive Luis Malvido. SKY decided AT&T was the right partner for the services since it is the network that has "grown the most, is most focused on 5G and the most reliable web that the country has," Malvido said in a company event.
Investors need to pay close attention to Grupo Televisa (TV) stock based on the movements in the options market lately.
Mexico's Grupo Televisa announced in a statement on Tuesday the details of its anticipated debt acquisition offer, which will be up to $300 million. The debt securities will be denominated in 5.000% senior notes maturing in 2045, 6.625% senior notes maturing in 2025 and 5.250% senior notes maturing in 2049, the company said in a filing with the Mexican stock exchange.
Mexican broadcaster Grupo Televisa's satellite television unit SKY will offer a new mobile service with AT&T's network in the second half of the year, a Televisa executive said Wednesday. Detailing a business plan for SKY recently approved by Televisa's board of directors, the unit's chief executive Luis Malvido said the initial market for the mobile service will be the SKY postpaid customer base.
MEXICO CITY (Reuters) -Mexican broadcaster Grupo Televisa's satellite television unit SKY will offer a new mobile service with AT&T's network in the second half of the year, a Televisa executive said Wednesday. Detailing a business plan for SKY recently approved by Televisa's board of directors, the unit's chief executive Luis Malvido said the initial market for the mobile service will be the SKY postpaid customer base.