(NYSE:TV) Grupo Televisa SAB ADR Dips To New 52 Week Low

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Grupo Televisa SAB ADR (NYSE:TV)

December 5th, 2018
Amidst falling markets Grupo Televisa SAB ADR finished Tuesday’s trading session down 3.13%, a $0.43 decrease to close on $13.30. As well as the drop in value, Grupo Televisa SAB ADR hit a new 52 week low of $13.27, breaking the previous low of $13.31 from earlier this July. Be aware that the Altman Z-Score1 (An indicator of the probability for a 2-year bankruptcy) is below the recommended threshold of 1.8%, and calculated to be 1.40.

TV outperformed the rest of the Consumer Discretionary sector which went down just 3.91% today.

Analysis results from 11 analysts indicates that Grupo Televisa SAB ADR could grow significantly (49%), while Finbox has calculated (with medium uncertainty) a fair value price of $15.44.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.15%), while Financials saw the biggest drop (4.40%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector falling 13%.

Utilities saw the biggest turnaround from its 5-day performance of 2.31%, as it went up 0.15%. Industrials and Consumer Discretionary saw turn arounds from their five day positive performance, Industrials with a drop of 4.35%.

Sector Breakdown

  • Utilities went up with a 0.15% change.
  • Real Estate went down with a -1.26% change.
  • Consumer Staples went down with a -1.63% change.
  • Healthcare went down with a -2.30% change.
  • Energy went down with a -2.93% change.
  • Materials went down with a -3.08% change.
  • Communication Services went down with a -3.14% change.
  • Information Technology went down with a -3.86% change.
  • Consumer Discretionary went down with a -3.91% change.
  • Industrials went down with a -4.35% change.
  • Financials went down with a -4.40% change.

Televisa is based in Mexico City. It was founded by Emilio Azcárraga Milmo in January 1973.

Grupo Televisa SAB ADR Info

Grupo Televisa, S.A.B. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States. It also offers programming services for cable and pay-per-view television companies in Mexico, other countries in Latin America, the United States, and Europe; and licenses and syndicates television programming. The Sky segment offers direct-to-home broadcast satellite pay television services comprising program, installation, and equipment rental services to subscribers in Mexico, Central America, and the Dominican Republic; and national advertising sales. The Cable segment operates cable multiple system and telecommunication facilities. It provides basic and premium television subscription, pay-per-view, installation, Internet subscription, and telephone services, as well as local and national advertising sales; and data and long-distance services solutions to carriers and other telecommunications service providers through its fiber-optic network. The Other Businesses segment is involved in sports and show business promotion, soccer, feature film production and distribution, gaming, radio, publishing, and publishing distribution businesses. Grupo Televisa, S.A.B. was founded in 1990 and is based in Mexico City, Mexico.

All amounts in USD unless otherwise indicated

(1) The Altman Z-Score calculation was first published in 1968 by Edward I. Altman, and is used for predicting the probability that a firm will go into bankruptcy within two years. An Altman Z-Score below 1.8 (Remember that Grupo Televisa SAB ADR’s score is 1.40) is the trigger to be alert for this situation. Some analysts believe this score is less relevant for some companies, in particular companies operating to accumulate users that may run at huge losses to scale up.

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