Grupo Televisa S.A.B. (TV): Today's Featured Services Winner

Grupo Televisa S.A.B ( TV) pushed the Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.2%. By the end of trading, Grupo Televisa S.A.B rose $0.63 (2.6%) to $24.84 on average volume. Throughout the day, 2,506,101 shares of Grupo Televisa S.A.B exchanged hands as compared to its average daily volume of 1,792,200 shares. The stock ranged in a price between $23.92-$25.07 after having opened the day at $23.94 as compared to the previous trading day's close of $24.21. Other companies within the Services sector that increased today were: Birks & Mayors ( BMJ), up 40.4%, Era Group ( ERA), up 28.2%, Emmis Communications ( EMMS), up 18.2% and Arkansas Best Corporation ( ABFS), up 14.8%.

Grupo Televisa, S.A.B. operates as a media company. Grupo Televisa S.A.B has a market cap of $13.6 billion and is part of the media industry. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. Shares are down 8.9% year to date as of the close of trading on Thursday. Currently there is 1 analyst that rates Grupo Televisa S.A.B a buy, 1 analyst rates it a sell, and 3 rate it a hold.

TheStreet Ratings rates Grupo Televisa S.A.B as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Digital Domain Media Group ( DDMGQ), down 38.9%, Digital Domain Media Group ( DDMG), down 38.9%, Lime Energy ( LIME), down 14.3% and Daegis ( DAEG), down 10.0% , were all laggards within the services sector with Whole Foods Market ( WFM) being today's services sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Why John Malone Covets Univision Even as Growth Has Slowed and Debt Exceeds $8 Billion

Univision Makes Moves for IPO as Trump Berates 'The Media'

Univision Partners With Lionsgate for Another Digital Venture

Can Univision's New Digital Platforms Make For a Successful IPO?

Strong On High Relative Volume: Grupo Televisa SAB (TV)