You should consider shares of Grupo Televisa S.A.B. (NYSE:TV) and CRISPR Therapeutics AG (NASDAQ:CRSP) if you are looking for a great stocks to invest in. Starting with the TV shares, which traded at $10.61 at the close of the recent session, dropping -0.75%. On Tuesday, the company’s shares shed -$0.08 from its value which represented in intraday trading. The stock is now -22.27% lower in year-to-date (YTD) trading. TV’s intraday high was $10.62 while its lowest price touched $10.45. The stock’s 52-week high price is $14.25, which means the current price is at -25.54%. In terms of trading activity, the daily trading volume fell to 1530482 against 200-day average trading volume of 2,351,202 shares.
What are analyst forecasts for Grupo Televisa S.A.B. (NYSE:TV)?
At a consensus rating of 3.86, TV is trending as a streaking Moderate Buy, as it has been the case a month ago when 6 analysts called it a Moderate Buy. Two months ago, 6 analysts recommended, on average, that TV stock is a Moderate Buy. The Services company’s shares’ overall bearish trend saw it close higher on Tuesday compared to its opening price of $10.56 on the day.
Forecasts for Grupo Televisa S.A.B. (NYSE:TV) give the stock a fair value for the growth of 18.95% from its last price. The 12-month price forecast for the stock by analysts puts the stock’s mean price target at $13.09, which means the price per share could rise by nearly $2.48. The price range target is between a low of $9.00 and a high of $20.47. The stock would need to gain by about $48.17 to hit the estimated high or 0.7% from its 12-month low.
The consensus among 16 analysts is that it is a good time for one to Overweight in the Grupo Televisa S.A.B. 7 analysts rate TV as a Buy, with 1 of 16 analysts rate it as a Sell. 1 have valued the stock as Overweight and 7 have recommended that investors Hold.
Grupo Televisa S.A.B. (NYSE:TV) Upgrades and Downgrades
In terms of rating changes, Barclays on November 11, 2019, Downgrade Grupo Televisa S.A.B. (TV) at Underweight. Analysts at Citigroup have assigned a Buy rating for the stock in their research note on February 01, 2019. Moreover, Goldman analysts issued a rating of Neutral for the stock on April 03, 2018, giving it a price target of $18 for the next 12 months. On December 15, 2017, the stock earned a Overweight rating due to an analyst call from JP Morgan, while analysts from Morgan Stanley on August 10, 2017 suggested that the stock is Equal-Weight.
CRISPR Therapeutics AG (NASDAQ:CRSP) adds $4.51 on Tuesday
The CRSP stock has risen 155.97% year-to-date and is currently trading at $73.13, which is -1.18% below its 52-week high. The company shares gained 6.57% on the day and have risen nearly 229.12% off a low hit. At current levels, CRISPR Therapeutics AG has a valuation of about $212.70M. As of 12/03/19, this stock has risen 11.36% during the week and closed at $68.62 in the previous session. However, recent CRISPR Therapeutics AG stock performance shows that CRSP shares are 43.70% up over the last month, and 60.80% up for the last three months.
Earnings per share (EPS) estimates for the current quarter are -$0.78, with the trailing 12-month share earnings at -$0.46. The ratio is expected to be up by 92.70% for the current year 2019 and -1,828.00% for next year. But will the CRSP stock surprise in the current quarter results, where the $2.4 actual EPS reported on 9/29/2019 surprised by 352.60% or was higher by $3.35 from the estimated -$0.95.
Sales Growth to decline -94.30% for the year
The consensus estimated for the current quarter is $35.83M from sales. Forecasts for this fiscal year are between $212.99M and $289.3M and the consensus estimate for sales is at $250.86M.
Who owns shares in CRISPR Therapeutics AG (CRSP)?
Let’s briefly focus on the share ownership of the CRISPR Therapeutics AG (NASDAQ:CRSP) stock, where we find that 44.50% of shares are held by institutions. Versant Venture Management, LLC tops the list of institutional owners as it is holding 4.23 million shares or 7.67% of shares outstanding. ARK Investment Management, LLC and Nikko Asset Management Americas, Inc. held 2.78 million and 2.78 million representing 5.04% and 5.03% respectively at the close of the last trading session. As of Sep 29, 2019, NEA Management Company, LLC accounted for 2.09 million shares at over 85.7 million. This represented 3.79% of shares outstanding. Cormorant Asset Management, LP held 1.08 million shares at over 44.45 million representing 1.96% of shares outstanding.
CRSP Insider Activity
Insider activity can also give a signal in terms of price direction. Looking at CRISPR Therapeutics AG (CRSP), a total of 259118 shares have been sold by insiders over the last 6 months while 264558 shares were added in the same time span. On 1/09/2019, President by the name Novak Rodger sold 82690.0 shares worth $2.9 million at the price of $35.01 per share. Filings also show that Novak Rodger sold a total of 64115.0 shares on 3/04/2019 valued at $2.6 million. Since the last insider activity, the company’s share price has climbed 83.19%.