Gray Television Stock in Brief

By Emilio Sanchez • Tuesday, October 10 10:33 • Permanent Link

Gray Television logged a 2.2% change during today's morning session, and is now trading at a price of $6.33 per share. The S&P 500 index moved 1.0%. GTN's trading volume is 511,434 compared to the stock's average volume of 1,008,000.

Gray Television trades -52.26% away from its average analyst target price of $13.25 per share. The 8 analysts following the stock have set target prices ranging from $5.0 to $20.0, and on average have given Gray Television a rating of buy.

If you are considering an investment in GTN, you'll want to know the following:

Gray Television has moved -55.0% over the last year, and the S&P 500 logged a change of 23.0%
Based on its trailing earnings per share of 2.31, Gray Television has a trailing 12 month Price to Earnings (P/E) ratio of 2.7 while the S&P 500 average is 15.97
GTN has a forward P/E ratio of 1.4 based on its forward 12 month price to earnings (EPS) of $4.41 per share
The company has a price to earnings growth (PEG) ratio of -0.22 — a number near or below 1 signifying that Gray Television is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 0.28 compared to its sector average of 3.78
Gray Television, Inc., a television broadcasting company, owns and/or operates television stations and digital assets in the United States.
Based in Atlanta, the company has 8,942 full time employees and a market cap of $608.17 Million. Gray Television currently returns an annual dividend yield of 5.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.