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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.09 million shares were traded.
Ratios:
For a better understanding of GTN, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.13.
On November 09, 2022, Wells Fargo Downgraded its rating to Underweight which previously was Overweight and also lowered its target price recommendation from $25 to $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when McTear Paul sold 17,780 shares for $3.77 per share. The transaction valued at 67,020 led to the insider holds 95,360 shares of the business.
McTear Paul bought 17,880 shares of GTN for $74,023 on Dec 11 ’24. On Dec 02 ’24, another insider, Latek Kevin Paul, who serves as the EVP Chief L & D Officer of the company, sold 150,216 shares for $4.37 each. As a result, the insider received 656,444 and left with 509,212 shares of the company.
Valuation Measures:
As of this moment, Gray’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.18.
Stock Price History:
Over the past 52 weeks, GTN has reached a high of $8.66, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is 8.91%, while the 200-Day Moving Average is calculated to be -19.78%.
Shares Statistics:
A total of 90.82M shares are outstanding, with a floating share count of 84.60M. Insiders hold about 15.12% of the company’s shares, while institutions hold 66.36% stake in the company.
Earnings Estimates
The market rating for Gray Media Inc (GTN) is a result of the insights provided by 3.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.19 and low estimates of -$0.34.
Analysts are recommending an EPS of between $2.4 and $2.4 for the fiscal current year, implying an average EPS of $2.4. EPS for the following year is -$0.5, with 3.0 analysts recommending between -$0.25 and -$0.82.
Revenue Estimates
6 analysts predict $1.04B in revenue for the current quarter. It ranges from a high estimate of $1.04B to a low estimate of $1.03B. As of the current estimate, Gray Media Inc’s year-ago sales were $864MFor the next quarter, 6 analysts are estimating revenue of $797.86M. There is a high estimate of $807M for the next quarter, whereas the lowest estimate is $785.8M.
A total of 6 analysts have provided revenue estimates for GTN’s current fiscal year. The highest revenue estimate was $3.64B, while the lowest revenue estimate was $3.63B, resulting in an average revenue estimate of $3.64B. In the same quarter a year ago, actual revenue was $3.28BBased on 6 analysts’ estimates, the company’s revenue will be $3.23B in the next fiscal year. The high estimate is $3.28B and the low estimate is $3.21B.