Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Sinclair Inc’s stock clocked out at $14.94, down -4.81% from its previous closing price of $15.69. In other words, the price has decreased by -$4.81 from its previous closing price. On the day, 0.63 million shares were traded.
Ratios:
To gain a deeper understanding of SBGI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.22. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 7.19 whereas as Long-Term Debt/Eq ratio is at 7.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on November 07, 2024, Upgraded its rating to Equal Weight and sets its target price to $19 from $13 previously.
On December 08, 2022, JP Morgan Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $25 to $16.
Wells Fargo Downgraded its Overweight to Underweight on November 03, 2022, whereas the target price for the stock was revised from $30 to $16.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 08 ’25 when SMITH DAVID D bought 122,072 shares for $13.66 per share. The transaction valued at 1,667,272 led to the insider holds 1,462,956 shares of the business.
SMITH DAVID D bought 63,073 shares of SBGI for $814,083 on Apr 09 ’25. The Executive Chairman now owns 1,526,029 shares after completing the transaction at $12.91 per share. On Apr 03 ’25, another insider, SMITH DAVID D, who serves as the Executive Chairman of the company, bought 125,197 shares for $14.98 each. As a result, the insider paid 1,875,539 and bolstered with 1,207,968 shares of the company.
Valuation Measures:
As of this moment, Sinclair’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.56, and their Forward P/E ratio for the next fiscal year is 8.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 1.70.
Stock Price History:
Over the past 52 weeks, SBGI has reached a high of $18.45, while it has fallen to a 52-week low of $11.13. The 50-Day Moving Average of the stock is 0.66%, while the 200-Day Moving Average is calculated to be -2.37%.
Shares Statistics:
A total of 45.80M shares are outstanding, with a floating share count of 40.00M. Insiders hold about 42.50% of the company’s shares, while institutions hold 38.05% stake in the company.