Gray Television, Inc. ($GTN) Possible Buy to $13 Confident Investor Rating: Good
| Company name | Gray Television, Inc. |
| Stock ticker | GTN |
| Live stock price | [stckqut]GTN[/stckqut] |
| P/E compared to competitors | Good |
MANAGEMENT EXECUTION
| Employee productivity | Poor |
| Sales growth | Good |
| EPS growth | Good |
| P/E growth | Good |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $19.07 |
| Target stock price (averages with growth) | $16.32 |
| Target stock price (averages with no growth) | $8.05 |
| Target stock price (manual assumptions) | $14.16 |
The following company description is from Google Finance: http://www.google.com/finance?q=gtn
Gray Television Inc. (Gray) is a broadcast company, which owns and/or operates television stations and digital assets in markets throughout the United States. Gray owns and operates television stations in 44 television markets broadcasting 139 program streams including 76 affiliates of the Big Four networks (ABC, CBS, NBC and FOX). Gray’s owned and/or operated stations include 26 channels affiliated with the CBS Network, 24 channels affiliated with the NBC Network, 16 channels affiliated with the ABC Network and 10 channels affiliated with the FOX Network. Gray reaches approximately 8.1% of total United States television households.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Gray Television, Inc.
If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.
How was this analysis of Gray Television, Inc. calculated?
For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:
- Stock price at the time of the calculation: $12.3
- Growth: 0.13
- Current EPS (TTM): $1.04
- P/E: 11.9
- Future EPS Calc: $1.91
- Future Stock Price Calc: $22.8
- Target stock price: $14.15
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I hope that this makes you a Confident Investor.
