Gray Television, Inc. ($GTN) Cautious Buy or Hold to $13 Confident Investor Rating: Fair

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 Fair
EPS growth Good
P/E growth Good
EBIT growth Poor

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $15.52
Target stock price (averages with growth) $13.17
Target stock price (averages with no growth) $6.37
Target stock price (manual assumptions) $21.6

The following company description is from Google Finance: http://www.google.com/finance?q=gtn

Gray Television, Inc. is a television broadcast company. The Company owns and operates television stations and digital assets in markets across the United States. The Company owns and/or operates television stations in approximately 50 television markets broadcasting over 180 separate programming streams, including approximately 40 affiliates of the CBS Network (CBS), over 30 affiliates of the NBC Network (NBC), approximately 20 affiliates of the ABC Network (ABC) and over 10 affiliates of the FOX Network (FOX). Along with primary broadcast channels, the Company can also broadcast secondary digital channels within a market. Its secondary digital channels are generally affiliated with networks different from those affiliated with its primary broadcast channels. It also broadcasts local news/weather channels in certain of its existing markets. Its television stations include WVLT and WBXX in Knoxville, Tennessee; WOWT in Omaha, Nebraska, and WDBJ in Roanoke-Lynchburg, Virginia.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Gray Television, Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

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