| 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 | Poor |
| EBIT growth | Good |
ANALYSIS
| Confident Investor Rating | Good |
| Target stock price (TWCA growth scenario) | $26.64 |
| Target stock price (averages with growth) | $24.36 |
| Target stock price (averages with no growth) | $24.36 |
| Target stock price (manual assumptions) | $25.59 |
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/gtn
Gray Television, Inc., incorporated on January 25, 1897, is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. The Company owns stations and digital properties in 91 TV markets including 150 affiliates of NBC Network (NBC), affiliates of the ABC Network (ABC) and affiliates of the FOX Network (FOX). In addition to a primary broadcast channel, each of its stations can also broadcast additional secondary digital channels within a market by utilizing the same bandwidth, but with different programming from the primary channel.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Gray Television, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable.
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.
[s2If current_user_can(access_s2member_level1)]
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: $17.26
- Growth: 0.2
- Current EPS (TTM): $1.84
- P/E: 9
- Future EPS Calc: $4.57
- Future Stock Price Calc: $41.2
- Target stock price: $25.58
[/s2If]
I hope that this makes you a Confident Investor.