|Company name||Gray Television, Inc.|
|Live stock price||[stckqut]GTN[/stckqut]|
|P/E compared to competitors||Good|
|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.
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How was this analysis of Gray Television, Inc. calculated?
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