Gray Television Stock Buy Hold or Sell Recommendation
GTN Stock | USD 5.87 0.05 0.84% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Gray Television is 'Hold'. Macroaxis provides Gray Television buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GTN positions. The advice algorithm takes into account all of Gray Television's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Gray Television's buy or sell advice are summarized below:
Real Value 7.48 | Target Price 13.25 | Hype Value 5.76 | Market Value 5.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Gray Television given historical horizon and risk tolerance towards Gray Television. When Macroaxis issues a 'buy' or 'sell' recommendation for Gray Television, the advice is generated through an automated system that utilizes algorithms and statistical models.
Gray |
Execute Gray Television Buy or Sell Advice
The Gray recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Gray Television. Macroaxis does not own or have any residual interests in Gray Television or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Gray Television's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Gray Television Trading Alerts and Improvement Suggestions
Gray Television generated a negative expected return over the last 90 days | |
Gray Television has high historical volatility and very poor performance | |
The company reported the last year's revenue of 3.28 B. Reported Net Loss for the year was (76 M) with profit before taxes, overhead, and interest of 1.43 B. | |
Over 86.0% of the company shares are owned by institutional investors | |
On 28th of March 2024 Gray Television paid $ 0.08 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Gray Renews InvestigateTV For 2024-2025 Season |
Gray Television Returns Distribution Density
The distribution of Gray Television's historical returns is an attempt to chart the uncertainty of Gray Television's future price movements. The chart of the probability distribution of Gray Television daily returns describes the distribution of returns around its average expected value. We use Gray Television price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Gray Television returns is essential to provide solid investment advice for Gray Television.
Mean Return | -0.47 | Value At Risk | -5.32 | Potential Upside | 5.95 | Standard Deviation | 4.52 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Gray Television historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Gray Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Gray Television is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Gray Television backward and forwards among themselves. Gray Television's institutional investor refers to the entity that pools money to purchase Gray Television's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Penn Capital Management Company Llc | 2023-12-31 | 1.8 M | Geode Capital Management, Llc | 2023-12-31 | 1.8 M | Clearbridge Advisors, Llc | 2023-12-31 | 1.3 M | Jpmorgan Chase & Co | 2023-12-31 | 1.3 M | New York State Common Retirement Fund | 2023-12-31 | 1.3 M | Tributary Capital Management, Llc | 2023-12-31 | 1.2 M | Deutsche Bank Ag | 2023-12-31 | 1.2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1 M | Citadel Advisors Llc | 2023-09-30 | 952.9 K | Blackrock Inc | 2023-12-31 | 7.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 5.3 M |
Gray Television Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 5.0M | 31.6M | (51M) | (43M) | (45.9M) | (43.6M) | |
Change In Cash | (1.2B) | 561M | (584M) | (128M) | (40M) | (38M) | |
Free Cash Flow | 275M | 542M | 93M | 393M | 300M | 315M | |
Depreciation | 234M | 239M | 259M | 384M | 339M | 356.0M | |
Other Non Cash Items | (75M) | (33M) | 1M | (18M) | 121M | 127.1M | |
Net Income | 179M | 410M | 90M | 455M | (76M) | (72.2M) | |
End Period Cash Flow | 212M | 773M | 189M | 61M | 21M | 20.0M | |
Change To Netincome | (15M) | 47M | (18M) | (49M) | (44.1M) | (41.9M) | |
Change Receivables | 22M | (14M) | (30M) | (26M) | (23.4M) | (22.2M) | |
Net Borrowings | 1.2B | 275M | 2.8B | (315M) | (362.3M) | (344.1M) | |
Investments | (2.7B) | (48M) | (49M) | (16M) | (400M) | (420M) |
Gray Television Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Gray Television or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Gray Television's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Gray stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.65 | |
β | Beta against NYSE Composite | 2.12 | |
σ | Overall volatility | 4.59 | |
Ir | Information ratio | -0.12 |
Gray Television Volatility Alert
Gray Television exhibits very low volatility with skewness of -2.16 and kurtosis of 9.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gray Television's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gray Television's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Gray Television Fundamentals Vs Peers
Comparing Gray Television's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gray Television's direct or indirect competition across all of the common fundamentals between Gray Television and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gray Television or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gray Television's fundamental indicators could also be used in its relative valuation, which is a method of valuing Gray Television by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Gray Television to competition |
Fundamentals | Gray Television | Peer Average |
Return On Equity | -0.0282 | -0.31 |
Return On Asset | 0.0258 | -0.14 |
Profit Margin | (0.02) % | (1.27) % |
Operating Margin | 0.14 % | (5.51) % |
Current Valuation | 7.42 B | 16.62 B |
Shares Outstanding | 90.35 M | 571.82 M |
Shares Owned By Insiders | 6.64 % | 10.09 % |
Shares Owned By Institutions | 85.69 % | 39.21 % |
Number Of Shares Shorted | 6.69 M | 4.71 M |
Price To Earning | 3.27 X | 28.72 X |
Price To Book | 0.28 X | 9.51 X |
Price To Sales | 0.17 X | 11.42 X |
Revenue | 3.28 B | 9.43 B |
Gross Profit | 1.43 B | 27.38 B |
EBITDA | 787 M | 3.9 B |
Net Income | (76 M) | 570.98 M |
Cash And Equivalents | 162 M | 2.7 B |
Cash Per Share | 1.77 X | 5.01 X |
Total Debt | 6.24 B | 5.32 B |
Debt To Equity | 2.72 % | 48.70 % |
Current Ratio | 2.54 X | 2.16 X |
Book Value Per Share | 21.25 X | 1.93 K |
Cash Flow From Operations | 648 M | 971.22 M |
Short Ratio | 4.72 X | 4.00 X |
Earnings Per Share | (1.39) X | 3.12 X |
Price To Earnings To Growth | 0.20 X | 4.89 X |
Target Price | 10.42 | |
Number Of Employees | 9.37 K | 18.84 K |
Beta | 1.56 | -0.15 |
Market Capitalization | 602.06 M | 19.03 B |
Total Asset | 10.77 B | 29.47 B |
Retained Earnings | 1.08 B | 9.33 B |
Working Capital | 73 M | 1.48 B |
Note: Disposition of 18357 shares by Kevin Latek of Gray Television at 5.84 subject to Rule 16b-3 [view details]
Gray Television Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Gray . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Gray Television Buy or Sell Advice
When is the right time to buy or sell Gray Television? Buying financial instruments such as Gray Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6.8B | 6.5B | 6.2B | 6.6B | Total Assets | 11.1B | 11.2B | 10.8B | 11.3B |
Use Investing Ideas to Build Portfolios
In addition to having Gray Television in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alcohol Thematic Idea Now
Alcohol
Companies involved in production and distribution of wines and alcoholic beverages. The Alcohol theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alcohol Theme or any other thematic opportunities.
View All Next | Launch |
Check out Gray Television Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Gray Stock analysis
When running Gray Television's price analysis, check to measure Gray Television's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gray Television is operating at the current time. Most of Gray Television's value examination focuses on studying past and present price action to predict the probability of Gray Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gray Television's price. Additionally, you may evaluate how the addition of Gray Television to your portfolios can decrease your overall portfolio volatility.
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is Gray Television's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 10.164 | Dividend Share 0.32 | Earnings Share (1.39) | Revenue Per Share 35.663 | Quarterly Revenue Growth (0.19) |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.