Sinclair Broadcast Group Stock Buy Hold or Sell Recommendation
| SBGI Stock | USD 12.10 0.32 2.72% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Sinclair Broadcast Group is 'Hold'. Macroaxis provides Sinclair Broadcast buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SBGI positions. The advice algorithm takes into account all of Sinclair Broadcast's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Sinclair Broadcast's buy or sell advice are summarized below:
Real Value 15.13 | Target Price 18.5 | Hype Value 12.05 | Market Value 12.1 | Naive Value 10.96 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Sinclair Broadcast Group given historical horizon and risk tolerance towards Sinclair Broadcast. When Macroaxis issues a 'buy' or 'sell' recommendation for Sinclair Broadcast Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Sinclair |
Execute Sinclair Broadcast Buy or Sell Advice
The Sinclair recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Sinclair Broadcast Group. Macroaxis does not own or have any residual interests in Sinclair Broadcast Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Sinclair Broadcast's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Sinclair Broadcast Trading Alerts and Improvement Suggestions
| Sinclair Broadcast generated a negative expected return over the last 90 days | |
| Sinclair Broadcast has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 3.13 B. Net Loss for the year was (291 M) with profit before overhead, payroll, taxes, and interest of 1.85 B. | |
| Sinclair Broadcast has a frail financial position based on the latest SEC disclosures | |
| About 69.0% of the company shares are owned by institutional investors | |
| On 25th of March 2024 Sinclair Broadcast paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: US sports broadcaster Diamond begins vote on bankruptcy restructuring |
Sinclair Broadcast Returns Distribution Density
The distribution of Sinclair Broadcast's historical returns is an attempt to chart the uncertainty of Sinclair Broadcast's future price movements. The chart of the probability distribution of Sinclair Broadcast daily returns describes the distribution of returns around its average expected value. We use Sinclair Broadcast Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Sinclair Broadcast returns is essential to provide solid investment advice for Sinclair Broadcast.
| Mean Return | -0.04 | Value At Risk | -6.92 | Potential Upside | 7.19 | Standard Deviation | 4.82 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Sinclair Broadcast 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.
Sinclair Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sinclair Broadcast is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sinclair Broadcast Group backward and forwards among themselves. Sinclair Broadcast's institutional investor refers to the entity that pools money to purchase Sinclair Broadcast'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 | Charles Schwab Investment Management Inc | 2023-12-31 | 648.5 K | Pinnacle Associates Inc | 2023-12-31 | 642.7 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 431.6 K | Bank Of New York Mellon Corp | 2023-12-31 | 418.6 K | Millennium Management Llc | 2023-12-31 | 384.9 K | Northern Trust Corp | 2023-12-31 | 381.6 K | Alden Global Capital Llc | 2023-09-30 | 346.9 K | Goldman Sachs Group Inc | 2023-12-31 | 344 K | Aqr Capital Management Llc | 2023-12-31 | 327 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 3.5 M | Vanguard Group Inc | 2023-12-31 | 3.4 M |
Sinclair Broadcast Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 273M | (71M) | (443M) | 65M | (222M) | (210.9M) | |
| Free Cash Flow | 760M | 1.4B | 247M | 694M | 143M | 150.2M | |
| Depreciation | 1.1B | 1.8B | 2.9B | 647M | 351M | 401.9M | |
| Other Non Cash Items | (434M) | 2.7B | (1.9B) | (3.5B) | 104M | 109.2M | |
| Capital Expenditures | 156M | 157M | 80M | 105M | 92M | 87.4M | |
| Net Income | 105M | (2.4B) | (326M) | 2.7B | (291M) | (276.5M) | |
| End Period Cash Flow | 1.3B | 1.3B | 819M | 884M | 662M | 695.1M | |
| Dividends Paid | 106M | 99M | 65M | 77M | (65M) | (61.8M) | |
| Change To Inventory | (117.9M) | (121M) | 150M | (185M) | (166.5M) | (158.2M) | |
| Change To Netincome | 134M | 3.7B | (10M) | (2.4B) | (2.7B) | (2.6B) | |
| Investments | (452M) | (139M) | (256M) | 24M | 52M | 54.6M | |
| Net Borrowings | 8.5B | 61M | (245M) | (135M) | (155.3M) | (147.5M) |
Sinclair Broadcast 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 Sinclair Broadcast 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 Sinclair Broadcast'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 Sinclair 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 | -0.13 | |
β | Beta against NYSE Composite | 1.37 | |
σ | Overall volatility | 4.22 | |
Ir | Information ratio | -0.02 |
Sinclair Broadcast Volatility Alert
Sinclair Broadcast Group exhibits very low volatility with skewness of 0.77 and kurtosis of 2.34. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Sinclair Broadcast'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 Sinclair Broadcast'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.Sinclair Broadcast Fundamentals Vs Peers
Comparing Sinclair Broadcast'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 Sinclair Broadcast's direct or indirect competition across all of the common fundamentals between Sinclair Broadcast and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sinclair Broadcast or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sinclair Broadcast's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sinclair Broadcast by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sinclair Broadcast to competition |
| Fundamentals | Sinclair Broadcast | Peer Average |
| Return On Equity | -0.51 | -0.31 |
| Return On Asset | -0.0309 | -0.14 |
| Profit Margin | (0.09) % | (1.27) % |
| Operating Margin | (0.46) % | (5.51) % |
| Current Valuation | 4.39 B | 16.62 B |
| Shares Outstanding | 39.83 M | 571.82 M |
| Shares Owned By Insiders | 11.36 % | 10.09 % |
| Shares Owned By Institutions | 69.40 % | 39.21 % |
| Number Of Shares Shorted | 3.38 M | 4.71 M |
| Price To Earning | 13.04 X | 28.72 X |
| Price To Book | 2.66 X | 9.51 X |
| Price To Sales | 0.24 X | 11.42 X |
| Revenue | 3.13 B | 9.43 B |
| Gross Profit | 1.85 B | 27.38 B |
| EBITDA | 33 M | 3.9 B |
| Net Income | (291 M) | 570.98 M |
| Cash And Equivalents | 420 M | 2.7 B |
| Cash Per Share | 6.01 X | 5.01 X |
| Total Debt | 4.35 B | 5.32 B |
| Debt To Equity | 5.38 % | 48.70 % |
| Current Ratio | 2.21 X | 2.16 X |
| Book Value Per Share | 4.49 X | 1.93 K |
| Cash Flow From Operations | 235 M | 971.22 M |
| Short Ratio | 6.20 X | 4.00 X |
| Earnings Per Share | (4.46) X | 3.12 X |
| Price To Earnings To Growth | 0.89 X | 4.89 X |
| Target Price | 16.67 | |
| Number Of Employees | 7.3 K | 18.84 K |
| Beta | 1.36 | -0.15 |
| Market Capitalization | 769.58 M | 19.03 B |
| Total Asset | 6.61 B | 29.47 B |
| Retained Earnings | (234 M) | 9.33 B |
| Working Capital | 372 M | 1.48 B |
Note: Acquisition by Benson Legg of 13416 shares of Sinclair Broadcast subject to Rule 16b-3 [view details]
Sinclair Broadcast Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Sinclair . 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 Sinclair Broadcast Buy or Sell Advice
When is the right time to buy or sell Sinclair Broadcast Group? Buying financial instruments such as Sinclair 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 | 12.6B | 4.4B | 4.3B | 3.6B | Total Assets | 12.5B | 6.7B | 6.6B | 4.9B |
Use Investing Ideas to Build Portfolios
In addition to having Sinclair Broadcast 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?
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Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 46 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 Toys Theme or any other thematic opportunities.
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Check out Sinclair Broadcast 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. Note that the Sinclair Broadcast information on this page should be used as a complementary analysis to other Sinclair Broadcast's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Sinclair Stock analysis
When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast'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 Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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Is Sinclair Broadcast'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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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 (0.93) | Dividend Share 1 | Earnings Share (4.46) | Revenue Per Share 48.123 | Quarterly Revenue Growth (0.14) |
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.