Sinclair Broadcast Stock Target Price and Analyst Consensus
| SBGI Stock | USD 12.12 0.07 0.57% |
The current analyst and expert consensus on Sinclair Broadcast is Hold, with 2 strong sell and 2 strong buy opinions. The current projected Sinclair Broadcast target price consensus is 18.50 with 8 analyst opinions. The most common way Sinclair Broadcast analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Sinclair Broadcast executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Sinclair Broadcast. We strongly encourage you to use your own analysis of Sinclair Broadcast to validate this buy or sell advice. Sinclair Broadcast buy-or-sell recommendation module provides average expert sentiment on the projected Sinclair Broadcast target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Sinclair Broadcast to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 16.84 | Highest Forecast 20.54 | Target Price 18.5 |
Sinclair |
It's important to approach Sinclair Broadcast's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Sinclair Broadcast Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sinclair target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Sinclair Broadcast's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 8 | Hold |
Most Sinclair analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Sinclair stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Sinclair Broadcast, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSinclair Broadcast Target Price Projection
Sinclair Broadcast's current and average target prices are 12.12 and 18.50, respectively. The current price of Sinclair Broadcast is the price at which Sinclair Broadcast Group is currently trading. On the other hand, Sinclair Broadcast's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Sinclair Broadcast Market Quote on 27th of April 2024
Target Price
Analyst Consensus On Sinclair Broadcast Target Price
Sinclair Broadcast Analyst Ratings
Sinclair Broadcast's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Sinclair Broadcast stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Sinclair Broadcast's financials, market performance, and future outlook by experienced professionals. Sinclair Broadcast's historical ratings below, therefore, can serve as a valuable tool for investors.Analyst Consensus Breakdown
Average Consensus Estimates
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Sinclair Broadcast price targets
Sinclair Broadcast's stock target price is an estimate of its future price, usually made by analysts. Using Sinclair Broadcast's target price to determine if it is a suitable investment can be done through the following steps:- Look at Sinclair Broadcast's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Sinclair Broadcast's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Sinclair Broadcast Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Sinclair Broadcast is a key component of Sinclair Broadcast valuation and have some predictive power on the future returns of a Sinclair Broadcast.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sinclair Broadcast's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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Check out Macroaxis Advice on Sinclair Broadcast to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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The data published in Sinclair Broadcast's official financial statements usually reflect Sinclair Broadcast's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sinclair Broadcast. For example, before you start analyzing numbers published by Sinclair accountants, it's critical to develop an understanding of what Sinclair Broadcast's liquidity, profitability, and earnings quality are in the context of the Media space in which it operates.
Please note, the presentation of Sinclair Broadcast's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sinclair Broadcast's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sinclair Broadcast's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sinclair Broadcast Group. Please utilize our Beneish M Score to check the likelihood of Sinclair Broadcast's management manipulating its earnings.