Gray Television, Inc. (NYSE:GTN) shows monthly volitility of 4.14%


Gray Television, Inc. (NYSE:GTN) reported its last quarter results on 11/08/2016. This Company belongs to Consumer Discretionary sector.

In the last trading session, The Company traded 1.69 Million shares. The Stock Market opened sessions at 10.95 and closed at 10.55. There was a stock decrease by -3.65 percent.

According to Yahoo Finance, the price target for the company which analysts are aiming is 14. The 1-year price target of the company is 12.75.

Investors expected a price target of 0.28 for this quarter.  Zacks Investment Research gave Gray Television, Inc. (NYSE:GTN) a rating of 1 on a scale of 1 to 5. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Considering the performance, Gray Television, Inc. (NYSE:GTN)’s shares have the potential to reach a high EPS of 0.52 per share, and a low EPS of 0.48 per share in the current quarter. All of these Earnings estimates are a consensus recommendation of 4 Analysts. According to them, the median (average) EPS the company could deliver is 0.49/share. While the actual EPS the company reported in the same quarter previous year was 0.22/share.

For the quarter ending 08/04/2016, The Analyst projected that the company could deliver EPS of 0.25 while the company provided its Actual EPS of 0.24 showing a difference of -0.01 Percent between the Estimated and Actual EPS. Hence, the surprise factor was -4 percent.

Analysts estimated $0.39/share for the previous Quarter, where Gray Television, Inc. (NYSE:GTN) reported Actual EPS of $0/share with the difference of -0.39 percent and a surprise of -100 percent.

The 5 analysts offering 12-month price forecasts for Gray Television Inc have a median target of 12.00, with a high estimate of 16.00 and a low estimate of 11.00. The median estimate represents a +13.74% increase from the last price of 10.55.

For the current quarter, the highest estimate analysts provided is 234.8 Million and the lowest is 231.44 Million. These 3 Analysts are also projecting the mean revenue estimate of 233.58 Million. The year ago sales the company reported in the same quarter is 169.49 Million.

While Looking at Sales Growth (Year/est), the company is currently showing a percentage value of 26.5 percent.

Gray Television, Inc. (NYSE:GTN) topped its 52-week high price target of 14.77 on May 9, 2016. The company reached a 52-week low at 7 on Nov 8, 2016.

The company’s stock currently has 762.87 Million in market capitalization. The volatility rate is 3.87% percent and 4.14% percent each. Price per earning (ttm) stands at 18.48.

This year, the company showed a solid 26.5 percent of growth. The next year’s growth is calculated to be -3.5 percent. The company projects a long term annual growth estimate of 6.5 percent.

The company’s growth for the past 5 years has been at 21 percent. The Insider Ownership of the company currently is 1.6 percent, and Institutional Ownership is 86.1 percent.

Company Profile:

Gray Television is a communications company headquartered in Atlanta, Georgia, and currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers.