Uncategorized

News Review: Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) & Eversource Energy (NYSE:ES)

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)

Sinclair Broadcast Group is a diversified broadcasting company that owns or provides programming services pursuant to local marketing agreements to more television stations than any other commercial broadcasting group in the United States.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)’s Financial Overview

Sinclair Broadcast Group, Inc. (NASDAQ) surged 1.13% yesterday to close its trading session at $32.12. The company has 1 year Price Target of $36.6. Sinclair Broadcast Group, Inc. has 52-Week high of $37.55 and 52-Week Low of $25.13. The stock touched its 52-Week High on 37.55 and 52-Week Low on 25.13. The stock traded with the volume of 933976 shares yesterday. The firm shows the market capitalization of $3.13 Billion.

Sinclair Broadcast Group, Inc. (NASDAQ) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.62/share against the analyst consensus estimate of $0.54/share. The difference between the actual and expected EPS is $0.08 a share with a surprise factor of 14.8%.

The firm is trading with SMA20 of 4.32 Percent, SMA50 of 8.73 Percent and SMA200 of 9.67 percent. Sinclair Broadcast Group, Inc. has P/S value of 1.08 while its P/B value stands at 2.02. Similarly, the company has Return on Assets of 8.7 percent, Return on Equity of 36 percent and Return on Investment of 9.4 Percent. The company shows Gross Margin and Operating Margin of 59.2 percent and 26 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.6 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 8 analysts offering 12-month price forecasts for Sinclair Broadcast Group Inc have a median target of 38.00, with a high estimate of 45.00 and a low estimate of 34.00. The median estimate represents a +18.31% increase from the last price of 32.12.

Sinclair Broadcast Group, Inc. is expected* to report earnings on 02/27/2019 before market open. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.98. The reported EPS for the same quarter last year was $1.67.

Eversource Energy (NYSE:ES)

Eversource Energy is engaged in transmission and distribution of electricity and natural gas. The company operates primarily in Connecticut, Massachusetts and New Hampshire. Eversource Energy, formerly known as Northeast Utilities, is based in Springfield, Massachusetts.

Eversource Energy (NYSE:ES)’s Financial Outlook

The 16 analysts offering 12-month price forecasts for Eversource Energy have a median target of 68.50, with a high estimate of 74.00 and a low estimate of 62.00. The median estimate represents a -2.53% decrease from the last price of 70.28.

Eversource Energy is estimated to report earnings on 02/28/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.75. The reported EPS for the same quarter last year was $0.75.

According to Zacks Investment Research, Eversource Energy has a Consensus Recommendation of 2.2. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.19% and closed its last trading session at $70.28. The company has the market capitalization of $22.26 Billion. The stock has 52-week high of $70.62 and 52-Week low of $52.76. The firm touched its 52-Week high on 70.53 and 52-Week low on 52.76. The company has volume of 1.25 Million shares. The company has a total of 316.75 Million shares outstanding.

Eversource Energy (NYSE) in the last quarter reported its actual EPS of $0.91/share where the analyst estimated EPS was $0.9/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 1.1 percent.

The company has YTD performance of 8.06 percent. Beta for Eversource Energy stands at 0.33 while its ATR (average true range) is 1.04. The company has Weekly Volatility of 1.27%% and Monthly Volatility of 1.53%%.

Eversource Energy has distance from 20-day Simple Moving Average (SMA20) of 3.1%, Distance from 50-Day Simple Moving Average of 4.4 percent and Distance from 200-Day Simple Moving Average of 12.87%.

The Company currently has ROA (Return on Assets) of 2.8 percent, Return on Equity (ROE) of 9.2 Percent and Return on Investment (ROI) of 5.5% with Gross margin of 0 percent and Operating & Profit margin of 21% and 12.5% respectively.