Noticeable Stocks to Watch: Gray Television, Inc. (NYSE:GTN) & Digital Turbine, Inc. (NASDAQ:APPS)

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Gray Television, Inc. (NYSE:GTN)

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.

Gray Television, Inc. (NYSE:GTN)’s Financial Overview

Gray Television, Inc. (NYSE) surged 0.67% yesterday to close its trading session at $16.53. The company has 1 year Price Target of $22.86. Gray Television, Inc. has 52-Week high of $20.24 and 52-Week Low of $10.7. The stock touched its 52-Week High on 20.24 and 52-Week Low on 10.70. The stock traded with the volume of 424695 shares yesterday. The firm shows the market capitalization of $1.67 Billion.

Gray Television, Inc. (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.7/share against the analyst consensus estimate of $0.63/share. The difference between the actual and expected EPS is $0.07 a share with a surprise factor of 11.1%.

The firm is trading with SMA20 of 0.85 Percent, SMA50 of 1.03 Percent and SMA200 of 5.52 percent. Gray Television, Inc. has P/S value of 1.68 while its P/B value stands at 1.32. Similarly, the company has Return on Assets of 8.8 percent, Return on Equity of 28 percent and Return on Investment of 7.5 Percent. The company shows Gross Margin and Operating Margin of 40.6 percent and 29.6 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 1.6 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 7 analysts offering 12-month price forecasts for Gray Television Inc have a median target of 23.00, with a high estimate of 29.00 and a low estimate of 20.00. The median estimate represents a +39.14% increase from the last price of 16.53.

Gray Television, Inc. is estimated to report earnings on 02/26/2019. 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 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.92. The reported EPS for the same quarter last year was $0.4.

Digital Turbine, Inc. (NASDAQ:APPS)

Digital Turbine Inc. offers products and solutions for mobile operators, device OEMs and third parties. The company’s product include DT Ignite(TM) & a mobile device management solution with targeted app distribution capabilities, DT IQ(TM) & a customized user experience and app discovery tool, DT Marketplace(TM) & an application and content store and DT Pay(TM) & a content management and mobile payment solution. It operates primarily in Berlin, Singapore and Sydney. Digital Turbine, Inc., formerly known as Mandalay Digital Group, Inc., is headquartered in Austin, Texas.

Digital Turbine, Inc. (NASDAQ:APPS)’s Financial Outlook

The 5 analysts offering 12-month price forecasts for Digital Turbine Inc have a median target of 3.00, with a high estimate of 3.50 and a low estimate of 2.70. The median estimate represents a +2.74% increase from the last price of 2.92.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

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

The Stock surged 8.15% and closed its last trading session at $2.92. The company has the market capitalization of $226.71 Million. The stock has 52-week high of $2.95 and 52-Week low of $1.12. The firm touched its 52-Week high on 2.78 and 52-Week low on 1.12. The company has volume of 2.88 Million shares. The company has a total of 77.64 Million shares outstanding.

The company has YTD performance of 59.56 percent. Beta for Digital Turbine, Inc. stands at 1.58 while its ATR (average true range) is 0.17. The company has Weekly Volatility of 7.81%% and Monthly Volatility of 6.92%%.

Digital Turbine, Inc. has distance from 20-day Simple Moving Average (SMA20) of 30.62%, Distance from 50-Day Simple Moving Average of 42.22 percent and Distance from 200-Day Simple Moving Average of 79.59%.

The Company currently has ROA (Return on Assets) of 0 percent, Return on Equity (ROE) of 0 Percent and Return on Investment (ROI) of -65.3% with Gross margin of 38 percent and Operating & Profit margin of 0% and 0% respectively.

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