Jump to content
  • 0
Sign in to follow this  
Nick Robinson

Is Gray Television a good addition to my portfolio?

Question

1 answer to this question

Recommended Posts

  • 0

Whether a stock would make for a good addition to a portfolio can only be decided by the portfolio manager. However, we can take a look at some figures and see how the broadcasting company's stock is doing. Gray Television’s (NYSE:GTN) twelve-month P/E ratio is currently sitting at 7.01, which compares favourably to the S&P 500’s P/S ratio of 18.41 as well as to the sector’s ratio of 22.07. This also shows us that the stock is undervalued compared to its peers at the moment, at least to some degree.

The company has a P/S ratio of 1.26. This figure is far from its all-time highs, which further indicates undervalued trading, at least to some degree. Even though value-wise, Gray Television looks like a solid choice, the company's recent earnings estimates do not make for great reading, as none of them have gone up in the current quarter. Analysts rate the firm's stock with a Zacks Value Score of B and a Zacks Rank #3 (Hold).

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×
×
  • Create New...