Saga Communications Inc Q3 2024 Earnings EPS at 0.20, Revenue Misses Estimate at 28. ...
SGA Stock | USD 12.98 0.02 0.15% |
About 62% of Saga Communications' investor base is looking to short. The current sentiment regarding investing in Saga Communications stock implies that many traders are alarmed. The current market sentiment, together with Saga Communications' historical and current headlines, can help investors time the market. In addition, many technical investors use Saga Communications stock news signals to limit their universe of possible portfolio assets.
Saga |
Revenue 28.1 million for Q3 2024, fell short of the analyst estimate of 28.70 million, and decreased by 3.5 percent compared to the same period last year.Net Incom
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Saga Communications Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Saga Communications can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Saga Communications Fundamental Analysis
We analyze Saga Communications' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Saga Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Saga Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
Saga Communications is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Saga Communications Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Saga Communications stock to make a market-neutral strategy. Peer analysis of Saga Communications could also be used in its relative valuation, which is a method of valuing Saga Communications by comparing valuation metrics with similar companies.
Peers
Saga Communications Related Equities
CMLS | Cumulus Media | 10.14 | ||||
RGLXY | RTL Group | 3.46 | ||||
PBSFY | ProSiebenSat1 Media | 2.61 | ||||
BBGI | Beasley Broadcast | 2.48 | ||||
IHRT | IHeartMedia | 1.30 | ||||
MDIA | Mediaco Holding | 17.79 |
Complementary Tools for Saga Stock analysis
When running Saga Communications' price analysis, check to measure Saga Communications' 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 Saga Communications is operating at the current time. Most of Saga Communications' value examination focuses on studying past and present price action to predict the probability of Saga Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saga Communications' price. Additionally, you may evaluate how the addition of Saga Communications to your portfolios can decrease your overall portfolio volatility.
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