Is Gray Television Stock a Good Investment?
Gray Television Investment Advice | GTNA |
- Examine Gray Television's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Gray Television's leadership team and their track record. Good management can help Gray Television navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Gray Television's business and its evolving consumer preferences.
- Compare Gray Television's performance and market position to its competitors. Analyze how Gray Television is positioned in terms of product offerings, innovation, and market share.
- Check if Gray Television pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Gray Television's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Gray Television stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Gray Television is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Gray Television Stock
Researching Gray Television's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years.
To determine if Gray Television is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Gray Television's research are outlined below:
| Gray Television had very high historical volatility over the last 90 days | |
| Gray Television is unlikely to experience financial distress in the next 2 years | |
| Gray Television has a strong financial position based on the latest SEC filings | |
| On 30th of September 2024 Gray Television paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Gray Television makes progress on debt reduction - Seeking Alpha |
Gray Television Quarterly Gross Profit |
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Gray Television's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 852.28 M.Market Cap |
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Gray Television's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.07 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.11 | 0.12 |
Determining Gray Television's profitability involves analyzing its financial statements and using various financial metrics to determine if Gray Television is a good buy. For example, gross profit margin measures Gray Television's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Gray Television's profitability and make more informed investment decisions.
Please note, the presentation of Gray Television's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gray Television's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Gray Television's management manipulating its earnings.
Basic technical analysis of Gray Stock
As of the 24th of November, Gray Television retains the risk adjusted performance of 0.017, and Market Risk Adjusted Performance of (0.06). Gray Television technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Gray Television's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Gray Television insiders, such as employees or executives, is commonly permitted as long as it does not rely on Gray Television's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Gray Television insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Atlantic American Corp over six months ago Disposition of tradable shares by Atlantic American Corp of Gray Television subject to Rule 16b-3 |
Gray Television's Outstanding Corporate Bonds
Gray Television issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Gray Television uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Gray bonds can be classified according to their maturity, which is the date when Gray Television has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| GRAY TELEVISION INC Corp BondUS389375AL09 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US38937LAB71 Corp BondUS38937LAB71 | View | |
| US38937LAC54 Corp BondUS38937LAC54 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Gray Television's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Gray Television's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.017 | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 4.19 | |||
| Semi Deviation | 6.25 | |||
| Downside Deviation | 7.16 | |||
| Coefficient Of Variation | 9617.62 | |||
| Standard Deviation | 7.67 | |||
| Variance | 58.78 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.1821 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 45.9 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 9.09 | |||
| Downside Variance | 51.31 | |||
| Semi Variance | 39.08 | |||
| Expected Short fall | (5.20) | |||
| Skewness | 1.37 | |||
| Kurtosis | 10.58 |
| Risk Adjusted Performance | 0.017 | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 4.19 | |||
| Semi Deviation | 6.25 | |||
| Downside Deviation | 7.16 | |||
| Coefficient Of Variation | 9617.62 | |||
| Standard Deviation | 7.67 | |||
| Variance | 58.78 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.1821 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 45.9 | |||
| Value At Risk | (8.30) | |||
| Potential Upside | 9.09 | |||
| Downside Variance | 51.31 | |||
| Semi Variance | 39.08 | |||
| Expected Short fall | (5.20) | |||
| Skewness | 1.37 | |||
| Kurtosis | 10.58 |
Consider Gray Television's intraday indicators
Gray Television intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gray Television stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Gray Television time-series forecasting models is one of many Gray Television's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Gray Television's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Gray Stock media impact
Far too much social signal, news, headlines, and media speculation about Gray Television that are available to investors today. That information is available publicly through Gray media outlets and privately through word of mouth or via Gray internal channels. However, regardless of the origin, that massive amount of Gray data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Gray Television news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Gray Television relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Gray Television's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Gray Television alpha.
When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gray Television. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Gray Stock refer to our How to Trade Gray Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gray Television. If investors know Gray will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gray Television listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.3178 | Return On Equity 0.1103 |
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gray Television's market value can be influenced by many factors that don't directly affect Gray Television's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Gray Television's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.