Gray Television Stock Analysis

GTNA Stock  USD 7.62  0.24  3.25%   
Gray Television is overvalued with Real Value of 6.07 and Hype Value of 7.64. The main objective of Gray Television stock analysis is to determine its intrinsic value, which is an estimate of what Gray Television is worth, separate from its market price. There are two main types of Gray Television's stock analysis: fundamental analysis and technical analysis.
The Gray Television stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Gray Television's ongoing operational relationships across important fundamental and technical indicators.
  
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.

Gray Television Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Gray Television's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Gray Television or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
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 Largest EPS Surprises

Earnings surprises can significantly impact Gray Television's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-23
2023-12-31-0.16-0.2366-0.076647 
2023-08-04
2023-06-30-0.1914-0.10.091447 
2022-05-06
2022-03-310.37480.520.145238 
View All Earnings Estimates

Gray Television Environmental, Social, and Governance (ESG) Scores

Gray Television's ESG score is a quantitative measure that evaluates Gray Television's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Gray Television's operations that may have significant financial implications and affect Gray Television's stock price as well as guide investors towards more socially responsible investments.

Gray Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 852.28 M.

Gray Profitablity

Last ReportedProjected 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 

Management Efficiency

At present, Gray Television's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.02, whereas Return On Tangible Assets are forecasted to decline to 0.02. At present, Gray Television's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 7.6 B, whereas Other Current Assets are forecasted to decline to about 19.3 M. Gray Television's management efficiency ratios could be used to measure how well Gray Television manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 13.18  13.83 
Tangible Book Value Per Share(3.98)(4.18)
Enterprise Value Over EBITDA 9.47  11.72 
Price Book Value Ratio 1.09  1.03 
Enterprise Value Multiple 9.47  11.72 
Price Fair Value 1.09  1.03 
Enterprise Value705.6 M627.2 M
Leadership effectiveness at Gray Television is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Return On Equity
0.1103

Technical Drivers

As of the 25th of November, Gray Television retains the market risk adjusted performance of (0.06), and Risk Adjusted Performance of 0.017. 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 Price Movement Analysis

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The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Gray Television middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Gray Television. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Gray Television 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.

Gray Television Outstanding 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 Predictive Daily 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 Forecast Models

Gray Television's time-series forecasting models are one of many Gray Television's stock analysis techniques aimed at predicting 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.

About Gray Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Gray Television prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Gray shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Gray Television. By using and applying Gray Stock analysis, traders can create a robust methodology for identifying Gray entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.12  0.11 
Operating Profit Margin 0.20  0.17 
Net Profit Margin 0.08  0.08 
Gross Profit Margin 0.43  0.75 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Gray Television to your portfolios without increasing risk or reducing expected return.

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Complementary Tools for Gray Stock analysis

When running Gray Television's price analysis, check to measure Gray Television's 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 Gray Television is operating at the current time. Most of Gray Television's value examination focuses on studying past and present price action to predict the probability of Gray Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gray Television's price. Additionally, you may evaluate how the addition of Gray Television to your portfolios can decrease your overall portfolio volatility.
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