Gray Media Inc [GTN] stock is trading at $3.75, up 0.54%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GTN shares have gain 12.95% over the last week, with a monthly amount glided 22.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Gray Media Inc [NYSE: GTN] stock has seen the most recent analyst activity on February 27, 2024, when Barrington Research downgraded its rating to a Mkt Perform. Previously, Wells Fargo downgraded its rating to Underweight on November 09, 2022, and dropped its price target to $7. Loop Capital started tracking the stock assigning a Buy rating and suggested a price target of $21 on October 15, 2020. Barrington Research reiterated its recommendation of a Outperform and reduced its price target to $20 on March 30, 2020. Wells Fargo started tracking with a Outperform rating for this stock on September 24, 2019, and assigned it a price target of $21. In a note dated March 04, 2019, Barrington Research reiterated an Outperform rating on this stock and boosted its target price from $23 to $26.
Gray Media Inc [GTN] stock has fluctuated between $2.91 and $10.07 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. Gray Media Inc [NYSE: GTN] shares were valued at $3.75 at the most recent close of the market. An investor can expect a potential return of 86.67% based on the average GTN price forecast.
Analyzing the GTN fundamentals
Gray Media Inc [NYSE:GTN] reported sales of 3.46B for the trailing twelve months, which represents a growth of 18.31%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.8.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.65 points at the first support level, and at 3.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.84, and for the 2nd resistance point, it is at 3.93.
Ratios To Look Out For
For context, Gray Media Inc’s Current Ratio is 1.13. In addition, the Quick Ratio stands at 1.08 and the Cash Ratio stands at 0.14. Considering the valuation of this stock, the price to sales ratio is 0.12, the price to book ratio is 0.18 and price to earnings (TTM) ratio is 2.50.
Transactions by insiders
Recent insider trading involved McTear Paul, Director, that happened on Dec 16 ’24 when 17780.0 shares were sold. Director, McTear Paul completed a deal on Dec 11 ’24 to buy 17880.0 shares. Meanwhile, EVP Chief L & D Officer Latek Kevin Paul sold 0.15 million shares on Dec 02 ’24.
