At the time of writing, Sinclair Inc [SBGI] stock is trading at $14.62, up 2.02%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SBGI shares have gain 5.41% over the last week, with a monthly amount drifted -2.01%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Sinclair Inc [NASDAQ: SBGI] stock has seen the most recent analyst activity on November 07, 2024, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $19 from $13. Previously, JP Morgan downgraded its rating to Underweight on December 08, 2022, and dropped its price target to $16. On November 03, 2022, downgrade downgraded it’s rating to Underweight and revised its price target to $16 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $33 on May 05, 2022. Rosenblatt initiated its recommendation with a Neutral and recommended $21 as its price target on April 19, 2022. In a note dated December 17, 2020, Wells Fargo upgraded an Equal Weight rating on this stock and boosted its target price from $24 to $31.
For the past year, the stock price of Sinclair Inc fluctuated between $11.13 and $18.45. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Sinclair Inc [NASDAQ: SBGI] shares were valued at $14.62 at the most recent close of the market. An investor can expect a potential return of 29.96% based on the average SBGI price forecast.
Analyzing the SBGI fundamentals
According to Sinclair Inc [NASDAQ:SBGI], the company’s sales were 3.55B for trailing twelve months, which represents an 21.55% jump. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 2.42 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.34.
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 14.19 points at the first support level, and at 13.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.86, and for the 2nd resistance point, it is at 15.10.
Ratios To Look Out For
It is important to note that Sinclair Inc [NASDAQ:SBGI] has a current ratio of 2.45. As well, the Quick Ratio is 2.45, while the Cash Ratio is 1.15. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 1.67 and price to earnings (TTM) ratio is 3.15.
Transactions by insiders
Recent insider trading involved SMITH DAVID D, Executive Chairman, that happened on Mar 04 ’25 when 53126.0 shares were purchased. Executive Chairman, SMITH DAVID D completed a deal on Mar 05 ’25 to buy 30296.0 shares. Meanwhile, Executive Chairman SMITH DAVID D bought 38410.0 shares on Mar 03 ’25.
