Sinclair Inc [SBGI] stock is trading at $14.32, down -0.07%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SBGI shares have lost -0.07% over the last week, with a monthly amount drifted -2.65%, 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.
Sinclair Inc [SBGI] stock has fluctuated between $11.13 and $18.45 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Sinclair Inc [NASDAQ: SBGI] shares were valued at $14.32 at the most recent close of the market. An investor can expect a potential return of 32.68% based on the average SBGI price forecast.
Analyzing the SBGI fundamentals
Sinclair Inc [NASDAQ:SBGI] reported sales of 3.55B for the trailing twelve months, which represents a growth of 21.55%. 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 13.97 points at the first support level, and at 13.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.64, and for the 2nd resistance point, it is at 14.96.
Ratios To Look Out For
For context, Sinclair Inc’s Current Ratio is 2.45. Also, the Quick Ratio is 2.45, while the Cash Ratio stands at 1.15. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 3.08.
Transactions by insiders
Recent insider trading involved SMITH DAVID D, Executive Chairman, that happened on Mar 10 ’25 when 67131.0 shares were purchased. Executive Chairman, SMITH DAVID D completed a deal on Mar 11 ’25 to buy 39896.0 shares. Meanwhile, Executive Chairman SMITH DAVID D bought 22752.0 shares on Mar 06 ’25.
