Gray Television, Inc. (GTN.A)
NYSE: GTN.A · IEX Real-Time Price · USD
9.22
+0.03 (0.33%)
Jul 3, 2024, 12:53 PM EDT - Market closed
Gray Television Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Gray Television stock have an average target of 11.25, with a low estimate of 6.00 and a high estimate of 14. The average target predicts an increase of 22.02% from the current stock price of 9.22.
Analyst Consensus: Buy
* Price targets were last updated on May 8, 2024.
Analyst Ratings
The average analyst rating for GTN.A stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $11 → $13 | Strong Buy | Maintains | $11 → $13 | +41.00% | May 8, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $5.5 → $6 | Sell | Maintains | $5.5 → $6 | -34.92% | May 8, 2024 |
| Barrington Research | Barrington Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 27, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $6 → $7 | Sell | Maintains | $6 → $7 | -24.08% | Feb 9, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | -34.92% | Nov 9, 2023 |
Financial Forecast
Revenue This Year
3.90B
from 3.28B
Increased by 18.84%
Revenue Next Year
3.36B
from 3.90B
Decreased by -13.88%
EPS This Year
4.75
from -1.39
EPS Next Year
-0.39
from 4.75
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1B | 3.6B | 4.1B | 3.7B |
| Avg | 3.9B | 3.4B | 3.8B | 3.4B |
| Low | 3.7B | 3.2B | 3.7B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 25.5% | -8.4% | 23.2% | -2.9% |
| Avg | 18.8% | -13.9% | 14.4% | -10.5% |
| Low | 13.8% | -18.1% | 9.3% | -16.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.84 | -0.03 | 4.48 | 0.80 |
| Avg | 4.75 | -0.39 | 3.18 | 0.77 |
| Low | 4.18 | -1.15 | 1.75 | 0.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | - | -74.9% |
| Avg | - | - | - | -75.9% |
| Low | - | - | - | -76.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.