Gray Television, Inc. (GTN)
NYSE: GTN · IEX Real-Time Price · USD
5.96
+0.04 (0.59%)
Apr 24, 2024, 3:39 PM EDT - Market open
Gray Television Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Gray Television stock have an average target of 13, with a low estimate of 7.00 and a high estimate of 19. The average target predicts an increase of 118.30% from the current stock price of 5.96.
Analyst Consensus: Buy
* Price targets were last updated on Feb 9, 2024.
Analyst Ratings
The average analyst rating for GTN 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 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 |
|---|---|---|---|---|---|---|---|
| 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 | +17.55% | Feb 9, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $7 → $6 | Sell | Maintains | $7 → $6 | +0.76% | Nov 9, 2023 |
| Barrington Research | Barrington Research | Buy Reiterates $12 | Buy | Reiterates | $12 | +101.51% | Aug 10, 2023 |
| Guggenheim | Guggenheim | Strong Buy Maintains $15 → $14 | Strong Buy | Maintains | $15 → $14 | +135.10% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
3.91B
from 3.28B
Increased by 19.02%
Revenue Next Year
3.38B
from 3.91B
Decreased by -13.37%
EPS This Year
3.61
from -1.39
EPS Next Year
-0.53
from 3.61
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1B | 3.6B | 4.2B | 4.0B |
| Avg | 3.9B | 3.4B | 3.9B | 3.8B |
| Low | 3.7B | 3.2B | 3.7B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 26.4% | -7.5% | 23.6% | 2.8% |
| Avg | 19.0% | -13.4% | 14.2% | -1.1% |
| Low | 13.3% | -18.2% | 8.5% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.71 | -0.22 | 4.19 |
| Avg | 3.61 | -0.53 | 3.03 |
| Low | 2.73 | -1.15 | 1.75 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
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.