Gray Television, Inc. (GTN)

NYSE: GTN · IEX Real-Time Price · USD
6.32
+0.10 (1.61%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

GTN has a market cap or net worth of $634.76 million. The enterprise value is $6.85 billion.

Market Cap 634.76M
Enterprise Value 6.85B

Important Dates

The next estimated earnings date is Friday, May 3, 2024, before market open.

Earnings Date May 3, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

GTN has 99.54 million shares outstanding. The number of shares has decreased by -1.08% in one year.

Shares Outstanding 99.54M
Shares Change (YoY) -1.08%
Shares Change (QoQ) -1.08%
Owned by Insiders (%) 6.15%
Owned by Institutions (%) 87.73%
Float 76.25M

Valuation Ratios

PE Ratio n/a
Forward PE 1.80
PS Ratio 0.19
Forward PS 0.16
PB Ratio 0.32
P/FCF Ratio 2.12
PEG Ratio 0.23
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.83, with an EV/FCF ratio of 22.85.

EV / Earnings n/a
EV / Sales 2.09
EV / EBITDA 9.83
EV / EBIT 19.14
EV / FCF 22.85

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 3.17.

Current Ratio 1.19
Quick Ratio 0.92
Debt / Equity 3.17
Debt / EBITDA 8.95
Debt / FCF 20.80
Interest Coverage 0.81

Financial Efficiency

Return on equity (ROE) is -6.30%.

Return on Equity (ROE) -6.30%
Return on Assets (ROA) -1.20%
Return on Capital (ROIC) n/a
Revenue Per Employee $350,011
Profits Per Employee -$13,655
Employee Count 9,374
Asset Turnover 0.31
Inventory Turnover n/a

Taxes

Income Tax -6.00M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -25.38% in the last 52 weeks. The beta is 1.56, so GTN's price volatility has been higher than the market average.

Beta (1Y) 1.56
52-Week Price Change -25.38%
50-Day Moving Average 7.33
200-Day Moving Average 7.76
Relative Strength Index (RSI) 49.83
Average Volume (30 Days) 1,192,193

Short Selling Information

The latest short interest is 5.30 million, so 5.32% of the outstanding shares have been sold short.

Short Interest 5.30M
Short Previous Month 5.76M
Short % of Shares Out 5.32%
Short % of Float 6.95%
Short Ratio (days to cover) 3.17

Income Statement

In the last 12 months, GTN had revenue of $3.28 billion and -$128.00 million in losses. Loss per share was -$1.39.

Revenue 3.28B
Gross Profit 898.00M
Operating Income 383.00M
Pretax Income -82.00M
Net Income -128.00M
EBITDA 697.00M
EBIT 358.00M
Loss Per Share -$1.39
Full Income Statement

Balance Sheet

The company has $21.00 million in cash and $6.24 billion in debt, giving a net cash position of -$6.22 billion or -$62.48 per share.

Cash & Cash Equivalents 21.00M
Total Debt 6.24B
Net Cash -6.22B
Net Cash Per Share -$62.48
Equity / Book Value 1.97B
Book Value Per Share 19.80
Working Capital 73.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $648.00 million and capital expenditures -$348.00 million, giving a free cash flow of $300.00 million.

Operating Cash Flow 648.00M
Capital Expenditures -348.00M
Free Cash Flow 300.00M
FCF Per Share $3.26
Full Cash Flow Statement

Margins

Gross margin is 27.37%, with operating and profit margins of 11.67% and -3.90%.

Gross Margin 27.37%
Operating Margin 11.67%
Pretax Margin -2.50%
Profit Margin -3.90%
EBITDA Margin 21.24%
EBIT Margin 10.91%
FCF Margin 9.14%

Dividends & Yields

This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 5.06%.

Dividend Per Share $0.32
Dividend Yield 5.06%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 1.08%
Shareholder Yield 6.14%
Earnings Yield -20.17%
FCF Yield 47.26%
Dividend Details

Analyst Forecast

The average price target for GTN is $13.00, which is 105.70% higher than the current price. The consensus rating is "Buy".

Price Target $13.00
Price Target Difference 105.70%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 3.90%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on October 1, 1998. It was a forward split with a ratio of 3:2.

Last Split Date Oct 1, 1998
Split Type Forward
Split Ratio 3:2

Scores

GTN has an Altman Z-Score of 0.62 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.62
Piotroski F-Score 3