GTN vs. NFLX: Which Stock Is the Better Value Option?
Investors interested in Broadcast Radio and Television stocks are likely familiar with Gray Television (GTN) and Netflix (NFLX). But which of these two stocks offers value investors a better bang for their buck right now?
Investors Heavily Search Gray Television, Inc. (GTN): Here is What You Need to Know
Gray Television (GTN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
4 Low Price-to-Cash Flow Stocks to Pick for Optimum Returns
Value investing is essentially about selecting stocks that are usually cheap but fundamentally sound. GTN, ODP, PSFE & QFIN boast a low P/CF ratio.
Should You Invest in Gray Television (GTN) Based on Bullish Wall Street Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Natixis Advisors L.P. Sells 251,924 Shares of Gray Television, Inc. (NYSE:GTN)
Natixis Advisors L.P. lessened its holdings in shares of Gray Television, Inc. (NYSE:GTN – Free Report) by 90.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,430 shares of the company’s stock after selling 251,924 shares during the quarter. Natixis Advisors L.P.’s holdings in Gray Television were worth $236,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently added to or reduced their stakes in GTN. Charles Schwab Investment Management Inc. increased its stake in Gray Television by 23.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,060,987 shares of the company’s stock worth $14,262,000 after acquiring an additional 386,907 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in Gray Television in the 4th quarter worth approximately $964,000. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Gray Television in the 3rd quarter worth approximately $1,693,000. Russell Investments Group Ltd. increased its stake in Gray Television by 123.9% in the 4th quarter. Russell Investments Group Ltd. now owns 206,285 shares of the company’s stock worth $1,848,000 after acquiring an additional 114,163 shares during the last quarter. Finally, Darsana Capital Partners LP increased its stake in Gray Television by 336.8% in the 3rd quarter. Darsana Capital Partners LP now owns 4,000,441 shares of the company’s stock worth $27,683,000 after acquiring an additional 3,084,578 shares during the last quarter. Institutional investors own 78.64% of the company’s stock. Wall Street Analysts Forecast Growth A number of analysts have issued reports on the company. Barrington Research reaffirmed a “market perform” rating on shares of Gray Television in a research note on Tuesday, February 27th. Benchmark lifted their target price on Gray Television from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. Wells Fargo & Company lifted their target price on Gray Television from $5.50 to $6.00 and gave the stock an “underweight” rating in a report on Wednesday, May 8th. Finally, Loop Capital upgraded Gray Television to a “strong-buy” rating in a report on Wednesday, May 8th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Gray Television has an average rating of “Hold” and an average target price of $11.40. View Our Latest Stock Report on Gray Television Insider Buying and Selling In other Gray Television news, CEO Hilton H. Howell, Jr. purchased 10,000 shares of the firm’s stock in a transaction on Thursday, March 28th. The stock was bought at an average cost of $8.09 per share, for a total transaction of $80,900.00. Following the completion of the purchase, the chief executive officer now owns 2,982,386 shares in the company, valued at approximately $24,127,502.74. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.80% of the stock is owned by company insiders. Gray Television Price Performance GTN opened at $6.56 on Monday. The firm has a market capitalization of $650.35 million, a PE ratio of -54.67, a price-to-earnings-growth ratio of 0.13 and a beta of 1.55. The company has a debt-to-equity ratio of 2.99, a current ratio of 1.42 and a quick ratio of 1.42. The business’s 50-day moving average is $6.09 and its two-hundred day moving average is $7.42. Gray Television, Inc. has a 1 year low of $5.44 and a 1 year high of $10.69. Gray Television (NYSE:GTN – Get Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.54 by $0.25. Gray Television had a net margin of 1.30% and a return on equity of 2.13%. The firm had revenue of $823.00 million during the quarter, compared to analyst estimates of $824.98 million. During the same quarter in the previous year, the business posted ($0.48) EPS. Gray Television’s revenue was up 2.7% on a year-over-year basis. Research analysts anticipate that Gray Television, Inc. will post 5.24 earnings per share for the current fiscal year. Gray Television Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.88%. Gray Television’s payout ratio is -266.67%. Gray Television Company Profile (Free Report) Gray Television, Inc, a television broadcasting company, owns and/or operates television stations and digital assets in the United States. It also broadcasts secondary digital channels affiliated to ABC, CBS, NBC, and FOX, as well as various other networks and program services, including CW Plus Network, MY Network, the MeTV Network, Circle, Telemundo, THE365, and Outlaw; and local news/weather channels in various markets.
GTN vs. NFLX: Which Stock Should Value Investors Buy Now?
Investors interested in Broadcast Radio and Television stocks are likely familiar with Gray Television (GTN) and Netflix (NFLX). But which of these two stocks presents investors with the better value opportunity right now?
