With 1.28 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.35 million shares. The 52-week range on GTN shows that it touched its highest point at $7.41 and its lowest point at $2.91 during that stretch. It currently has a 1-year price target of $5.80. With its current market cap of 424.77 million, GTN has annualized dividend of $0.32 while the current yield stands at 7.94%. Beta for the stock currently stands at 1.45.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GTN was up-trending over the past week, with a rise of 2.28%, but this was up by 8.04% over a month. Three-month performance dropped to -4.28% while six-month performance fell -17.25%. The stock lost -49.31% in the past year, while it has gained 27.94% so far this year. A look at the trailing 12-month EPS for GTN yields 1.50 with Next year EPS estimates of -0.57. For the next quarter, that number is 1.26. This implies an EPS growth rate of 313.24% for this year and -119.16% for next year.
Float and Shares Shorts:
At present, 90.82 million GTN shares are outstanding with a float of 84.62 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GTN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.99232 being high and $2.9494 being low. For GTN, this leads to a yearly average estimate of $2.96408. Based on analyst estimates, the high estimate for the next quarter is -$0.19 and the low estimate is -$0.34. The average estimate for the next quarter is thus -$0.26.
