With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.71 million shares. The 52-week range on GTN shows that it touched its highest point at $6.67 and its lowest point at $2.91 during that stretch. It currently has a 1-year price target of $5.10. With its current market cap of 445.18 million, GTN has annualized dividend of $0.32 while the current yield stands at 7.92%. Beta for the stock currently stands at 1.19.
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 down-trending over the past week, with a drop of -4.49%, but this was up by 20.96% over a month. Three-month performance surged to 2.54% while six-month performance fell -7.97%. The stock lost -42.29% in the past year, while it has gained 28.25% so far this year. A look at the trailing 12-month EPS for GTN yields 2.31 with Next year EPS estimates of 2.64. For the next quarter, that number is -0.30. This implies an EPS growth rate of -123.97% for this year and 428.04% for next year.
Float and Shares Shorts:
At present, 92.29 million GTN shares are outstanding with a float of 84.92 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 $2.99964 being high and $2.91674 being low. For GTN, this leads to a yearly average estimate of $2.96408.
