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Is There Now An Opportunity In Gray Television, Inc. (NYSE:GTN)?

Is There Now An Opportunity In Gray Television, Inc. (NYSE:GTN)?

格雷电视公司(纽约证券交易所代码:GTN)现在有机会吗?
Simply Wall St ·  01/24 07:32

Gray Television, Inc. (NYSE:GTN), is not the largest company out there, but it received a lot of attention from a substantial price increase on the NYSE over the last few months. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. But what if there is still an opportunity to buy? Today we will analyse the most recent data on Gray Television's outlook and valuation to see if the opportunity still exists.

格雷电视公司(纽约证券交易所代码:GTN)并不是目前最大的公司,但由于纽约证券交易所在过去几个月中大幅上涨,它受到了广泛关注。尽管仍未达到年度峰值,但最近股价的上涨推动该公司朝着正确的方向前进。由于许多分析师都在报道该股,我们可能预计,任何对价格敏感的公告都已计入该股的股价。但是,如果还有机会买入呢?今天,我们将分析有关格雷电视前景和估值的最新数据,看看机会是否仍然存在。

Check out our latest analysis for Gray Television

查看我们对 Gray Television 的最新分析

Is Gray Television Still Cheap?

灰色电视还便宜吗?

According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that Gray Television's ratio of 13.09x is trading slightly below its industry peers' ratio of 13.4x, which means if you buy Gray Television today, you'd be paying a decent price for it. And if you believe Gray Television should be trading in this range, then there isn't much room for the share price to grow beyond the levels of other industry peers over the long-term. Is there another opportunity to buy low in the future? Since Gray Television's share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

根据我们的价格倍数模型,该模型将公司的市盈率与行业平均水平进行了比较,股价似乎是合理的。在这种情况下,鉴于没有足够的信息来可靠地预测股票的现金流,我们使用了市盈率(PE)。我们发现,格雷电视13.09倍的比率略低于其行业同行的13.4倍,这意味着如果你今天收购格雷电视台,你将为此付出可观的代价。而且,如果你认为Gray Television应该在这个区间内交易,那么从长远来看,股价的增长空间不大超过其他行业同行的水平。未来还有其他低价买入的机会吗?由于Gray Television的股价波动很大,我们可能会看到它在未来下跌(或上涨),这给了我们另一个买入的机会。这是基于其较高的贝塔值,这是一个很好的指标,可以很好地衡量股票相对于其他市场的波动幅度。

Can we expect growth from Gray Television?

我们能指望格雷电视的增长吗?

earnings-and-revenue-growth
NYSE:GTN Earnings and Revenue Growth January 24th 2024
纽约证券交易所:GTN收益和收入增长 2024年1月24日

Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. With profit expected to more than double over the next couple of years, the future seems bright for Gray Television. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

当你考虑买入股票时,未来前景是一个重要的方面,特别是如果你是寻求投资组合增长的投资者。以低廉的价格收购一家前景看好的优秀公司永远是一项不错的投资,因此,让我们也来看看公司的未来预期。预计未来几年利润将增加一倍以上,格雷电视的前景似乎一片光明。看来该股的现金流即将增加,这应该会促进更高的股票估值。

What This Means For You

这对你意味着什么

Are you a shareholder? It seems like the market has already priced in GTN's positive outlook, with shares trading around industry price multiples. However, there are also other important factors which we haven't considered today, such as the financial strength of the company. Have these factors changed since the last time you looked at GTN? Will you have enough confidence to invest in the company should the price drop below the industry PE ratio?

你是股东吗?看来市场已经对GTN的乐观前景进行了定价,股票的交易价格约为行业价格倍数。但是,我们今天还没有考虑其他重要因素,例如公司的财务实力。自从你上次看GTN以来,这些因素发生了变化吗?如果价格跌至行业市盈率以下,您是否有足够的信心投资该公司?

Are you a potential investor? If you've been keeping an eye on GTN, now may not be the most optimal time to buy, given it is trading around industry price multiples. However, the positive outlook is encouraging for GTN, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop.

你是潜在的投资者吗?如果你一直在关注GTN,那么鉴于GTN的交易价格约为行业倍数,现在可能不是最佳的购买时机。但是,GTN的乐观前景令人鼓舞,这意味着值得深入研究其他因素,例如资产负债表的强度,以便利用下一次价格下跌的机会。

Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. To help with this, we've discovered 4 warning signs (1 can't be ignored!) that you ought to be aware of before buying any shares in Gray Television.

请记住,在分析股票时,值得注意所涉及的风险。为了帮助解决这个问题,我们发现了 4 个警告信号(1 个不容忽视!)在购买格雷电视台的任何股票之前,你应该注意这一点。

If you are no longer interested in Gray Television, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

如果您不再对Gray Television感兴趣,可以使用我们的免费平台查看我们列出的其他50多只具有高增长潜力的股票清单。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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