With 1.96 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.43 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 $5.00. With its current market cap of 391.98 million, GTN has annualized dividend of $0.32 while the current yield stands at 8.67%. Beta for the stock currently stands at 1.46.
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 -9.34%, but this was down by -0.27% over a month. Three-month performance dropped to -13.38% while six-month performance fell -28.21%. The stock lost -34.81% in the past year, while it has gained 17.14% so far this year. A look at the trailing 12-month EPS for GTN yields 3.33 with Next year EPS estimates of 2.92. For the next quarter, that number is -0.41. This implies an EPS growth rate of -117.80% for this year and 587.96% for next year.
Float and Shares Shorts:
At present, 90.77 million GTN shares are outstanding with a float of 83.53 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 $3.01033 being high and $2.93517 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 -$0.05 and the low estimate is -$0.06. The average estimate for the next quarter is thus -$0.05.
Summary of Insider Activity:
Insiders traded GTN stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
