With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. The 52-week range on SBGI shows that it touched its highest point at $18.45 and its lowest point at $11.13 during that stretch. It currently has a 1-year price target of $17.33. With its current market cap of 1.09 billion, SBGI has annualized dividend of $1.00 while the current yield stands at 6.37%. Beta for the stock currently stands at 1.33.
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 SBGI was up-trending over the past week, with a rise of 8.96%, but this was up by 18.06% over a month. Three-month performance surged to 8.88% while six-month performance fell -9.25%. The stock gained 18.77% in the past year, while it has lost -2.79% so far this year. A look at the trailing 12-month EPS for SBGI yields 4.64 with Next year EPS estimates of 1.92. For the next quarter, that number is -0.35. This implies an EPS growth rate of -137.62% for this year and 209.04% for next year.
Float and Shares Shorts:
At present, 42.64 million SBGI shares are outstanding with a float of 40.00 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 SBGI since 6 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 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 $4.18103 being high and $3.35441 being low. For SBGI, this leads to a yearly average estimate of $3.99616.
