The growth of the EPS is critical in understanding the current valuation of Gray Television. The EPS growth rate, as it is typically called, is usually expressed as a percentage, which is 10.00%. EPS growth is a vital measure of execution of the strategy for Gray Television since it indicates how well the business is allocating resources to benefit shareholders.



Gray Television trades as part of the entertainment industry and is part of the consumer cyclical sector. The company CEO is Hilton H. Howell. Gray Television Inc is a television broadcast company which owns and operates television stations and digital assets in United States.

Previous Intraday Performance:

The GTN.A shares had a previous change of 0.00% which opened at 17.40 and closed at 15.93. It moved to an intraday high of 16.25 and a low of 15.93.

PR Newswire:  Gray Television Releases Findings From First National Political Poll

Historical Performance:

Over the last five trading days, GTN.A shares returned -0.62% and in the past 30 trading days it returned 0.58%. Over three months, it changed 2.12%. In one year it has changed 32.75% and within that year its 52-week high was 18.21 and its 52-week low was 9.50. GTN.A stock is 67.68% above its 52 Week Low.

Our calculations result in a 200 day moving average of 13.39 and a 50 day moving average of 16.04. Right now, GTN.A stock is trading 18.98% above its 200 day moving average.

PR Newswire:  Gray Television Releases Findings From First National Political Poll

Liquidity:

The company has a market cap of $99.5m with 6.2m shares outstanding and a float of 3.9m shares. Trading volume was 40 shares and has experienced an average volume of 507 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Gray Television was 3.54 which ended on 31st of December 2017, which according to the previous close, that is a PE of 4.50.

Below was the last reported quarterly earnings per share:
09-30-2018:  0.70
06-30-2018:  0.46
03-31-2018:  0.22
12-31-2017:  0.40



Base on our calculations, the intrinsic value per share is 18.80, which means it might be undervalued and has a margin of safety of 15.27%

Indicators Also to Watch:

Based on the latest filings, there is 2.60% of insider ownership and 0.50% of institutional ownership. Short-interest was 1,495, which was 0.02% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.46. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 2.29

PR Newswire:  Graphic Packaging Declares Quarterly Dividend

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 34.31%, return on assets is 9.11%, profit margin is 29.12%, price-to-sales is 0.10 and price-to-book is 1.34.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 2  : Financial Safety Result
 5  : Past Performance Result
 3  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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