News coverage about Gray Television (NYSE:GTN) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Gray Television earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.0058549847995 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Several equities research analysts recently commented on the company. ValuEngine cut Gray Television from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 30th. Zacks Investment Research raised Gray Television from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Thursday, September 21st. Wells Fargo & Company reissued an “outperform” rating and set a $18.00 target price (up previously from $15.50) on shares of Gray Television in a research note on Thursday, August 10th. Benchmark raised their target price on Gray Television from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $17.00 target price on shares of Gray Television in a research note on Wednesday, September 27th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $18.50.

Shares of Gray Television (GTN) opened at $14.80 on Thursday. Gray Television has a fifty-two week low of $9.95 and a fifty-two week high of $16.70. The company has a debt-to-equity ratio of 3.11, a current ratio of 3.28 and a quick ratio of 3.28. The firm has a market capitalization of $1,078.13, a PE ratio of 13.03, a PEG ratio of 1.42 and a beta of 3.14.

Gray Television (NYSE:GTN) last posted its earnings results on Monday, November 6th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Gray Television had a net margin of 14.91% and a return on equity of 15.53%. The company had revenue of $219.00 million during the quarter, compared to analysts’ expectations of $218.78 million. During the same period in the previous year, the company posted $0.26 EPS. Gray Television’s quarterly revenue was up 7.1% compared to the same quarter last year. analysts anticipate that Gray Television will post 1.61 earnings per share for the current fiscal year.

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Gray Television Company Profile

Gray Television, Inc is a television broadcast company. The Company owns and operates television stations and digital assets in various markets across the United States. As of February 21, 2017, the Company owned and/or operated television stations in 54 television markets broadcasting over 200 separate programming streams, including 37 affiliates of the CBS Network (CBS), 29 affiliates of the NBC Network (NBC), 20 affiliates of the ABC Network (ABC) and 15 affiliates of the FOX Network (FOX).

Insider Buying and Selling by Quarter for Gray Television (NYSE:GTN)

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