(GTN) Gray Television - Ratings and Ratios

Gray Television Inc (NYSE:GTN) is a multimedia conglomerate that operates a diverse portfolio of television stations and digital assets across the United States. With a presence in multiple markets, the company leverages its Broadcasting, Production Companies, and Other segments to drive revenue and growth. The companys digital arm, Gray Digital Media, provides strategic digital marketing solutions to clients, while its video production companies and studio production facilities enable the creation of high-quality content. Founded in 1891, Gray Television has a rich history, and its recent rebranding to Gray Media, Inc. in January 2025 signals a significant shift towards a more diversified media company.

From a market perspective, Gray Televisions stock has demonstrated resilience, with a current price of $4.23. Analyzing the , the stocks SMA20 and SMA50 are $3.54 and $3.89, respectively, indicating a positive trend. The SMA200 is $4.27, suggesting that the stock is currently slightly below its long-term average. The ATR of 0.27 represents 6.38% of the current price, indicating moderate volatility. Given the 52W High of $6.63 and 52W Low of $2.91, the stock has shown significant price movement in the past year.

Examining the , Gray Televisions Market Cap stands at $381.31M USD, with a P/E ratio of 0.99 and a Forward P/E of 1.13, suggesting that the stock may be undervalued. The RoE of 14.33% indicates a relatively healthy return on equity. By combining these fundamental metrics with the technical trends, a forecast can be made. Based on the current SMA20 and SMA50 trends, and considering the stocks historical price movements, it is likely that Gray Televisions stock will continue to trend upwards, potentially reaching $5.00 in the near term. However, this forecast is contingent upon the companys ability to maintain its current growth trajectory and navigate the competitive media landscape.

To further support this forecast, a closer examination of the companys financials and industry trends is necessary. With a strong presence in the broadcasting industry and a growing digital arm, Gray Television is well-positioned to capitalize on emerging trends in the media landscape. As the company continues to evolve and expand its offerings, its stock is likely to reflect this growth, making it a potentially attractive opportunity for investors.