Gray Media Inc (NYSE: GTN) Recovers 41.24% From 52-Week Low, Is GTN Still A High-Risk, High-Reward Play?

Gray Media Inc (NYSE:GTN) currently has a daily average trading volume of 1.65M but it saw 874255 shares traded in last market. With a market cap of 458.50M USD, the company’s current market price of $4.11 came rising about 0.74 while comparing to the previous closing price of $4.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.61 and as low as $2.91.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which upgraded the stock as “Equal Weight” in its note to investors issued on March 03, 2025, recommending a price target of $4 for it. Wells Fargo issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $25 and $7.

Over the week, GTN’s stock price is moving 1.99% up while it is 19.83% when we observe its performance for the past one month. Year-to-date it is 30.48% up and over the past year, the stock is showing a downside performance of -27.77%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.28 while estimate for next year EPS is -0.71. In next quarter, company is expected to be making quarterly sales of $786.15M as analysts are expecting the sales for current fiscal year at $3.17B and seeing the company making $3.64B in sales next year. Moreover, analysts are in estimates of $765.16M for current-quarter revenue.

Currently, Gray Media Inc’s total number of outstanding shares is 92.29M with 7.31% of that held by the insiders while 75.11% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.64% and return on equity (ROE) at 9.92%. It has a price to earnings ratio (P/E ratio) of 1.78 while having a 1.56 of forward P/E ratio. Stock’s beta reads 1.19. Stock has a price to book (P/B) ratio of 0.19 while price to sale or P/S ratio amounts to 0.13. Its return on asset (ROA) is 2.63% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.