Gray Television Statistics
Share Statistics
Gray Television has 90.82M shares outstanding. The number of shares has increased by 4.08% in one year.
| Shares Outstanding | 90.82M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -14.05% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 84.57M |
| Failed to Deliver (FTD) Shares | 27 |
| FTD / Avg. Volume | 0% |
Short Selling Information
The latest short interest is 4.19M, so 4.61% of the outstanding shares have been sold short.
| Short Interest | 4.19M |
| Short % of Shares Out | 4.61% |
| Short % of Float | 4.96% |
| Short Ratio (days to cover) | 5.35 |
Valuation Ratios
The PE ratio is -10.85 and the forward PE ratio is -6.27.
| PE Ratio | -10.85 |
| Forward PE | -6.27 |
| PS Ratio | 0.25 |
| Forward PS | 0.1 |
| PB Ratio | 0.31 |
| P/FCF Ratio | 2.75 |
| PEG Ratio | n/a |
Enterprise Valuation
Gray Television Inc. has an Enterprise Value (EV) of 7.04B.
| EV / Earnings | -92.68 |
| EV / Sales | 2.15 |
| EV / EBITDA | 10.11 |
| EV / EBIT | 18.39 |
| EV / FCF | 23.48 |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 2.35.
| Current Ratio | 1.18 |
| Quick Ratio | 1.18 |
| Debt / Equity | 2.35 |
| Total Debt / Capitalization | 70.19 |
| Cash Flow / Debt | 0.11 |
| Interest Coverage | 0.87 |
Financial Efficiency
Return on equity (ROE) is -0.03% and return on capital (ROIC) is 4.01%.
| Return on Equity (ROE) | -0.03% |
| Return on Assets (ROA) | -0.01% |
| Return on Capital (ROIC) | 4.01% |
| Revenue Per Employee | 350.01K |
| Profits Per Employee | -8.11K |
| Employee Count | 9.37K |
| Asset Turnover | 0.31 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | -6.00M |
| Effective Tax Rate | 0.07 |
Stock Price Statistics
The stock price has increased by -57.65% in the last 52 weeks. The beta is 1.48, so Gray Television 's price volatility has been higher than the market average.
| Beta | 1.48 |
| 52-Week Price Change | -57.65% |
| 50-Day Moving Average | 5 |
| 200-Day Moving Average | 5.41 |
| Relative Strength Index (RSI) | 33.87 |
| Average Volume (20 Days) | 1.21M |
Income Statement
In the last 12 months, Gray Television had revenue of $3.28B and earned -$76.00M in profits. Earnings per share was $-1.39.
| Revenue | 3.28B |
| Gross Profit | 899.00M |
| Operating Income | 383.00M |
| Net Income | -76.00M |
| EBITDA | 697.00M |
| EBIT | 383.00M |
| Earnings Per Share (EPS) | -1.39 |
Balance Sheet
The company has $21.00M in cash and $6.24B in debt, giving a net cash position of -$6.22B.
| Cash & Cash Equivalents | 21.00M |
| Total Debt | 6.24B |
| Net Cash | -6.22B |
| Retained Earnings | 1.08B |
| Total Assets | 10.63B |
| Working Capital | 68.00M |
Cash Flow
In the last 12 months, operating cash flow was $648.00M and capital expenditures -$348.00M, giving a free cash flow of $300.00M.
| Operating Cash Flow | 648.00M |
| Capital Expenditures | -348.00M |
| Free Cash Flow | 300.00M |
| FCF Per Share | 3.26 |
Margins
Gross margin is 27.4%, with operating and profit margins of 11.67% and -2.32%.
| Gross Margin | 27.4% |
| Operating Margin | 11.67% |
| Pretax Margin | -2.5% |
| Profit Margin | -2.32% |
| EBITDA Margin | 21.24% |
| EBIT Margin | 11.67% |
| FCF Margin | 9.14% |
Dividends & Yields
GTN pays an annual dividend of $0.32, which amounts to a dividend yield of 8.21%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 8.21% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 21.33% |
| Earnings Yield | -37.47% |
| FCF Yield | 88.91% |
Analyst Forecast
The average price target for GTN is $8, which is 115.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $8 |
| Price Target Difference | 115.6% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Oct 1, 1998. It was a forward split with a ratio of 3:2.
| Last Split Date | Oct 1, 1998 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 0.76 |
| Piotroski F-Score | 7 |