(GTN) Gray Television - Ratings and Ratios

Gray Media, Inc., a leading multimedia enterprise, owns and operates a substantial portfolio of television stations and digital properties across the United States. The company, rebranded from Gray Television, Inc. in January 2025, has expanded its offerings to include Gray Digital Media, a full-service digital agency specializing in tailored marketing solutions for businesses. Additionally, Gray Media operates video production companies and maintains state-of-the-art studio production facilities, enhancing its capabilities in content creation and distribution. Founded in 1891 and headquartered in Atlanta, Georgia, Gray Media has established itself as a key player in the broadcasting industry, focusing on local news, community engagement, and innovative media solutions.

As a major broadcaster, Gray Media operates over 150 television stations across more than 90 markets, reaching approximately 25% of U.S. households. Its digital arm provides services such as social media management, SEO optimization, and programmatic advertising, catering to a diverse range of clients. The companys production studios are equipped with advanced technology, enabling high-quality content production for both internal and external clients. Gray Medias strategic focus on local content and digital transformation positions it to adapt to evolving media consumption trends.

Based on the provided data, Gray Media, Inc. (NYSE:GTN) is currently trading at $3.89 with a market capitalization of $420.50M. The stock has shown a decline in its SMA 20 and SMA 50, which are currently at $3.96 and $3.59, respectively, while the SMA 200 stands at $4.69. The average true range (ATR) of 0.23 indicates moderate volatility. The forward P/E of 1.13 suggests investor expectations of future earnings growth, while the current P/E of 2.67 reflects its undervalued status relative to earnings. The price-to-book ratio of 0.19 and price-to-sales ratio of 0.12 further highlight its attractive valuation metrics. The return on equity (RoE) of 9.25% demonstrates reasonable profitability.

Over the next three months, technical indicators suggest a potential downtrend, as the SMA 20 has fallen below the SMA 50, indicating bearish momentum. However, the low ATR of 0.23 may limit significant price swings. Fundamental analysis supports a bullish case due to the companys strong market position, low valuation multiples, and stable cash flow from its broadcasting operations. The forward P/E of 1.13 signals expectations of improved earnings, potentially driven by cost optimization and digital growth initiatives. Overall, the stock is likely to experience sideways movement with a slight upward bias, supported by its fundamental strength and attractive valuations.