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Salem Media Group, Inc is currently in a long term uptrend where the price is trading 29.9% above its 200 day moving average.
From a valuation standpoint, the stock is 97.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 0.4.
Salem Media Group, Inc's total revenue sank by 0.2% to $64M since the same quarter in the previous year.
Its net income has increased by 173.8% to $3M since the same quarter in the previous year.
Finally, its free cash flow fell by 265.2% to $-1M since the same quarter in the previous year.
Based on the above factors, Salem Media Group, Inc gets an overall score of 3/5.
ISIN | US7940931048 |
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Industry | Broadcasting |
Sector | Communication Services |
Exchange | OTCQX |
CurrencyCode | USD |
PE Ratio | None |
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Beta | 0.1 |
Target Price | 4.25 |
Market Cap | 38M |
Dividend Yield | None |
Salem Media Group, Inc. operates as a multimedia company in the United States. It operates in three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio stations; offers programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk-formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, audio and video streaming, and other resources digitally through BibleStudyTools.com, Crosswalk.com, Christianity.com, iBelieve.com, GodTube.com, OnePlace.com, GodUpdates.com, CrossCards.com, LightSource.com, Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as through mobile applications. In addition, the company publishes digital newsletters consisting of market analysis and non-individualized investment strategies; and operates SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, ShiftWorship.com, JourneyBoxMedia.com, and Playblackmedia.com. Further, it offers publishing services for books written by conservative and Christian authors; and a self-publishing service through Xulon Press and Mill City Press. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. Salem Media Group, Inc. was founded in 1974 and is headquartered in Camarillo, California.
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