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Sinclair Broadcast Group, Inc is currently in a long term downtrend where the price is trading 0.3% below 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.
Sinclair Broadcast Group, Inc's total revenue sank by 6.8% to $2B since the same quarter in the previous year.
Its net income has increased by 986.0% to $467M since the same quarter in the previous year.
Finally, its free cash flow grew by 88.4% to $682M since the same quarter in the previous year.
Based on the above factors, Sinclair Broadcast Group, Inc gets an overall score of 3/5.
Exchange | NASDAQ |
---|---|
CurrencyCode | USD |
Industry | Broadcasting |
Sector | Communication Services |
ISIN | US8292261091 |
Market Cap | 1B |
---|---|
PE Ratio | 3.27 |
Target Price | 17 |
Dividend Yield | 6.5% |
Beta | 1.28 |
Sinclair, Inc., a media company, provides content on local television stations and digital platforms in the United States. It operates through two segments, Local Media and Tennis. The Local Media segment operates broadcast television stations, original networks, and content; provides free over-the-air programming and live local sporting events on its stations; distributes its content to multi-channel video programming distributors in exchange for contractual fees; and produces local and original news programs. This segment operates The Nest, a free over-the-air national broadcast TV network; Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; The National News Desk, a news program; and Full Measure with Sharyl Attkisson, an investigative and political analysis program, as well as podcasts related to soccer and sports programming. Its Tennis segment offers Tennis Channel, a cable network that includes coverage of tennis' top tournaments and original professional sports, and tennis lifestyle shows; Tennis Channel International and Tennis Channel streaming services; T2 FAST, a 24-hours a day free ad-supported streaming television channel; Tennis.com; and FAST Channel Pickleballtv. The company also provides non-broadcast digital and internet solutions; and technical sales and services, including the design and manufacture of broadcast systems. In addition, it owns various investments in non-media related companies. The company distributes its content through its broadcast platform and third-party platforms that consist of programming provided by third-party networks and syndicators, local news, sports, and other original programming. Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland.
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