SLIDESHOW: Top 10 Cheap Stocks To Buy Now Under $20
By Dividend Channel Staff, updated Tue, May 7, 6:34 AM
This Slide: #1 of 10 |
#10. Sinclair Broadcast Group
Trading Symbol
SBGI
Recent Price
13.54
TTM Earnings
4.89
PE Ratio (TTM)
2.8
Avg Past PE (TTM)
13.3
Market Cap
571.8M
#10. Sinclair Broadcast Group
Trading Symbol
SBGI
Recent Price
13.54
TTM Earnings
4.89
PE Ratio (TTM)
2.8
Avg Past PE (TTM)
13.3
Market Cap
571.8M
Sinclair is a media company. The content, distributed through Co.'s broadcast platform and third-party platforms, consists of programming provided by third-party networks and syndicators, local news, college and sports, and other original programming produced by Co. Additionally, Co. owns digital media products that are complementary to its portfolio of television station and regional sports network related digital properties. Outside of its media related businesses, Co. operates technical services companies focused on supply and maintenance of broadcast transmission systems as well as research and development for the improvement of broadcast technology. More details about Sinclair Broadcast Group at: http://www.sbgi.net.
ETFs holding SBGI »
Should Sinclair Broadcast Group shares be counted among the Top 10 Cheap Stocks To Buy Now Under $20? To start, we see that the recent trading price for SBGI stock is $13.54 (as of 5/6/2024). The most recent quarter's (MRQ) earnings result, annualized, was $3.24/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Sinclair Broadcast Group produced $4.89/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $4.96/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 2.7 for the TTM Median method, 4.2 for price to earnings using MRQ annualized, and 2.8 for current price/TTM earnings. Based on SBGI's history, that recent TTM PE is low relative to the historical average, with the recent PE 78.9% lower than the average (TTM method) of 13.3.
Should Sinclair Broadcast Group shares be counted among the Top 10 Cheap Stocks To Buy Now Under $20? To start, we see that the recent trading price for SBGI stock is $13.54 (as of 5/6/2024). The most recent quarter's (MRQ) earnings result, annualized, was $3.24/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, Sinclair Broadcast Group produced $4.89/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $4.96/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 2.7 for the TTM Median method, 4.2 for price to earnings using MRQ annualized, and 2.8 for current price/TTM earnings. Based on SBGI's history, that recent TTM PE is low relative to the historical average, with the recent PE 78.9% lower than the average (TTM method) of 13.3.
SBGI Next Dividend Date » (Projection based upon history) SBGI Dividend Growth Rate » Quotes delayed 20 minutes |
Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: SBGI Forecast Based on data provided by Zacks Investment Research via Quandl.com |
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