Analyst Ratings for Sinclair Broadcast Group Inc. Cl A (SBGI)

Updated: 2017-07-26

An average rating of Buy has been given to Sinclair Broadcast Group Inc. Cl A (NASDAQ:SBGI) by analysts covering the stock. SBGI had previously received a consensus rating of Buy a month ago.

A buy rating was issued by 5 analysts, 1 issued an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for SBGI. The highest price target was 52, which equates to a potential upside of 43.05 percent. The minimum price target given was 45, implying potential capital losses of 23.8 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -28.22 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -1.11 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SBGI's earnings is estimated by analysts to be -31.42 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. SBGI has a PEG ratio of -0.39.

SBGI has a 52-week high of 43.05 and a 52-week low of 24.15. Today's price is 50.52 percent above the 52-week low, and below the high by 15.56 percent. SBGI has a price/earnings ratio of 12.16. Investors typically compare the P/E ratio to a company's peers in the industry. The SBGI value stock report compares SBGI to some of its peers using value stock charts. The market cap of SBGI is $3.61 billion. SBGI will post this quarters earnings in days, on 0000-00-00.