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.

Investment analysts gave a few price targets for SBGI. The highest price target was 52, implying a possible profit of 43.05 percent. The lowest price target was 45, which equates to a potential downside of 23.8 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -28.22 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.11 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. SBGI has a PEG ratio of -0.39.

SBGI has traded between a high of 43.05 and a low of 24.15 over the past year. Currently the stock is 50.52 percent higher than its low, and 15.56 percent below the high. SBGI has a P/E 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 stock has a market capitalization of $3.61 billion. SBGI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.