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.

Several price targets were given for SBGI by the analysts covering the stock. The highest price target was 52, implying a possible profit of 43.05 percent. The minimum price target given was 45, implying a possible loss of 23.8 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -28.22 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.11 percent.

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, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of SBGI to grow at a rate of -31.42 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Today's price is 50.52 percent above the 52-week low, and below the high by 15.56 percent. 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's next earnings release will be on 0000-00-00, which is days away.