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 maximum price target given was 52, which equates to a potential upside of 43.05 percent. The most pessimistic price target was 45, implying potential capital losses of 23.8 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -28.22 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -1.11 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 decreased their estimates.

Analysts estimate earnings of SBGI to grow at a rate of -31.42 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of SBGI is -0.39.

In the trailing 52-weeks, SBGI hit 43.05 at the highest peak, while it's lowest trading point was 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 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 market cap of SBGI is $3.61 billion. SBGI's next earnings release will be on 0000-00-00, which is days away.