Barrington analyst James Goss reiterated a Buy rating on Gray Television (NYSE:GTN) on Wednesday, setting a price target of $25, which is approximately 8.79% above the present share price of $22.98.
Goss expects Gray Television to post earnings per share (EPS) of -$0.32 for the fourth quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Gray Television, with an average price target of $27.5.
The analysts price targets range from a high of $30 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $601 million and a net profit of $118 million. The company's market cap is $2.2 billion.
According to TipRanks.com, Barrington analyst James Goss is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.9% and a 45.45% success rate.
Gray Television, Inc. is a television broadcasting company, which engages in owning and operating television stations and digital assets in markets throughout the United States. It operates through the following segments: Broadcasting, and Production Companies. The Broadcasting segment operates television stations located across local markets in the United States. The Production Companies segment includes the production of television and event content. The company was founded in January 1897 and is headquartered in Atlanta, GA.