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Is this Large Market Cap Stock target price reasonable for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI)?

The company in question is, Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) currently with a stock price of 26.06 (-0.76% today). The market cap for Sinclair Broadcast Group, Inc. is 2483.15, and is in the sector Services, and Broadcasting РTV industry. The target price for Sinclair Broadcast Group, Inc. is 38. Currently Sinclair Broadcast Group, Inc. is trading with a P/E of 14.35, and a forward P/E of 11.55. Average volume for Sinclair Broadcast Group, Inc. is 986.38 and so far today it is 1085008.

Performance in the last year for Sinclair Broadcast Group, Inc. has been -6.27%. For EPS growth, Sinclair Broadcast Group, Inc. has seen a growth of -17.40%, and is looking to grow in the next year to -21.51%. More long term stats show that EPS growth has been 13.50% over the last five years and could be 2.00% for the next five years. Sinclair Broadcast Group, Inc. has seen sales growth quarter over quarter at 20.30%, with EPS growth quarter over quarter at 8.10%. The 20-day simple moving average is -8.24%, with the 200-day simple moving average coming to -12.98%.

Since the IPO date for Sinclair Broadcast Group, Inc. on the 06/07/1995, Sinclair Broadcast Group, Inc. has seen performance year to date to be -17.89%. With Sinclair Broadcast Group, Inc. trading at 26.06, the dividend yield is 2.74%, and the EPS is 1.83.

So could Sinclair Broadcast Group, Inc., be undervalued? Well as said before P/E is 14.35. The PEG is 7.17, P/S is 1.03 and the P/B is at 4.38. The P/cash is 23.95, with P/free cash flow at 17.13.

Sinclair Broadcast Group, Inc. ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 1.3. This is with long term debt/equity at 7.01, and total debt/equity at 7.32.

In terms of margins, Sinclair Broadcast Group, Inc. has a gross margin of 60.80%, an operating margin of 18.30% and a profit margin of 7.30%.Payout ratio for Sinclair Broadcast Group, Inc. is 36.60%. Return on assets come to 3.10% with return on investment coming to 8.10%.

Insider ownership for Sinclair Broadcast Group, Inc., is at 0.30% and institutional ownership comes to 98.90%. Outstanding shares are at 94.56. While shares float is 67.32. The float short is currently 10.84%, and short ratio is 7.4.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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