Extremely important negative changes in investment behavior have recently occurred for Sinclair Broadcast Group Inc (NASDAQ: SBGI): its longer term price trend turned down, and negative upside/downside volume developed.
Sinclair Broadcast Group Inc (NASDAQ: SBGI). Notable negative changes in fundamentals have recently occurred. Negative developments: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly. Positive development: the stock’s power rating rose above 70.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Sinclair Broadcast Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Sinclair Broadcast Group has a very low Appreciation Score of 10 but a good Power Rating of 76, leading to the Negative Value Trend Rating.
Recent Price Action
Sinclair Broadcast Group Inc (NASDAQ: SBGI) stock declined slightly by -0.7% on 2/18/25. The stock closed at $14.91. However, this decline was accompanied by below average trading volume at 73% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.8% during the last week.
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