Sinclair Broadcast Group Inc (NASDAQ: SBGI) stock enjoyed a major increase of 12.1% on 5/31/24. The shares closed at $14.20. Moreover, exceptionally high trading volume at 215% of normal accompanied the advance. The stock has risen 5.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, SBGI is expected to continue to be a modest Value Builder.
Sinclair Broadcast Group has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Sinclair Broadcast Group has a neutral Power Rating of 45 but a very low Appreciation Score of 6, producing the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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