Saga Communications Inc. (NASDAQ: SGA) has reported E.P.S. of $0.20 for its third fiscal quarter (ending September 30) versus $0.45 for the same period a year ago — a decline of -56%. For the latest four quarters through September 30, E.P.S. were $0.75 compared to $1.85 a year ago — a decline of -59%.
Recent Price Action
Saga Communications Inc. (NASDAQ: SGA) stock declined slightly by -0.6% on 11/7/24. The stock closed at $13.90. However, trading volume in this decline was exceptionally low at 44% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, SGA is expected to continue to be Value Creation neutral.
Saga Communications 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. Saga Communications has a good Appreciation Score of 71 but a very low Power Rating of 8, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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