According to Zen Score, the 3 best broadcasting stocks to buy right now are:
1. Saga Communications (NASDAQ:SGA)
Saga Communications (NASDAQ:SGA) is the top broadcasting stock with a Zen Score of 42, which is 22 points higher than the broadcasting industry average of 20. It passed 14 out of 38 due diligence checks and has strong fundamentals. Saga Communications has seen its stock lose -1.79% over the past year, overperforming other broadcasting stocks by 23 percentage points.
2. Tegna (NYSE:TGNA)
Tegna (NYSE:TGNA) is the second best broadcasting stock with a Zen Score of 35, which is 15 points higher than the broadcasting industry average of 20. It passed 12 out of 38 due diligence checks and has average fundamentals. Tegna has seen its stock lose -3.54% over the past year, overperforming other broadcasting stocks by 21 percentage points.
Tegna has an average 1 year
price target of $17.00, an upside of 11.48% from Tegna's current stock price of $15.25.
Tegna stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Tegna, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Gray Television (NYSE:GTN)
Gray Television (NYSE:GTN) is the third best broadcasting stock with a Zen Score of 24, which is 4 points higher than the broadcasting industry average of 20. It passed 8 out of 38 due diligence checks and has weak fundamentals. Gray Television has seen its stock return 0.29% over the past year, overperforming other broadcasting stocks by 25 percentage points.
Gray Television has an average 1 year
price target of $9.50, an upside of 38.48% from Gray Television's current stock price of $6.86.
Gray Television stock has a consensus Hold recommendation according to Wall Street analysts. Of the 2 analysts covering Gray Television, 50% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 50% have issued a Strong Sell.