Research Reports Initiation on Broadcasting - TV Stocks -- Tribune Media, Scripps Networks Interactive, Gray Television, and Nexstar Media
NEW YORK, May 1, 2017 /PRNewswire/ --
TV Broadcasting firms operate studios and facilities that program and deliver audiovisual content to the public via over-the-air transmission. The types of programming offered by these companies can be made by broadcasters or by affiliates that exist outside the industry. Pre-market, Stock-Callers.com has lined up for scanning the following four stocks: Tribune Media Co. (NYSE: TRCO), Scripps Networks Interactive Inc. (NASDAQ: SNI), Gray Television Inc. (NYSE: GTN), and Nexstar Media Group Inc. (NASDAQ: NXST). Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
Tribune Media
Last Friday, Chicago, Illinois-based Tribune Media Co.'s stock declined 0.76%, to close the day at $36.56. A total volume of 443,689 shares was traded. The Company's shares have advanced 29.46% in the previous three months and 25.29% on an YTD basis. The stock is trading 16.06% above its 200-day moving average. Additionally, shares of Tribune Media, which through its subsidiaries, operates as a media and entertainment company in the US, have a Relative Strength Index (RSI) of 41.61.
On April 20th, 2017, research firm Wells Fargo downgraded the Company's stock rating from 'Outperform' to 'Market Perform'.
On April 27th, 2017, CareerBuilder, a global, end-to-end human capital solutions company owned by Tribune Media, TEGNA Inc., and McClatchy, announced that in its new survey, 74% of employers said that they plan to hire recent college graduates this year, up from 67% last year, and the highest outlook since 2007. 50% of employers plan to offer recent college graduates higher pay this year than in 2016, and 39% will pay a starting salary of $50,000 or more. The free research report on TRCO is available at:
http://stock-callers.com/registration/?symbol=TRCO
Scripps Networks Interactive
Shares in Knoxville, Tennessee headquartered Scripps Networks Interactive Inc. saw a decline of 1.22%, finishing Friday's session at $74.72. The stock recorded a trading volume of 983,272 shares. The Company's shares have gained 4.69% since the start of this year. The stock is trading above its 200-day moving average by 6.20%. Furthermore, shares of Scripps Networks Interactive, which develops lifestyle-oriented content in the US, the UK and other European markets, Middle East and Africa, Asia-Pacific, and Latin America, have an RSI of 36.29.
On April 12th, 2017, Food Network, general partner of and managed by Scripps Networks Interactive, announced that culinary icons Bobby Flay and Giada De Laurentiis return as mentors and judges on its competition series Food Network Star, premiering Sunday, June 04th, 2017, at 9:00 p.m. ET. Thirteen fresh competitors enter the kitchen to showcase their cooking and on-camera skills over 11 episodes to prove that they have what it takes to join the Food Network family. The complimentary report on SNI can be downloaded at:
http://stock-callers.com/registration/?symbol=SNI
Gray Television
Atlanta, Georgia headquartered Gray Television Inc.'s stock finished 4.25% lower at $14.65 last Friday at the close. A total volume of 1.00 million shares was traded, higher than their three months average volume of 938,260 shares. The Company's shares have advanced 6.16% in the past month, 27.39% in the previous three months, and 35.02% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.78% and 28.14%, respectively. Additionally, shares of Gray Television, which owns and operates television stations and digital assets in the US, have an RSI of 51.04.
On April 13th, 2017, Gray Television announced that it will release its earnings results for the quarter ending March 31st, 2017 on Thursday, May 04th, 2017. The Company will host a conference call to discuss its operating results beginning 11:00 a.m. ET on the same day. The call will be webcast live and available for replay. Visit us today and download our complete research report on GTN for free at:
http://stock-callers.com/registration/?symbol=GTN
Nexstar Media Group
Irving, Texas headquartered Nexstar Media Group Inc.'s shares ended the session 1.43% lower at $69.00. The stock recorded a trading volume of 755,867 shares, which was above its three months average volume of 509,490 shares. Shares of the Company have advanced 0.73% in the last month, 8.91% over the previous three months, and 9.51% on an YTD basis. The stock is trading 15.42% above its 200-day moving average. Moreover, shares of Nexstar Media, which operates as a television broadcasting and digital media company in the US, have an RSI of 48.68.
On April 21st, 2017, Nexstar Media announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share of its Class A common stock. The dividend is payable on Friday, May 26th, 2017, to shareholders of record on Friday, May 12th, 2017. Get free access to your technical report on NXST at:
http://stock-callers.com/registration/?symbol=NXST
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