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U.S. Broadcasting Industry Analysis

UpdatedMay 29, 2022
DataAggregated Company Financials
Companies28
  • 7D3.0%
  • 3M-5.1%
  • 1Y-14.2%
  • YTD-1.6%

The Broadcasting industry is up 3.0% in the last week, with Fox up 6.0%. Meanwhile, iHeartMedia actually underperformed within the industry, shrinking 5.4% in the last week. In contrast, the industry has lost 14% in the last 12 months. Looking forward, earnings are forecast to grow by 2.2% annually.

Industry Valuation and Performance

Has the U.S. Broadcasting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sun, 29 May 2022US$63.8bUS$72.6bUS$9.2b8.1x
Tue, 26 Apr 2022US$78.7bUS$77.5bUS$8.3b13.8x
Thu, 24 Mar 2022US$87.4bUS$77.5bUS$8.3b11.9x
Sat, 19 Feb 2022US$83.3bUS$77.3bUS$8.7b8.6x
Mon, 17 Jan 2022US$89.0bUS$75.8bUS$7.9b9.3x
Wed, 15 Dec 2021US$74.5bUS$75.8bUS$7.9b8.1x
Fri, 12 Nov 2021US$87.9bUS$75.8bUS$7.9b9.5x
Sun, 10 Oct 2021US$88.7bUS$73.4bUS$8.6b11.3x
Tue, 07 Sep 2021US$87.1bUS$73.4bUS$8.5b9.5x
Thu, 05 Aug 2021US$89.0bUS$73.4bUS$8.5b9.7x
Sun, 09 May 2021US$93.1bUS$70.3bUS$7.0b8.8x
Wed, 10 Feb 2021US$91.8bUS$69.8bUS$4.5b8.1x
Tue, 03 Nov 2020US$57.9bUS$68.2bUS$2.5b8.2x
Fri, 07 Aug 2020US$59.4bUS$74.1bUS$2.0b10.8x
Thu, 30 Apr 2020US$53.3bUS$75.9bUS$13.4b7.8x
Sun, 02 Feb 2020US$85.6bUS$74.3bUS$17.0b12.8x
Wed, 06 Nov 2019US$72.4bUS$83.4bUS$19.7b10x
Sat, 10 Aug 2019US$85.2bUS$79.1bUS$20.1b10.3x
Median PE Ratio

9.7x


Total Market Cap: US$80.0bTotal Earnings: US$9.7bTotal Revenue: US$71.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Broadcasting Industry Median PE3Y Average 9.7x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.7x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Broadcasting industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does U.S. Broadcasting compare with similar industries?

US Market6.18%
Telecom2.89%
Media4.76%
Broadcasting2.96%
Cable and Satellite5.59%
Advertising2.70%
Publishing1.71%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FOXA FoxUS$35.466.0%
+US$1.1b		-5.1%PS17.1x
PARA Paramount GlobalUS$33.913.9%
+US$824.4m		-20.1%PS5.8x
TGNA TEGNAUS$21.844.1%
+US$189.4m		12.6%PS9.8x
NXST Nexstar Media GroupUS$176.701.6%
+US$109.1m		16.3%PS8.1x
AUD AudacyUS$1.748.8%
+US$20.1m		-60.0%PS35.7x
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Latest News

TGNA

US$21.84

TEGNA

7D

4.1%

1Y

12.6%
May 27

Special Situation: TEGNA Offers Investors Potential 11%+ Return

TGNA's merger agreement incentivizes Standard General to close the deal sooner rather than later. With the recent pullback in share price, investors can now buy shares and potentially make over 11% assuming the deal closes. Investors could also collect at least two more dividend payments, depending on when the deal closes.

GTN.A

US$17.86

Gray Television

7D

-5.4%

1Y

-13.8%
May 27
Gray Television (NYSE:GTN.A) Has Re-Affirmed Its Dividend Of US$0.08

Gray Television (NYSE:GTN.A) Has Re-Affirmed Its Dividend Of US$0.08

The board of Gray Television, Inc. ( NYSE:GTN.A ) has announced that it will pay a dividend on the 30th of June, with...

AUD

US$1.74

Audacy

7D

8.8%

1Y

-60.0%
May 27

Audacy: Improvements Are Good, But Not Good Enough

Audacy was hit hard by the COVID-19 pandemic, but its fundamental picture is finally improving. This is good news in and of itself, but the problem is that its recovery is not fast enough. High leverage is also an issue, but shares look cheap from a price to cash flow approach. All combined, the firm looks like a very binary prospect at this time.

NXST

US$176.70

Nexstar Media Group

7D

1.6%

1Y

16.3%

SSP

US$15.71

E.W. Scripps

7D

-1.3%

1Y

-25.9%

SBGI

US$24.33

Sinclair Broadcast Group

7D

-3.5%

1Y

-27.8%

IHRT

US$11.47

iHeartMedia

7D

-5.4%

1Y

-50.6%

FOXA

US$35.46

Fox

7D

6.0%

1Y

-5.1%
May 23
Returns On Capital Signal Tricky Times Ahead For Fox (NASDAQ:FOXA)

Returns On Capital Signal Tricky Times Ahead For Fox (NASDAQ:FOXA)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

AMCX

US$39.53

AMC Networks

7D

-2.5%

1Y

-26.4%
May 20
AMC Networks (NASDAQ:AMCX) Use Of Debt Could Be Considered Risky

AMC Networks (NASDAQ:AMCX) Use Of Debt Could Be Considered Risky

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

HMTV

US$6.95

Hemisphere Media Group

7D

4.8%

1Y

-43.8%
May 19

Hemisphere Media: Low-Risk Take Private Transaction With A Free 30-70% Price Increase Optionality

US-Hispanic-focused media company Hemisphere Media is being taken out opportunistically. The current deal offers a single-digit low-risk return. There is also a "free option" of receiving a higher (30-70% offer).

PARA

US$33.91

Paramount Global

7D

3.9%

1Y

-20.1%

UONE.K

US$6.61

Urban One

7D

1.5%

1Y

37.7%

MDIA

US$3.24

MediaCo Holding

7D

27.4%

1Y

6.8%

TSQ

US$9.97

Townsquare Media

7D

-0.3%

1Y

-27.9%

SGA

US$22.48

Saga Communications

7D

-1.5%

1Y

-4.8%

CMLS

US$11.44

Cumulus Media

7D

-8.5%

1Y

4.2%