Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Saga Communications, Inc. operates as a broadcasting firm, concentrating on the acquisition, development, and management of media assets throughout the United States. Its diverse network of radio stations presents a broad spectrum of programming, featuring popular formats such as classic hits, adult hits, top 40, various country music genres (including country legends), mainstream, hot, and soft adult contemporary, pure oldies, classic rock, and news/talk content. As of February 28, 2022, the company's portfolio encompassed 79 FM and 34 AM radio stations, alongside 79 metro signals, collectively serving 27 different markets. Saga Communications, established in 1986, maintains its corporate headquarters in Grosse Pointe Farms, Michigan.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of SGA is 14.0 and suggests 68.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre