N@N

CTCM, SNI, GTN, SGA, EVC, MBND, Broadcasting - Radio TV Stocks Undervalued

^{Published on 2011-05-31 07:20:24 - WOPRAI}
 

May 31, 2011/ M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring the Broadcasting - Radio TV sector and these stocks are the most undervalued as of today. CTC MEDIA INC (NASDAQ:CTCM), SCRIPPS NETWORKS INTER-CL A (NYSE:SNI), GRAY TELEVISION INC (NYSE:GTN), SAGA COMMUNICATIONS INC-CL A (AMEX:SGA), ENTRAVISION COMMUNICATIONS-A (NYSE:EVC), MULTIBAND CORP (NASDAQ:MBND) are all expected to go Up as they are Undervalued according to industry standard valuation metrics. The valuation model employs a three-factor approach to stock valuation using fundamental variables--the company's trailing 12-month Earnings-Per-Share (EPS), the analyst consensus estimate of the company's forecasted 12-month EPS, and the 30-year Treasury yield--to create a highly accurate reflection of a company's fair value.

The chart below displays the projected Fair Value and Valuation discount/premium of the most undervalued stocks in the highlighted industry group:

     Symbol     Company Name                        Last Close     Fair Value     Valuation                   Industry               
     CTCM       CTC MEDIA INC                       $20.00         $22.94         12.80% Undervalued          Broadcasting - Radio TV
     SNI        SCRIPPS NETWORKS INTER-CL A         $50.18         $55.93         10.30% Undervalued          Broadcasting - Radio TV
     GTN        GRAY TELEVISION INC                 $2.64          $4.60          42.60% Undervalued          Broadcasting - Radio TV
     SGA        SAGA COMMUNICATIONS INC-CL A        $33.98         $39.24         13.40% Undervalued          Broadcasting - Radio TV
     EVC        ENTRAVISION COMMUNICATIONS-A        $2.14          $5.95          64.00% Undervalued          Broadcasting - Radio TV
     MBND       MULTIBAND CORP                      $3.25          $3.72          12.60% Undervalued          Broadcasting - Radio TV

Here are some of the variables that are utilized when calculating the Fair Market Valuation of a stock: Long-run EPS growth rate, Duration of Business-growth-cycle, Volatility of EPS growth rate, Systematic or beta risk of the firm, Correlation between the firm's EPS and the interest rate environment, EPS growth volatility, Dividend payout ratio, Buffer earnings, Interest rate related criteria: Interest rate (30 year yield) long-run level, Duration of interest rate cycle, Interest rate volatility. The Fair Market Valuation uses 12-month historic and forecasted EPS values and the current 30-year treasury yield as primary determinants. When calculating risk/return values such as the Sharpe ratio, the historic periods used are five years.

Some expected results of the Valuation Model are: the valuation of a stock increases in a declining interest rate environment. Increasing current and/or projected EPS will produce a higher Valuation. While long-term EPS growth would produce a corresponding long-term Valuation increase, concomitant long-term interest rate increases would offset EPS growth and depress the Valuation. The shorter a company's own business cycle, the higher its stock Valuation will be.

CTC MEDIA INC (NASDAQ:CTCM) - CTC Media, Inc. operates television networks that offer entertainment programming in the Russian Federation. The company operates CTC Network targeted at 6-54 year-old viewers; Domashny (Home) Network targeted at 25-60 year-old women; and DTV Network targeted at 25-54 year-old viewers. It also operates Channel 31, a television network in Kazakhstan; a television channel in Uzbekistan; and a broadcasting group in Moldova, as well as two in-house production companies, including Costafilm and Soho Media, which offer television series, sitcoms, and shows. The companys CTC Television station group includes 45 owned-and-operated stations and unmanned repeater stations; Domashny Television station group consisting of 32 owned-and-operated stations and unmanned repeater stations; and DTV Television station group comprising 31 owned-and-operated stations and unmanned repeater stations. CTC Media was incorporated in 1989 and is headquartered in Moscow, the Russian Federation.

SCRIPPS NETWORKS INTER-CL A (NYSE:SNI) - Scripps Networks Interactive, Inc. operates as a lifestyle content and interactive services company in the United States and internationally. The company operates through two segments, Lifestyle Media and Interactive Services. The Lifestyle Media segment includes national television networks, such as Home and Garden Television, Food Network, Travel Channel, DIY Network, Great American Country, Fine Living Network, and SN Digital, which includes Web sites that are associated with the aforementioned television brands; and other Internet-based businesses serving food or shelter related categories, such as RecipeZaar.com, HGTVPro.com, and FrontDoor.com. The Interactive Services segment provides online comparison shopping service, Shopzilla, and its related online comparison shopping brands, bizrate and beso. Its product comparison shopping services help consumers find products offered for sale on the Web by online retailers. Shopzilla also operates a Web-based consumer feedback network within the bizrate brand that collects millions of consumer reviews of stores and products each year. The company is headquartered in Cincinnati, Ohio. As of July 01, 2008, Scripps Networks Interactive, Inc. operates independently of EW Scripps Co.

GRAY TELEVISION INC (NYSE:GTN) - Gray Television, Inc. operates as a television broadcast company in the United States. As of April 6, 2010, it operated 36 television stations in 30 markets, including 17 affiliated with CBS Inc.; 10 affiliated with the National Broadcasting Company, Inc.; 8 affiliated with the American Broadcasting Company (ABC); and 1 affiliated with FOX Entertainment Group, Inc. (FOX). The company also operated 39 digital second channels comprising 1 affiliated with ABC, 4 affiliated with FOX, 7 affiliated with CW Network, LLC, 18 affiliated with Twentieth Television, Inc., 2 affiliated with Universal Sports Network, and 7 local news/weather channels. Gray Television, Inc. was founded in 1897 and is headquartered in Atlanta, Georgia.

SAGA COMMUNICATIONS INC-CL A (AMEX:SGA) - Saga Communications, Inc., a broadcast company, engages in the acquisition, development, and operation of radio and television stations. The companys radio stations employ various programming formats that include classic hits, adult contemporary, classic rock, news/talk, country, and classical. Saga Communications owns and/or operates various television stations comprising two CBS affiliates, one ABC affiliate, two Fox affiliates, one Univision affiliate, one NBC affiliate, one MYTV affiliate, and one Telemundo affiliate. As of March 4, 2010, it owned or operated 61 FM and 30 AM radio stations, 3 state radio networks, 2 farm radio networks, 5 television stations, and 4 low-power television stations. The company serves various markets, including Bellingham, Washington; Columbus, Ohio; Norfolk, Virginia; Milwaukee, Wisconsin; Manchester, New Hampshire; Des Moines, Iowa; and Joplin, Missouri. Saga Communications, Inc was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

ENTRAVISION COMMUNICATIONS-A (NYSE:EVC) - Entravision Communications Corporation, together with its subsidiaries, operates as a diversified Spanish-language media company. It utilizes a combination of television and radio operations to reach Hispanic consumers in the United States, as well as the border markets of Mexico. It operates in two segments, Television Broadcasting and Radio Broadcasting. The Television Broadcasting segment owns and/or operates Univision-affiliated television stations in the United States. It offers an entertainment magazine, a news magazine, and national news, as well as local news produced by its television stations; airs various shows, including novellas, talk shows, news magazines, and reality shows, as well as specials; and childrens programming, such as sports, reality, comedy shows, and movies. As of December 31, 2009, this segment owned and/or operated 53 primary television stations located primarily in California, Colorado, Connecticut, Florida, Massachusetts, Nevada, New Mexico, Texas, and Washington, D.C. The Radio Broadcasting segment owns and operates radio stations located in the Hispanic markets in the United States. It combines network and local programming with local time slots available for advertising, news, traffic, weather, promotions, and community events. This segment owned and operated 48 radio stations, including 37 FM and 11 AM located primarily in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. The company was founded in 1996 and is headquartered in Santa Monica, California.

MULTIBAND CORP (NASDAQ:MBND) - Multiband Corporation and its subsidiaries engage in the provision of voice, data, and video services to multi-dwelling unit and single family home customers in the United States. The company operates in two segments, Home Service Provider (HSP) and Multi-Dwelling Unit (MDU). The HSP segment engages in the installation and servicing of DirecTV video programming, Internet, and home security systems for the residents of single family homes. The MDU segment serves as a master service operator for DirecTV, a provider of satellite television service. This segment offers satellite television services to residents of multi-dwelling units through a network of affiliated operators. As of March 15, 2010, Multiband Corporation had approximately 120,000 owned and managed subscriptions. The company was formerly known as Vicom, Incorporated and changed its name to Multiband Corporation in July 2004. Multiband Corporation was founded in 1933 and is based in New Hope, Minnesota.

About BUYINS.NET

BUYINS.NET, www.buyins.net , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

REGULATORY & COMPLIANCE NEWS

Friction Factor -- market maker surveillance system tracking Level II market makers in all stocks to determine Price Friction and compliance with new "Fair Market Making Requirements"

RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO

INVESTMENTS & TRADING

SqueezeTrigger -- 29 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.

DISCLAIMER:

BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. BUYINS.NET has not been compensated by any of the above mentioned companies. Past performance is not indicative of future results. Please visit our web site, www.buyins.net , for complete risks and disclosures.

Contact:

BUYINS.NET Thomas Ronk 800-715-9999 tom@buyins.net www.buyins.net