Relatively High Gross Margin Detected in Shares of CTC Media in the Broadcasting Industry (CTCM, SBGI, NXST, TVL, DISCA)
Below are the top five companies in the Broadcasting industry as ranked by gross margin. Gross Margin tells you how many of your sales dollars are profit. If efficiency is improved, more profits will result.
CTC Media (NASDAQ:CTCM) has gross margin of 89.9%, a sales growth of 17.6%, and trailing 12 months sales of $524.5 million.
Sinclair Broadcast Group (NASDAQ:SBGI) has gross margin of 78.8%, a sales growth of 9.6%, and trailing 12 months sales of $671.4 million.
Nexstar Broadcasting Group (NASDAQ:NXST) has gross margin of 72.3%, a sales growth of 23.7%, and trailing 12 months sales of $265.1 million.
LIN TV (NYSE:TVL) has gross margin of 70%, a sales growth of 20.5%, and trailing 12 months sales of $373.8 million.
Discovery Communications (NASDAQ:DISCA) has gross margin of 69.4%, a sales growth of 7.9%, and trailing 12 months sales of $3.6 billion.
SmarTrend is bullish on shares of CTCM and our subscribers were alerted to Buy on June 03, 2010 at $15.28. The stock has risen 17.4% since the alert was issued.