Saga Communications Story

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SGA -- USA Stock  

USD 21.16  0.16  0.76%

Saga Communications is scheduled to announce its earnings today. Saga Communications Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 11,926.8. The current year Average Assets is expected to grow to about 261.3 M, whereas Revenue Per Employee is forecasted to decline to about 107.5 K. While many traders are getting carried away by overanalyzing communication services space, it is reasonable to go over Saga Communications as an investment alternative.
Published over a month ago
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What is April outlook for Saga Communications (NASDAQ:SGA)?
Saga Communications has 16.59 M in debt with debt to equity (D/E) ratio of 0.09, which may show that Saga Communications is not taking advantage of profits from borrowing. The entity has a current ratio of 4.44, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. The company has Net Profit Margin of (0.34) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 2.97 %, which entails that for every 100 dollars of revenue, it generated 0.03 of operating income.
Saga Communications financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Saga Communications, including all of Saga Communications's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Saga Communications assets, the company is considered highly leveraged. Understanding the composition and structure of overall Saga Communications debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it.
Please read more on our technical analysis page.

Understanding Saga Communications Total Debt

Saga Communications liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Saga Communications has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Saga Communications balance sheet include debt obligations and money owed to different Saga Communications vendors, workers, and loan providers. Below is the chart of Saga Communications main long-term debt accounts currently reported on its balance sheet.
You can use Saga Communications financial leverage analysis tool to get a better grip on understanding its financial position

How important is Saga Communications's Liquidity

Saga Communications financial leverage refers to using borrowed capital as a funding source to finance Saga Communications ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Saga Communications financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Saga Communications's total debt and its cash.

Sale by Towerview Llc of 2534 shares of Saga Communications

Legal trades by Saga Communications insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Saga Communications insider trading alert for sale of class a common stock by Towerview Llc, the corporate stakeholder, on 16th of March 2021. This event was filed by Saga Communications Inc with SEC on 2021-03-16. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

What is driving Saga Communications Investor Appetite?

The modest gains experienced by current holders of Saga Communications created some momentum for investors as it was traded today as low as 23.2 and as high as 23.51 per share. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in February. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.95. The current volatility is consistent with the ongoing market swings in February 2021 as well as with Saga Communications unsystematic, company-specific events.

Liabilities Breakdown

20.8 M
Tax Liabilities
84.5 M
Total Liabilities
Current Liabilities
Total Liabilities84.46 Million
Current Liabilities15.26 Million
Long-Term Liabilities107.92 Million
Tax Liabilities20.84 Million

Does Saga Communications have anything more to drop some light on in March?

Market risk adjusted performance is down to 0.23. It may suggest a possible volatility slip.
As of the 12th of March 2021, Saga Communications has the Coefficient Of Variation of 1396.72, risk adjusted performance of 0.066, and Semi Deviation of 2.44. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Saga Communications, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Saga Communications, which can be compared to its competition. Please validate Saga Communications treynor ratio, and the relationship between the variance and potential upside to decide if Saga Communications is priced more or less accurately, providing market reflects its prevalent price of 23.2 per share. Given that Saga Communications has jensen alpha of 0.1087, we advise you to double-check Saga Communications's current market performance to make sure the company can sustain itself at a future point.

Whereas few other entities in the broadcasting industry are either recovering or due for a correction, Saga Communications may not be performing as strong as the other in terms of long-term growth potentials. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Saga Communications as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Saga Communications.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Saga Communications. Please refer to our Terms of Use for any information regarding our disclosure principles.

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