Salem Communications Corp (NASDAQ:SALM)

CAPS Rating: 2 out of 5

The Company's principal business strategy is to expand and improve its national radio platform in order to deliver compelling content to audiences interested in Christian and family-themed programs and conservative news talk.

Recs

0
Player Avatar Staka (98.24) Submitted: 6/17/2012 6:24:57 AM : Outperform Start Price: $5.39 SALM Score: +6.22

Positive:- It is a turnaround story- In times of crisis people flock (back) to religion, financial and economic crisis will deepen which is good for Salems business- Up to $4 insiders have bought some reasonable amount of shares (despite already high insider ownership)- If they can transform revenue growth into earnings growth, e.g. by increasing margins, and further reduce debt they might have the potential to go a lot higherNegative:- Gross margin is low- Debt is still highCategory: R13BRn

Featured Broker Partners


Advertisement