{"id":331041,"date":"2025-01-08T12:10:47","date_gmt":"2025-01-08T04:10:47","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331041"},"modified":"2025-01-08T12:10:49","modified_gmt":"2025-01-08T04:10:49","slug":"stock-in-focus-gma-network-inc-gma7-8-jan-2025-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-in-focus-gma-network-inc-gma7-8-jan-2025-by-regina-capital-development-corp\/","title":{"rendered":"Stock in Focus: GMA Network Inc. (GMA7) – 8 Jan 2025 by Regina Capital Development Corp."},"content":{"rendered":"\n

Summary of Broker’s Recommendation<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>GMA7<\/td><\/tr>
Company Name<\/strong><\/td>GMA Network Inc.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>8 January 2025<\/td><\/tr>
Recommendation<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 7.26<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Looking ahead, the 2025 midterm elections present a significant revenue opportunity for GMA7, as political advertising typically drives a sharp increase in spending. With its broad reach and trusted news programs, GMA7 is well-positioned to capture a substantial share of the premium-priced political ads. Additionally, its digital platforms offer further potential to tap into the growing online advertising market.<\/p>\n\n\n\n

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Analysis and Opinion<\/h2>\n\n\n\n

The Philippine broadcasting industry is transforming rapidly as digital platforms reshape traditional media consumption. Despite these disruptions, free-to-air television remains crucial, especially in rural areas with limited internet access. <\/p>\n\n\n\n

GMA Network, Inc. (GMA7) has maintained its leadership, driven by strong content and consistent audience engagement, particularly after ABS-CBN\u2019s franchise denial in 2020. Key programs like 24 Oras and Kapuso Mo, Jessica Soho continue to dominate ratings in Mega Manila and urban centers, solidifying GMA7\u2019s market position.<\/p>\n\n\n\n

While GMA7 faces growing competition from global streaming giants like Netflix and YouTube, its investments in digital initiatives, such as Kapuso Stream and social media channels, have started to yield results, with digital ad revenues growing by +6% y\/y. <\/p>\n\n\n\n

However, digital monetization remains a small part of its total income. For the first three quarters of 2024, consolidated revenues declined by -9% y\/y, with advertising revenues dropping to P11.52bn and EBITDA contracting by -24% y\/y to P3.71bn due to higher operating expenses.<\/p>\n\n\n\n

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Check how many brokers recommend this stock<\/h2>\n\n\n\n
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All Stock Rankings<\/a><\/blockquote>