Business
Progressive publishes new research
Progressive publishes new research.
About this update from Stv Group Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n Towards streaming and content\n \n \n \n \n \n \n STV continues to be viewed as a mature broadcaster, yet it is transforming into a growing streaming and production business. We see continued double-digit growth prospects in these areas, together with a resilient broadcast business, and calculate five-year growth of 7% pa in revenue / 10% pa in operating profit for the group (FY23E-FY28E). Near-term economic pressures are factored into current EPS estimates, but should also drive eyeballs towards STV's free AVOD service. Current valuation (7.6x FY23E EPS / 4.3% dividend yield) looks modest given the longer-term potential.\n \n \n \n \n \n \n \n \n \n \n \n \n Click here for full analysis\n \n \n \n \n \n \n \n \n \n Subscribe\n \n \n \n to Progressive's research, which is freely available to every type of investor, and be kept informed about our regular programme of investor engagement. \n \n \n \n About Progressive:\n \n \n \n \n \n \n Progressive helps you make informed investment decisions. FCA authorised and regulated, and with a 15-strong team of highly experienced analysts, we provide freely available institutional grade equity research and access to company management teams across every sector of the market.\n \n \n \n \n \n \n \n www.progressive-research.com\n \n \n \n \n \n \n \n \n \n \n \n \n Broad coverage\n \n \n \n \n \n \n \n \n \n Analyst calibre\n \n \n \n \n \n \n \n \n \n \n \n across 12 sectors\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Business Services\n \n \n \n \n \n \n Oil & Gas\n \n \n \n \n \n \n 15\n \n \n analysts\n \n \n \n \n \n \n with average\n \n \n \n \n \n \n 20\n \n \n \n \n \n \n \n years\n \n \n \n \n \n \n \n \n Financials\n \n \n \n \n \n \n Property\n \n \n \n \n \n \n experience of\n \n \n \n \n \n \n \n \n Healthcare\n \n \n \n \n \n \n Retail\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Industrials\n \n \n \n \n \n \n Technology\n \n \n \n \n \n \n 30+\n \n \n \n \n \n \n \n \n \n \n \n \n \n techMARK\n \n \n \n \n \n \n \n \n Investment Trusts\n \n \n \n \n \n \n Telecoms\n \n \n \n \n \n \n industry based\n \n \n \n \n \...