Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Paxson Communications (AMEX:PAX)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials
Location
601 Clearwater Park Road
West Palm Beach, FL 33401
Phone: (561) 659-4122
Fax: (561) 659-4252
Email: kimstevenson@pax.net
Employees (last reported count): 823
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Free Annual Report
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Broadcasting & Cable TV
Company Website
 ·Home Page

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 57%
·Over the last 6 months:
 · 2 insider sells; 1.19M shares
  (3.1% of insider shares)
·Institutional: 38% (89% of float)
(127 institutions)
·Net Inst. Buying: 3.55M shares (+12.68%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Paxson Communications Corporation is a network television broadcasting company whose principal business is the ownership and operation of the largest broadcast television station group in the United States through which it broadcasts PAX TV, the Company's family programming network. The PAX TV Network reaches US television households through a distribution system comprised of owned and affiliated broadcast television stations, cable television systems in markets not served by a PAX TV station and nationwide through satellite television providers. According to Nielsen Television Index, as of February 2001, the PAX TV Network reached 82% of US primetime television households through owned or affiliated broadcast stations, cable and satellite distribution. Upon completion of pending transactions, the PAX TV Network will include 124 broadcast television stations, consisting of 65 of the 73 stations, which are owned and operated by the Company and 59 independently owned PAX TV affiliates.
More from Market Guide: Expanded Business Description

Financial Summary
Paxson Communications Corporation is a network television broadcasting company whose principal business is the ownership and operation of the largest broadcast television station group in the U.S. For the six months ended 6/30/01, revenues rose 2% to $137 million. Net loss applicable to Common decreased 17% to $129.6 million. Results reflect increased advertising revenue from the PAX TV network, and the absence of realized value from programming rights adjustment.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY2000 Compensation
PayExer

Lowell Paxson, 65
Chairman
$610K--  
Jeffrey Sagansky, 49
Pres, CEO, Director
671K--  
William Simon, Jr., 49
Vice Chairman
--  --  
Dean Goodman, 53
COO
1.5M$1.0M
Anthony Morrison, 39
Exec. VP, Sec. and CLO
304K--  
Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year.
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- AMEX:PAXAs of 31-Aug-2001
Price and Volume
52-Week Low
on 6-Dec-2000
$8.625
Recent Price$9.55 
52-Week High
on 22-May-2001
$14.00 
Beta0.58 
Daily Volume (3-month avg)93.6K
Daily Volume (10-day avg)94.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y | max]
52-Week Change-27.6%
52-Week Change
relative to S&P500
-2.9%
Share-Related Items
Market Capitalization$616.9M
Shares Outstanding64.6M
Float27.6M
Dividends & Splits
Annual Dividendnone 
Last Split: 3 for 2 on 24-Jan-1995
Per-Share Data
Book Value (mrq)-$5.01 
Earnings (ttm)-$5.68 
Earnings (mrq)-$0.93 
Sales (ttm)$4.27 
Cash (mrq)$0.98 
Valuation Ratios
Price/BookN/A 
Price/EarningsN/A 
Price/Sales (ttm)2.23 
Income Statements
Sales (ttm)$274.2M
EBITDA (ttm)$90.0M
Income available to common (ttm)-$364.4M
Profitability
Profit Margin (ttm)-53.4%
Operating Margin (ttm)-42.3%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-9.67%
Return on EquityN/A 
Financial Strength
Current Ratio (mrq)1.37 
Debt/EquityN/A 
Total Cash (mrq)$63.1M
Short Interest
As of 8-Aug-2001
Shares Short1.02M
Percent of Float3.7%
Shares Short
(Prior Month)
0 
Short Ratio13.09 
Daily Volume78.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.