MediaCo Holding shares rise 10.64% after-hours as P/S ratio aligns with industry amid revenue growth.

MediaCo Holding surged 10.64% in after-hours trading following an analysis by Simply Wall St highlighting its undervaluation relative to the Media industry. The report noted MediaCo’s price-to-sales ratio of 0.6x, below the industry median of 1.1x, despite the company’s exceptional revenue growth—166% year-over-year and 219% over three years. This contrast with the industry’s 3.0% growth forecast suggested potential upside for investors. The analysis also implied that the recent 25% monthly price drop may have created a buying opportunity, as strong revenue performance could outpace broader industry expectations. While the article acknowledged risks, it framed the valuation as attractive, aligning with the post-market rally as investors reacted to the reassessment of its fundamentals.