For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $4.43 in the prior trading day, E.W. Scripps Co (NASDAQ: SSP) closed at $4.38, down -1.13%. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.84 million shares were traded. SSP stock price reached its highest trading level at $4.67 during the session, while it also had its lowest trading level at $4.23.
Ratios:
Our goal is to gain a better understanding of SSP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 2.19.
Upgrades & Downgrades
In the most recent recommendation for the company, Wells Fargo on November 09, 2022, Downgraded its rating to Equal Weight and sets its target price to $11 from $20 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SSP now has a Market Capitalization of 388953344 and an Enterprise Value of 3539618304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 1.527 whereas that against EBITDA is 7.765.
Stock Price History:
The Beta on a monthly basis for SSP is 0.50, which has changed by 1.2717948 over the last 52 weeks, in comparison to a change of 0.1177547 over the same period for the S&P500. Over the past 52 weeks, SSP has reached a high of $4.91, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 58.72%, while the 200-Day Moving Average is calculated to be 64.53%.
Shares Statistics:
The stock has traded on average 997.57K shares per day over the past 3-months and 2817840 shares per day over the last 10 days, according to various share statistics. A total of 76.87M shares are outstanding, with a floating share count of 63.73M. Insiders hold about 28.23% of the company’s shares, while institutions hold 64.45% stake in the company. Shares short for SSP as of 1763078400 were 3223054 with a Short Ratio of 3.33, compared to 1760486400 on 3062968. Therefore, it implies a Short% of Shares Outstanding of 3223054 and a Short% of Float of 8.0299996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0. The stock’s 5-year Average Dividend Yield is 9.44. . The current Payout Ratio is 0.00% for SSP, which recently paid a dividend on 2020-12-14 with an ex-dividend date of 2020-12-14. Stock splits for the company last occurred on 2015-04-01 when the company split stock in a 1127:1000 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 5.0 analysts. The consensus estimate for the next quarter is -$0.36, with high estimates of -$0.32 and low estimates of -$0.38.
Analysts are recommending an EPS of between -$0.89 and -$1.76 for the fiscal current year, implying an average EPS of -$1.42. EPS for the following year is $0.48, with 4.0 analysts recommending between $1.03 and -$0.34.
Revenue Estimates
5 analysts predict $550.82M in revenue for . The current quarter. It ranges from a high estimate of $559.2M to a low estimate of $545M. As of . The current estimate, E.W. Scripps Co’s year-ago sales were $728.38MFor the next quarter, 5 analysts are estimating revenue of $529.25M. There is a high estimate of $533.4M for the next quarter, whereas the lowest estimate is $525.1M.
A total of 5 analysts have provided revenue estimates for SSP’s current fiscal year. The highest revenue estimate was $2.15B, while the lowest revenue estimate was $2.13B, resulting in an average revenue estimate of $2.14B. In the same quarter a year ago, actual revenue was $2.51BBased on 5 analysts’ estimates, the company’s revenue will be $2.34B in the next fiscal year. The high estimate is $2.38B and the low estimate is $2.29B.
