Daily Market Movement: E.W. Scripps Co (SSP) Sees a -1.72% Decrease, Closing at $4.0

Nora Barnes

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of E.W. Scripps Co (NASDAQ: SSP) was $4.0 for the day, down -1.72% from the previous closing price of $4.07. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 0.48 million shares were traded. SSP stock price reached its highest trading level at $4.0375 during the session, while it also had its lowest trading level at $3.875.

Ratios:

Our analysis of SSP’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.91. 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.

The Benchmark Company reiterated its Buy rating for the stock on November 11, 2019, while the target price for the stock was revised from $25 to $24.

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 355208512 and an Enterprise Value of 3505873408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 1.512 whereas that against EBITDA is 7.691.

Stock Price History:

The Beta on a monthly basis for SSP is 0.63, which has changed by 1.6534796 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, SSP has reached a high of $4.98, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 13.92%, while the 200-Day Moving Average is calculated to be 36.07%.

Shares Statistics:

SSP traded an average of 1.20M shares per day over the past three months and 1082690 shares per day over the past ten days. A total of 76.87M shares are outstanding, with a floating share count of 63.86M. Insiders hold about 28.08% of the company’s shares, while institutions hold 64.02% stake in the company. Shares short for SSP as of 1764288000 were 3185808 with a Short Ratio of 2.40, compared to 1761868800 on 3322281. Therefore, it implies a Short% of Shares Outstanding of 3185808 and a Short% of Float of 7.9399999999999995.

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 2025-12-08 when the company split stock in a 133:100 ratio.

Earnings Estimates

The dynamic stock of E.W. Scripps Co (SSP) is currently being evaluated by a team of 5.0 analysts, each contributing to its current rating.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

It is expected that $90B in revenue will be generated in. The current quarter, according to 5 analysts. 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.

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