Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
The price of E.W. Scripps Co (NASDAQ: SSP) closed at $2.79 in the last session, down -2.11% from day before closing price of $2.85. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 0.89 million shares were traded. SSP stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $2.7.
Ratios:
We take a closer look at SSP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.36 and its Current Ratio is at 1.36. In the meantime, Its Debt-to-Equity ratio is 2.06 whereas as Long-Term Debt/Eq ratio is at 2.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. 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 244712288 and an Enterprise Value of 3362882304. As of this moment, E.W.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 1.36 whereas that against EBITDA is 5.944.
Stock Price History:
The Beta on a monthly basis for SSP is 1.07, which has changed by -0.10862619 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, SSP has reached a high of $4.06, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 15.83%, while the 200-Day Moving Average is calculated to be 22.70%.
Shares Statistics:
According to the various share statistics, SSP traded on average about 894.77K shares per day over the past 3-months and 942080 shares per day over the past 10 days. A total of 75.78M shares are outstanding, with a floating share count of 70.11M. Insiders hold about 20.06% of the company’s shares, while institutions hold 61.05% stake in the company. Shares short for SSP as of 1749772800 were 1792249 with a Short Ratio of 2.00, compared to 1747267200 on 2043753. Therefore, it implies a Short% of Shares Outstanding of 1792249 and a Short% of Float of 4.5900002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The 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 1607904000. Stock splits for the company last occurred on 2015-04-01 when the company split stock in a 1127:1000 ratio.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $544.17M. It ranges from a high estimate of $546.65M to a low estimate of $540.9M. As of the current estimate, E.W. Scripps Co’s year-ago sales were $573.63MFor the next quarter, 5 analysts are estimating revenue of $532.36M. There is a high estimate of $539.8M for the next quarter, whereas the lowest estimate is $525.9M.
A total of 5 analysts have provided revenue estimates for SSP’s current fiscal year. The highest revenue estimate was $2.19B, while the lowest revenue estimate was $2.16B, resulting in an average revenue estimate of $2.17B. In the same quarter a year ago, actual revenue was $2.51BBased on 5 analysts’ estimates, the company’s revenue will be $2.39B in the next fiscal year. The high estimate is $2.44B and the low estimate is $2.34B.
