The price of E.W. Scripps Co. (NASDAQ: SSP) closed at $3.20 in the last session, down -1.08% from day before closing price of $3.23. On the day, 666459 shares were traded.
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 7.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 2.61.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Scagliotti R. Michael bought 2,300 shares for $4.16 per share. The transaction valued at 9,568 led to the insider holds 41,747 shares of the business.
Barmonde Charles L. bought 10,500 shares of SSP for $44,970 on Feb 29 ’24. The Director now owns 642,401 shares after completing the transaction at $4.28 per share. On Feb 28 ’24, another insider, Scripps John Patrick, who serves as the 10% Owner of the company, bought 2,100 shares for $4.50 each. As a result, the insider paid 9,460 and bolstered with 3,236 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.37.
Stock Price History:
Over the past 52 weeks, SSP has reached a high of $11.02, while it has fallen to a 52-week low of $3.14.
Shares Statistics:
A total of 72.84M shares are outstanding, with a floating share count of 60.77M. Insiders hold about 28.19% of the company’s shares, while institutions hold 68.60% stake in the company.
