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E.W. Scripps Co (NASDAQ: SSP) closed the day trading at $2.81 down -10.51% from the previous closing price of $3.14. In other words, the price has decreased by -$10.51 from its previous closing price. On the day, 0.9 million shares were traded. SSP stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $2.8001.

Ratios:

For a better understanding of SSP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.92. 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.

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 275410912 and an Enterprise Value of 3364636416. As of this moment, E.W.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.05. 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 1.361 whereas that against EBITDA is 5.947.

Stock Price History:

The Beta on a monthly basis for SSP is 1.06, which has changed by 0.18565404 over the last 52 weeks, in comparison to a change of 0.18634176 over the same period for the S&P500. Over the past 52 weeks, SSP has reached a high of $4.17, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -6.38%, while the 200-Day Moving Average is calculated to be 15.79%.

Shares Statistics:

Over the past 3-months, SSP traded about 803.79K shares per day on average, while over the past 10 days, SSP traded about 548290 shares per day. A total of 75.78M shares are outstanding, with a floating share count of 70.16M. Insiders hold about 20.01% of the company’s shares, while institutions hold 60.50% stake in the company. Shares short for SSP as of 1752537600 were 2157325 with a Short Ratio of 2.68, compared to 1749772800 on 1792249. Therefore, it implies a Short% of Shares Outstanding of 2157325 and a Short% of Float of 5.52.

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 2020-12-14. Stock splits for the company last occurred on 2015-04-01 when the company split stock in a 1127:1000 ratio.

Revenue Estimates

2 analysts predict $528M in revenue for the current quarter. It ranges from a high estimate of $530.1M to a low estimate of $525.9M. As of the current estimate, E.W. Scripps Co’s year-ago sales were $646.3MFor the next quarter, 2 analysts are estimating revenue of $569.3M. There is a high estimate of $571.4M for the next quarter, whereas the lowest estimate is $567.2M.

A total of 2 analysts have provided revenue estimates for SSP’s current fiscal year. The highest revenue estimate was $2.17B, while the lowest revenue estimate was $2.16B, resulting in an average revenue estimate of $2.16B. 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.