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The closing price of E.W. Scripps Co (NASDAQ: SSP) was $2.33 for the day, down -0.85% from the previous closing price of $2.35. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.64 million shares were traded.
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 8.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.76. 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:
As of this moment, E.W.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.23.
Stock Price History:
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 -4.58%, while the 200-Day Moving Average is calculated to be 3.67%.
Shares Statistics:
A total of 75.78M shares are outstanding, with a floating share count of 70.11M. Insiders hold about 20.07% of the company’s shares, while institutions hold 60.77% stake in the company.
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
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 $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.