Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of E.W. Scripps Co (NASDAQ: SSP) closed at $2.92 in the last session, up 13.18% from day before closing price of $2.58. In other words, the price has increased by $13.18 from its previous closing price. On the day, 1.44 million shares were traded. SSP stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.54.
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 10.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.31 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 2.05 whereas as Long-Term Debt/Eq ratio is at 2.03.
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 253166928 and an Enterprise Value of 3350848000. As of this moment, E.W.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.95, and their Forward P/E ratio for the next fiscal year is 10.86. 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 0.28. Its current Enterprise Value per Revenue stands at 1.335 whereas that against EBITDA is 5.743.
Stock Price History:
The Beta on a monthly basis for SSP is 1.10, which has changed by -0.2435233 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, SSP has reached a high of $4.65, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is 45.88%, while the 200-Day Moving Average is calculated to be 25.19%.
Shares Statistics:
According to the various share statistics, SSP traded on average about 1.03M shares per day over the past 3-months and 3588520 shares per day over the past 10 days. A total of 74.69M shares are outstanding, with a floating share count of 71.95M. Insiders hold about 17.01% of the company’s shares, while institutions hold 62.65% stake in the company. Shares short for SSP as of 1740700800 were 2077804 with a Short Ratio of 2.02, compared to 1738281600 on 2167292. Therefore, it implies a Short% of Shares Outstanding of 2077804 and a Short% of Float of 4.8499998.
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.
