In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
As of close of business last night, E.W. Scripps Co’s stock clocked out at $2.32, down -10.42% from its previous closing price of $2.59. In other words, the price has decreased by -$10.42 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
To gain a deeper understanding of SSP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.48 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 2.52, and their Forward P/E ratio for the next fiscal year is 232.00. 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 $4.65, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -1.29%, while the 200-Day Moving Average is calculated to be 1.74%.
Shares Statistics:
A total of 75.78M shares are outstanding, with a floating share count of 71.04M. Insiders hold about 18.85% of the company’s shares, while institutions hold 62.15% stake in the company.
