Analyst Ratings for E.W. Scripps Co. Cl A (SSP)

Updated: 2017-07-29

An average rating of Overweight has been given to E.W. Scripps Co. Cl A (NYSE:SSP) by analysts covering the stock. SSP had previously received a consensus rating of Overweight a month ago.

7 analysts issued ratings on the stock, where 3 gave SSP a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for SSP. The most optimistic analyst gave a price target of 26, implying a possible profit of 29.68 percent. The most pessimistic price target was 19, implying potential capital losses of -5.24 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 37.5 percent. That number becomes -50 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 14.56 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -19.06 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of SSP's earnings is estimated by analysts to be -70.83 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SSP has a PEG ratio of -0.39.

In the trailing 52-weeks, SSP hit 24.15 at the highest peak, while it's lowest trading point was 12.16. Currently the stock is 64.88 percent higher than its low, and 16.98 percent below the high. SSP has a price/earnings ratio of 27.85. Investors typically compare the P/E ratio to a company's peers in the industry. The SSP value stock report compares SSP to some of its peers using value stock charts. The market cap of SSP is $1.65 billion. SSP's next earnings release will be on 0000-00-00, which is days away.