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 price target was 26, which equates to a potential upside of 29.68 percent. The most pessimistic analyst gave a price target of 19, which equates to a potential downside of -5.24 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. If we look at the last 90 days instead, we find a net average change of -19.06 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 3 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 3 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

SSP has an estimated earnings growth rate of -70.83 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 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 last 52-weeks, SSP has achieved a high of 24.15 and a low of 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.