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.

SSP was given price targets by several analysts. The maximum price target given was 26, which equates to a potential upside of 29.68 percent. The lowest price target was 19, implying a possible loss of -5.24 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 37.5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -50 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 14.56 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -19.06 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of SSP's earnings is estimated by analysts to be -70.83 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SSP is -0.39.

In the trailing 52-weeks, SSP hit 24.15 at the highest peak, while it's lowest trading point was 12.16. The current market price is above the trailing year's low by 64.88 percent, and 16.98 percent lower than its 52-week high. SSP has a P/E 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 stock has a market capitalization of $1.65 billion. SSP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.