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 potential capital gains of 29.68 percent. The most pessimistic analyst gave a price target of 19, implying potential capital losses of -5.24 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 37.5 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -50 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 14.56 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -19.06 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. SSP has a PEG ratio of -0.39.

SSP has traded between a high of 24.15 and a low of 12.16 over the past year. Currently the stock is 64.88 percent higher than its low, 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 market cap of SSP is $1.65 billion. SSP will post this quarters earnings in days, on 0000-00-00.