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.

Many analysts weighed in on price targets for SSP. The maximum price target given was 26, which equates to a potential upside of 29.68 percent. The minimum price target given was 19, implying potential capital losses 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 37.5 percent on average, compared to last month. That number becomes -50 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 14.56 percent. 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. 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. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. 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. Today's price is 64.88 percent above the 52-week low, and below the high by 16.98 percent. 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's next earnings release will be on 0000-00-00, which is days away.