E.W. Scripps Company (The) which can be found using ticker (SSP) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 17 and 11 calculating the mean target price we have $13.83. Given that the stocks previous close was at $8.73 and the analysts are correct then there would likely be a percentage uptick in value of 58.4%. Also worth taking note is the 50 day moving average now sits at $11.95 and the 200 day MA is $13.40. The company has a market capitalization of $741m. Company Website: https://www.scripps.com
The potential market cap would be $1,174m based on the market consensus.
The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. Its Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations. This segment also runs network, syndicated, and original programming. The company’s Scripps Network segment operates national television networks. This segment operates through over-the-air broadcast, cable/satellite, connected TV, and digital distribution. The company also provides content and services through digital platforms, including the Internet, smartphones, and tablets. In addition, it offers Scripps News, a national news network, which provides politics, entertainment, science, and technology news; and Scripps National Spelling Bee, which serve as the steward of educational programs. Further, the company provides ION, a national network of broadcast stations and broadcast television spectrum, which distributes programming through Federal Communications Commission-licensed television stations, as well as affiliated TV stations through over-the-air broadcast and pay TV platforms; and consumers DVR product solutions to watch and record free over-the-air HDTV on connected devices. It serves audiences and businesses. The E.W. Scripps Company was founded in 1878 and is headquartered in Cincinnati, Ohio.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 5.4, revenue per share of 29.48 and a 4.19% return on assets.
