E W Scripps Stock Today

SSP Stock  USD 3.54  0.24  7.27%   

Performance

0 of 100

 
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Odds Of Distress

Less than 39

 
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E W is selling at 3.54 as of the 18th of April 2024; that is 7.27% increase since the beginning of the trading day. The stock's last reported lowest price was 3.2. E W has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for E W Scripps are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
29th of June 1988
Category
Communication Services
Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company was founded in 1878 and is headquartered in Cincinnati, Ohio. EW Scripps operates under Broadcasting classification in the United States and is traded on NASDAQ Exchange. The company has 73.31 M outstanding shares of which 5.33 M shares are at this time shorted by investors with about 4.57 days to cover. More on E W Scripps

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SSP Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. E W's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding E W or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanRichard Boehne
Thematic IdeaCommunication (View all Themes)
Old NameGold X Mining Corp
Business ConcentrationBroadcasting, Media & Entertainment, Communication Services, Stock Exchange Of, SP Small-Cap 600, NASDAQ Composite, Communication, Communication Services, Media, Broadcasting, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering E W report their recommendations after researching E W's financial statements, talking to executives and customers, or listening in on E W's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering E W Scripps. The SSP consensus assessment is calculated by taking the average forecast from all of the analysts covering E W.
Financial Strength
Based on the key measurements obtained from E W's financial statements, E W Scripps is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of E W Scripps is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.720.4238
Way Up
Slightly volatile
Gross Profit Margin0.430.3727
Fairly Up
Slightly volatile
Total Current Liabilities246.5 M477.8 M
Way Down
Slightly volatile
Non Current Liabilities TotalB3.8 B
Sufficiently Up
Slightly volatile
Total Assets5.7 B5.4 B
Sufficiently Up
Slightly volatile
Total Current Assets541 M676.1 M
Significantly Down
Slightly volatile
E W's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to E W's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand E W's financial leverage. It provides some insight into what part of E W's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on E W's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how E W deploys its capital and how much of that capital is borrowed.
Liquidity
E W cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 3.05 B in debt with debt to equity (D/E) ratio of 1.59, which is OK given its current industry classification. E W Scripps has a current ratio of 1.45, which is typical for the industry and considered as normal. Debt can assist E W until it has trouble settling it off, either with new capital or with free cash flow. So, E W's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like E W Scripps sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SSP to invest in growth at high rates of return. When we think about E W's use of debt, we should always consider it together with cash and equity.

Depreciation

162.86 Million
E W Scripps (SSP) is traded on NASDAQ Exchange in USA. It is located in Scripps Center, Cincinnati, OH, United States, 45202 and employs 5,200 people. E W is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 272.76 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate E W's market, we take the total number of its shares issued and multiply it by E W's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. E W Scripps runs under Media sector within Communication Services industry. The entity has 73.31 M outstanding shares of which 5.33 M shares are at this time shorted by investors with about 4.57 days to cover. E W Scripps has about 58.24 M in cash with 111.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.7.
Check E W Probability Of Bankruptcy
Ownership Allocation
E W holds a total of 73.31 Million outstanding shares. The majority of E W Scripps outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in E W Scripps to benefit from reduced commissions. Hence, institutional investors are subject to a different set of regulations than regular investors in E W. Please pay attention to any change in the institutional holdings of E W Scripps as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.
Check SSP Ownership Details

SSP Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of E W jumping above the current price in 90 days from now is about 82.1%. The E W Scripps probability density function shows the probability of E W stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.7196. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, E W will likely underperform. Additionally, e W Scripps has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 3.54HorizonTargetOdds Above 3.54
17.85%90 days
 3.54 
82.10%
Based on a normal probability distribution, the odds of E W to move above the current price in 90 days from now is about 82.1 (This E W Scripps probability density function shows the probability of SSP Stock to fall within a particular range of prices over 90 days) .

SSP Stock Institutional Holders

Institutional Holdings refers to the ownership stake in E W that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of E W's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing E W's value.
InstituionRecorded OnShares
Gabelli Funds Llc2023-12-31
1.1 M
Goldman Sachs Group Inc2023-12-31
M
New York State Common Retirement Fund2023-12-31
858.7 K
Lido Advisors, Llc2023-12-31
842.5 K
Amvescap Plc.2023-12-31
803.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
800 K
Northern Trust Corp2023-12-31
638.5 K
Minerva Advisors Llc2023-12-31
632.7 K
Citadel Advisors Llc2023-09-30
473.1 K
Blackrock Inc2023-12-31
10.7 M
Vanguard Group Inc2023-12-31
7.9 M
View E W Diagnostics

E W Historical Income Statement

E W Scripps Income Statement is one of the three primary financial statements used for reporting SSP's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of E W Scripps revenue and expense. E W Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, E W's Depreciation And Amortization is relatively stable compared to the past year. As of 04/18/2024, Interest Expense is likely to grow to about 224.2 M, while Other Operating Expenses is likely to drop slightly above 1.3 B. View More Fundamentals

SSP Stock Against Markets

Picking the right benchmark for E W stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in E W stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for E W is critical whether you are bullish or bearish towards E W Scripps at a given time. Please also check how E W's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in E W without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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E W Corporate Directors

E W corporate directors refer to members of an E W board of directors. The board of directors generally takes responsibility for the E W's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of E W's board members must vote for the resolution. The E W board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles BarmondeDirectorProfile
Kelly ConlinDirectorProfile
Lauren FineIndependent DirectorProfile
Peter ThompsonIndependent DirectorProfile

How to buy SSP Stock?

Before investing in E W, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in E W. To buy E W stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of E W. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase E W stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located E W Scripps stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased E W Scripps stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as E W Scripps, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy SSP Stock please use our How to Invest in E W guide.

Already Invested in E W Scripps?

The danger of trading E W Scripps is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of E W is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than E W. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile E W Scripps is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether E W Scripps is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SSP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about E W Scripps Stock. Highlighted below are key reports to facilitate an investment decision about E W Scripps Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in E W Scripps. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running E W's price analysis, check to measure E W's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy E W is operating at the current time. Most of E W's value examination focuses on studying past and present price action to predict the probability of E W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E W's price. Additionally, you may evaluate how the addition of E W to your portfolios can decrease your overall portfolio volatility.
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Is E W's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of E W. If investors know SSP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about E W listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.913
Earnings Share
(11.84)
Revenue Per Share
27.21
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0254
The market value of E W Scripps is measured differently than its book value, which is the value of SSP that is recorded on the company's balance sheet. Investors also form their own opinion of E W's value that differs from its market value or its book value, called intrinsic value, which is E W's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because E W's market value can be influenced by many factors that don't directly affect E W's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between E W's value and its price as these two are different measures arrived at by different means. Investors typically determine if E W is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E W's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.