E.W. Scripps Company (The) (SSP) Receiving Somewhat Favorable Media Coverage, Study Finds
Headlines about E.W. Scripps Company (The) (NYSE:SSP) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. E.W. Scripps Company (The) earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.6887176869973 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
- E.W. Scripps Company (The) (SSP) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- Head to Head Contrast: E.W. Scripps Company (The) (SSP) and Entravision Communications Corporation (EVC) (americanbankingnews.com)
- Pickler & Ben coming to ABC15 weekdays at 2 p.m. starting September 18 (abc15.com)
- E W Scripps : “Pickler & Ben” premieres on Sept. 18 to national daytime audience (4-traders.com)
- E.W. Scripps Company announces leadership changes (wptv.com)
Shares of E.W. Scripps Company (NYSE SSP) traded up 1.28% during midday trading on Wednesday, reaching $18.24. 243,124 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $18.61 and its 200 day moving average price is $19.99. The stock has a market capitalization of $1.50 billion, a P/E ratio of 26.63 and a beta of 2.01. E.W. Scripps Company has a 1-year low of $12.16 and a 1-year high of $24.15.
E.W. Scripps Company (The) (NYSE:SSP) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. The business had revenue of $231.82 million during the quarter, compared to analyst estimates of $232.04 million. E.W. Scripps Company (The) had a net margin of 6.05% and a return on equity of 5.90%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 earnings per share. On average, equities analysts predict that E.W. Scripps Company will post $0.14 earnings per share for the current fiscal year.
Several equities research analysts have weighed in on the stock. Zacks Investment Research downgraded shares of E.W. Scripps Company (The) from a “hold” rating to a “sell” rating in a research note on Friday, May 5th. BidaskClub upgraded shares of E.W. Scripps Company (The) from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Noble Financial restated a “buy” rating on shares of E.W. Scripps Company (The) in a research note on Wednesday, August 2nd. Jefferies Group LLC restated a “hold” rating and issued a $20.00 target price on shares of E.W. Scripps Company (The) in a research note on Friday, July 14th. Finally, Benchmark Co. restated a “buy” rating and issued a $26.00 target price on shares of E.W. Scripps Company (The) in a research note on Thursday, July 13th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $22.00.
COPYRIGHT VIOLATION WARNING: “E.W. Scripps Company (The) (SSP) Receiving Somewhat Favorable Media Coverage, Study Finds” was first published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2017/08/30/e-w-scripps-company-the-ssp-receiving-somewhat-favorable-media-coverage-study-finds.html.
E.W. Scripps Company (The) Company Profile
The E. W. Scripps Company is a media enterprise with interests in television and radio broadcasting, as well as local and national digital media brands. The Company’s segments include television, radio, digital, and syndication and other. As of December 31, 2016, the Television segment included approximately 15 American Broadcasting Company (ABC) affiliates, five National Broadcasting Company (NBC) affiliates, two FOX affiliates, two Columbia Broadcasting System (CBS) affiliates and four non big-four affiliated stations.
Receive News & Stock Ratings for E.W. Scripps Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for E.W. Scripps Company (The) and related stocks with our FREE daily email newsletter.