E. W. Scripps (SSP) Receiving Somewhat Favorable Press Coverage, Accern Reports

Headlines about E. W. Scripps (NYSE:SSP) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. E. W. Scripps earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.8546946233855 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news articles that may have effected Accern’s rankings:

SSP has been the subject of a number of research analyst reports. Zacks Investment Research upgraded E. W. Scripps from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Saturday, January 20th. Benchmark reiterated a “buy” rating and set a $21.00 price objective on shares of E. W. Scripps in a research report on Friday, January 26th. Noble Financial reiterated a “buy” rating on shares of E. W. Scripps in a research report on Friday, April 6th. ValuEngine downgraded E. W. Scripps from a “sell” rating to a “strong sell” rating in a research report on Monday, April 2nd. Finally, Guggenheim reiterated a “hold” rating and set a $18.00 price objective on shares of E. W. Scripps in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $18.00.

SSP opened at $12.87 on Wednesday. The firm has a market capitalization of $1.03 billion, a PE ratio of -32.62, a price-to-earnings-growth ratio of 3.27 and a beta of 1.99. E. W. Scripps has a 12-month low of $12.72 and a 12-month high of $12.88. The company has a quick ratio of 2.89, a current ratio of 2.89 and a debt-to-equity ratio of 0.76.

E. W. Scripps (NYSE:SSP) last released its earnings results on Monday, May 7th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.02). The business had revenue of $254.20 million during the quarter, compared to analysts’ expectations of $252.60 million. E. W. Scripps had a negative net margin of 3.93% and a positive return on equity of 0.89%. E. W. Scripps’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.02) EPS. sell-side analysts anticipate that E. W. Scripps will post 0.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 25th. Stockholders of record on Friday, June 15th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.55%. E. W. Scripps’s payout ratio is currently -51.28%.

E. W. Scripps Company Profile

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.

Insider Buying and Selling by Quarter for E. W. Scripps (NYSE:SSP)

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