Home Sectors Consumer Cyclical Buy or Sell: E.W. Scripps Company (NASDAQ: SSP)

Buy or Sell: E.W. Scripps Company (NASDAQ: SSP)

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E.W. Scripps Company is in the entertainment industry and consumer cyclical sector. The company CEO is Adam P. Symson. The E W Scripps Co is a media company engaged in television and radio broadcasting. Its operates more than 30 television and radio stations and distributes its content on broadcast, Internet, smartphones and tablets.

Previous Intraday Trading Performance:

The SSP stock showed a previous change of -0.28% with an open at 17.80 and a close of 17.72. It reached an intraday high of 18.00 and a low of 17.61.

PR Newswire:  Scripps renews affiliation agreement with NBC

Liquidity:

The stock has a market cap of $1.4b with 80.7m shares outstanding, of which the float is 78.6m shares. Trading volume reached 431,650 shares compared to its average volume of 457,466 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, E.W. Scripps Company shares returned 9.32% and in the past 30 trading days it returned 4.48%. Over three months, it changed 5.72%. In one year it has changed 17.42% and within that year its 52-week high was 18.44 and its 52-week low was 10.69. SSP stock is 65.76% above its 52 Week Low.

Our calculations show a 200 day moving average of 14.43 and a 50 day moving average of 16.75. Currently SSP stock is trading 22.79% above its 200 day moving average.

PR Newswire:  Scripps renews affiliation agreement with NBC

Earnings:

The last annual fiscal EPS for the company was reported at -0.16 that ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.60. The TTM EPS is 0.40, which comes to a TTM PE of 44.30.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.24
06-30-2018:  0.12
03-31-2018:  -0.10
12-31-2017:  0.14

The dividend per share is currently 0.20, which is a dividend yield of 1.13%. Also, the payout ratio is 50.00%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 60.77, which means it is possibly undervalued and has a margin of safety of 70.84%

Indicators to Watch:

Based on the latest filings, there is 112.10% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.62

SeekingAlpha:  NeoGenomics +8.4% on move to SmallCap 600

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 0.59%, return on assets is 0.29%, profit margin is -0.28%, price-to-sales is 1.80 and price-to-book is 1.49.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 4  :Past Performance Score
 1  :Financial Strength Score
 4  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.