Home Sectors Consumer Cyclical Present Valuation: E.W. Scripps Company (NASDAQ: SSP)

Present Valuation: E.W. Scripps Company (NASDAQ: SSP)

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E.W. Scripps Company trades as part of 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 -1.76% with an open at 16.27 and a close of 16.23. It reached an intraday high of 16.47 and a low of 16.01.

PR Newswire:  Scripps grows team focused on diversity initiatives with hire of former Kroger leader

Liquidity:

The stock has a market cap of $1.3b with 80.8m shares outstanding, of which the float is 78.6m shares. Trading volume reached 432,942 shares compared to its average volume of 459,139 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 -7.31% and in the past 30 trading days it returned -29.10%. Over three months, it changed -15.77%. In one year it has changed 29.13% and within that year its 52-week high was 23.41 and its 52-week low was 12.16. SSP stock is 33.47% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.13 and a 50 day moving average of 21.41. Currently SSP stock is trading -10.47% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Record Number Of Spellers, New Trophy And Largest Cash Prize Ever For 2019 Scripps National Spelling Bee

Earnings:

The last annual fiscal EPS for the company was reported at 0.22 that ended on 31st of December 2018, which according to the previous close, that is a PE of 73.77. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.18. The TTM EPS is 0.84, which comes to a TTM PE of 19.32.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/10/2019): -0.08
4thQtr of 2018 (Reported on 03/01/2019): 0.27
3rdQtr of 2018 (Reported on 11/09/2018): 0.23
2ndQtr of 2018 (Reported on 08/03/2018): 0.06
1stQtr of 2018 (Reported on 05/07/2018): -0.33

The dividend per share is currently 0.20, which is a dividend yield of 1.23%. Also, the payout ratio is 23.81%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 9.56, which means it may be overvalued by -69.73%

Indicators to Watch:

The current calculated beta is 1.82

Business Wire:  G.research’s 11th Annual Entertainment & Broadcasting Conference

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 4.60%, return on assets is 1.97%, profit margin is 3.34%, price-to-sales is 1.13 and price-to-book is 1.45.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 4  :Future Growth Score
 1  :Dividend Score
 2  :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.