The leading market experts have placed a mean price target of $21.60 on E.W. Scripps Company (The) (NYSE:SSP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.32 a share for the upcoming quarter and $1.21 for the current fiscal. Technical View The technical analysis of E.W. Scripps Company (The) Comm plainly substantiates that the 50-day moving average of E.W. Scripps Company (The) Comm is $16.69, and stock is hovering 0.97 or +5.81% distant from $16.69. It is noted that the 200-day MA is $16.79, and E.W. Scripps Company (The) Comm stock is $0.87 or +5.18% off from this point. E.W. Scripps Company (The) (NYSE:SSP) 52-week high is $23.24 and the 52-week low is $14.52. This explains if the stock moves $-5.58, it will post a 52-week high. In event of $+21.63% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of E.W. Scripps Company (The) Comm, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, E.W. Scripps Company (The) (NYSE:SSP) ratio came in at N/A. The stock last ended the trading session at $17.66 and registered a market cap of $1.48B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. E.W. Scripps Company (The) (NYSE:SSP) PEG ratio is at 1.44.
1 Chart Pattern Every Investor Should Know