The leading market experts have placed a mean price target of $21.40 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 $0.62 a share for the upcoming quarter and $1.12 for the current fiscal.
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 $16.85, and stock is trading $0.77 points away or +4.56% from its 50-day moving average of $16.85. Further it is trading $1.09 or +6.59% away its 200-day moving average of $16.53. E.W. Scripps Company (The) (NYSE:SSP) 52-week high is $22.91 and the 52-week low is $14.52.
This explains if the stock moves $-5.29, it will post a 52-week high. In event of +21.35% 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 $17.62 and registered a market cap of $1.47B. 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 1.55.
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