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SSP Stock 12 Month Forecast
Average Price Target
$7.00
▲(59.45% Upside)
Based on 3 Wall Street analysts offering 12 month price targets for E. W. Scripps Company Class A in the last 3 months. The average price target is $7.00 with a high forecast of $10.00 and a low forecast of $3.00. The average price target represents a 59.45% change from the last price of $4.39.
Noble Financial Reaffirms Their Buy Rating on E. W. Scripps Company Class A (SSP)We believe that negotiations to merge with Sinclair broke down, but Sinclair decided to take another tack. It announced that it took a 8.2% stake in the company in a bold attempt to make public its intent and possibly to dissuade another potential suitor. The move is surprising given that E.W. Scripps is controlled by the Scripps Family Trust, which has voting control of the company (93%) and the Scripps family trust cannot simply vote its shares entirely independently of the family agreement. What was the sticking point? We believe that the Scripps family recognizes the limitations that the company has with its current leveraged balance sheet and limited acquisition targets. In our view, the Scripps family has turned down overtures in the past because of the unwillingness to give up either control or a significant voice at the table.
Noble Financial Reaffirms Their Buy Rating on E. W. Scripps Company Class A (SSP)We believe that negotiations to merge with Sinclair broke down, but Sinclair decided to take another tack. It announced that it took a 8.2% stake in the company in a bold attempt to make public its intent and possibly to dissuade another potential suitor. The move is surprising given that E.W. Scripps is controlled by the Scripps Family Trust, which has voting control of the company (93%) and the Scripps family trust cannot simply vote its shares entirely independently of the family agreement. What was the sticking point? We believe that the Scripps family recognizes the limitations that the company has with its current leveraged balance sheet and limited acquisition targets. In our view, the Scripps family has turned down overtures in the past because of the unwillingness to give up either control or a significant voice at the table.
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SSP Analyst Recommendation Trends
Rating
Jul 25
Aug 25
Sep 25
Oct 25
Nov 25
Strong Buy
4
2
2
1
3
Buy
7
6
4
0
0
Hold
8
10
13
14
13
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
19
18
19
15
16
In the current month, SSP has received 3Buy Ratings, 13Hold Ratings, and 0Sell Ratings. SSP average Analyst price target in the past 3 months is 7.00.
Each month's total comprises the sum of three months' worth of ratings.
SSP Financial Forecast
SSP Earnings Forecast
Next quarter’s earnings estimate for SSP is -$0.36 with a range of -$0.40 to -$0.25. The previous quarter’s EPS was -$0.30. SSP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.62% of the time in the same period. In the last calendar year SSP has Performed in-line its overall industry.
Next quarter’s earnings estimate for SSP is -$0.36 with a range of -$0.40 to -$0.25. The previous quarter’s EPS was -$0.30. SSP beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.62% of the time in the same period. In the last calendar year SSP has Performed in-line its overall industry.
SSP Sales Forecast
Next quarter’s sales forecast for SSP is $550.82M with a range of $545.00M to $559.20M. The previous quarter’s sales results were $525.85M. SSP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.42% of the time in the same period. In the last calendar year SSP has Performed in-line its overall industry.
Next quarter’s sales forecast for SSP is $550.82M with a range of $545.00M to $559.20M. The previous quarter’s sales results were $525.85M. SSP beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.42% of the time in the same period. In the last calendar year SSP has Performed in-line its overall industry.
SSP Stock Forecast FAQ
What is SSP’s average 12-month price target, according to analysts?
Based on analyst ratings, E. W. Scripps Company Class A’s 12-month average price target is 7.00.
What is SSP’s upside potential, based on the analysts’ average price target?
E. W. Scripps Company Class A has 59.45% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is SSP a Buy, Sell or Hold?
E. W. Scripps Company Class A has a consensus rating of Moderate Buy which is based on 2 buy ratings, 1 hold ratings and 0 sell ratings.
What is E. W. Scripps Company Class A’s price target?
The average price target for E. W. Scripps Company Class A is 7.00. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $10.00 ,the lowest forecast is $3.00. The average price target represents 59.45% Increase from the current price of $4.39.
What do analysts say about E. W. Scripps Company Class A?
E. W. Scripps Company Class A’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.
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