EW Scripps (SSP) Sets New 1-Year High and Low at $10.70

Marco Green
May 4, 2018

The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.09. Tealwood Asset Management Inc who had been investing in Scripps E W Co Ohio for a number of months, seems to be less bullish one the $887.67M market cap company. About 290,906 shares traded. BNP Paribas Arbitrage SA raised its position in shares of E. W. Scripps by 60.7% in the third quarter. SSP underperformed the S&P500 by 58.07%. Geode Capital Management LLC now owns 474,773 shares of the company's stock valued at $7,420,000 after buying an additional 3,487 shares during the period. The company had revenue of $257.00 million for the quarter, compared to the consensus estimate of $265.68 million. The company has market cap of $879.50 million. The stock increased 0.59% or $0.3 during the last trading session, reaching $51.3. About 761,884 shares traded or 65.81% up from the average. It has outperformed by 3.74% the S&P500. 16 investors sold all, 39 reduced holdings as The E.W. Scripps Company ratio is positive.

According to Zacks, analysts expect that E. W. Scripps will report full year earnings of $0.68 per share for the current fiscal year, with EPS estimates ranging from $0.57 to $0.81. Ameritas Investment Prtn stated it has 0% in The E.W. Scripps Company (NYSE:SSP). Zacks Investment Research raised shares of E. W. Scripps from a "hold" rating to a "buy" rating and set a $18.00 price objective on the stock in a research report on Saturday, January 20th. Therefore 50% are positive. Noble Financial reiterated a "buy" rating on shares of E. W. Scripps in a research report on Monday, January 22nd. The rating was maintained by Noble Financial with "Buy" on Monday, November 6.

NYSE SSP opened at $11.63 on Friday. Finally, Guggenheim reiterated a "hold" rating and issued a $18.00 target price on shares of E. W. Scripps in a research report on Friday, January 26th. On Thursday, July 6 the stock rating was maintained by Noble Financial with "Buy". The company was maintained on Wednesday, August 2 by Noble Financial. The firm has "Buy" rating given on Friday, August 4 by Benchmark. Principal Fincl Grp Incorporated stated it has 0.01% in The E.W. Scripps Company (NYSE:SSP).

Investors sentiment increased to 1.13 in Q4 2017. It has change of 0.23, from 2017Q3's 0.9.

Hedge funds have recently bought and sold shares of the business.

The E.W. Scripps Company is a media enterprise with interests in television and radio broadcasting, as well as local and national digital media brands. The E.W. Scripps Company (NYSE:SSP) has declined 46.52% since May 3, 2017 and is downtrending. Quantbot Technologies LP accumulated 0% or 3,090 shares. 92,900 were reported by Arizona State Retirement. Stone Ridge Asset Mgmt Ltd Liability Co, a New York-based fund reported 11,535 shares. Moreover, Price T Rowe Assocs Md has 0% invested in The E.W. Scripps Company (NYSE:SSP). Minerva Advisors Llc owns 608,907 shares or 5.03% of their USA portfolio. Comerica Bank accumulated 57,130 shares.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $57,062 activity. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The firm earned "Hold" rating on Tuesday, April 24 by Keefe Bruyette & Woods. The company was maintained on Tuesday, January 23 by Keefe Bruyette & Woods. The firm has "Hold" rating by Keefe Bruyette & Woods given on Thursday, June 1. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with "Hold". Ativo Mgmt Limited Liability reported 20,006 shares. Cove Street Capital LLC now owns 3,136,990 shares of the company's stock valued at $49,031,000 after purchasing an additional 715,090 shares in the last quarter. Gabelli Comm Investment Advisers invested in 15,500 shs or 0.03% of the stock. Thrivent For Lutherans owns 34,422 shares or 0% of their United States portfolio. Caprock holds 0.25% or 80,129 shs. Us National Bank & Trust De invested in 144,660 shares or 0.01% of the stock. Metropolitan Life Insur Com Ny has 7,392 shares for 0% of their portfolio.

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