Will E W Scripps continue to grow in December?

The predictive indicators we use to evaluate E W help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of E W Scripps. We apply different methods to arrive at the intrinsic value of E W based on widely used predictive technical indicators. Let's try to recap what's happening with E W amid unprecedented political, and economic uncertainty.
Published over a year ago
View all stories for E W | View All Stories
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.

Reviewed by Michael Smolkin

The entity's average rating is Buy from 5 analysts. We provide trade advice to complement the prevailing expert consensus on E W Scripps. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at this moment. The company has Net Profit Margin of (2.82) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 11.25 %, which entails that for every 100 dollars of revenue, it generated 0.11 of operating income.
The successful prediction of E W stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as E W Scripps, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of E W based on E W hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to E W's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to E W's related companies.

Use Technical Analysis to project SSP expected Price

E W technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of E W technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of E W trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

E W Gross Profit

E W Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing E W previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show E W Gross Profit growth over the last 10 years. Please check E W's gross profit and other fundamental indicators for more details.

Another Deeper Perspective

E W Scripps price decline over the last few months created some momentum for insiders as it was traded today as low as 9.39 and as high as 10.02 per share. The company directors and management were not very successful in positioning the entity resources to exploit market volatility in October. However, diversifying your holdings with E W Scripps or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.99. The current volatility is consistent with the ongoing market swings in October 2020 as well as with E W unsystematic, company-specific events.

Deferred Revenue Breakdown

E W Deferred Revenue yearly trend continues to be very stable with very little volatility. Deferred Revenue is likely to grow to about 8.4 M this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. E W Deferred Revenue is very stable at the moment as compared to the past year. E W reported last year Deferred Revenue of 8.19 Million
2011
2012
2013
2014
2015
2016
2019
2020
201126.37 Million
201226.24 Million
201328.63 Million
20148.81 Million
20158.51 Million
20167.12 Million
20198.19 Million
20208.41 Million

E W technical analysis suggests possible recoup

The total risk alpha is down to -0.36 as of today. E W Scripps exhibits very low volatility with skewness of -0.09 and kurtosis of 1.38. However, we advise investors to further study E W Scripps technical indicators to make sure all market info is available and is reliable.

Our Final Takeaway

Although many other companies in the broadcasting industry are either recovering or due for a correction, E W may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current E W valuation and our trade advice on E W is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to E W.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of E W Scripps. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com