EW Scripps Story

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SSP -- USA Stock  

USD 21.78  0.38  1.78%

Let's try to recap what's happening with EW Scripps amid unprecedented political, and economic uncertainty. On the 26th of February the company is traded for 18.35. EW Scripps has historical hype elasticity of 0.01. The average price elasticity to hype of competition is about 0.12. The entity is projected to increase in value after the next press release, with the price going to jump to 18.36. The recent volatility of headline impact on EW Scripps stock price is is way over 100 percent making price predictions on social media along less reliable. The price boost on the next news is estimated to be 0.05%, whereas the daily expected return is at this time at 0.64%. Considering the 30-day investment horizon the next projected announcement will be in about 10 days.
Published over a month ago
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Should I exit my EW Scripps (NASDAQ:SSP) holdings?
EW Scripps's average rating is Buy from 5 analysts.
Our trade recommendation tool can cross-verify current analyst consensus on EW Scripps and to analyze the company potential to grow this quarter and beyond.
The successful prediction of EW Scripps 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 EW 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 EW Scripps based on EW Scripps hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to EW Scripps's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to EW Scripps's related companies.

Use Technical Analysis to project EW Scripps expected Price

EW Scripps 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 EW Scripps technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EW Scripps 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...

How EW Scripps utilizes its cash?

To perform a cash flow analysis of EW Scripps, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash EW Scripps is receiving and how much cash it distributes out in a given period. The EW Scripps cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
EW Scripps Net Cash Flow from Operations is very stable at the moment as compared to the past year. EW Scripps reported last year Net Cash Flow from Operations of 277.39 Million

Another Deeper Perspective

The entity reported the last year's revenue of 1.76 B. Total Income to common stockholders was 34.99 M with profit before taxes, overhead, and interest of 466.61 M.
 2020 2021 (projected)
Receivables398.9 M430.39 M
Inventories7.11 M7.66 M

Deferred Revenue Breakdown

EW Scripps 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. EW Scripps Deferred Revenue is very stable at the moment as compared to the past year. EW Scripps reported last year Deferred Revenue of 8.19 Million
2011
2012
2013
2014
2015
2016
2020
2021
201126.37 Million
201226.24 Million
201328.63 Million
20148.81 Million
20158.51 Million
20167.12 Million
20208.19 Million
20218.41 Million

EW Scripps bad newscasts are not so bad

The semi variance is down to 3.51 as of today.
As of the 26th of February, EW Scripps owns the Downside Deviation of 2.43, standard deviation of 2.71, and Market Risk Adjusted Performance of 0.4874. In connection with fundamental indicators, the technical analysis model provides you with a way to check timely technical drivers of EW Scripps, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for EW Scripps, which can be compared to its peers in the sector. Please confirm EW Scripps standard deviation, as well as the relationship between the value at risk and kurtosis to decide if EW Scripps is priced fairly, providing market reflects its prevailing price of 18.35 per share. Given that EW Scripps has jensen alpha of 0.5106, we urge you to verify EW Scripps's latest market performance to make sure the company can sustain itself sooner or later.

Although some firms under the broadcasting industry are still a bit expensive, EW Scripps may offer a potential longer-term growth to insiders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to exit some or all of your EW Scripps holdings as it seems the potential growth was already fully factored into the current price. 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 EW Scripps.

About Contributor

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 Raphi Shpitalnik do not own shares of EW Scripps. Please refer to our Terms of Use for any information regarding our disclosure principles.

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