EW Scripps Story

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SSP -- USA Stock  

USD 21.40  0.32  1.52%

EW Scripps Tangible Asset Value is very stable at the moment as compared to the past year. EW Scripps reported last year Tangible Asset Value of 740.25 Million. As of 26th of February 2021, Interest Coverage is likely to grow to 0.94, while Earnings Before Interest Taxes and Depreciation Amortization EBITDA are likely to drop about 105.5 M. If you have been following EW Scripps you may be considering obtaining. Let's check if healthy fundamental indicators will continue to push the price to roll up for EW Scripps' insiders. The entity current chance of bankruptcy is under 32 percent. Will insiders continue to be optimistic, or should we expect a sell-off?
Published over a month ago
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Does EW Scripps (NASDAQ:SSP) have healthy fundamental indicators based on the recent roll up?
On a scale of 0 to 100, EW Scripps holds a performance score of 17. The firm owns a Beta (Systematic Risk) of 0.2839, which means not very significant fluctuations relative to the market. Let's try to break down what EW Scripps's beta means in this case. As returns on the market increase, EW Scripps returns are expected to increase less than the market. However, during the bear market, the loss on holding EW Scripps will be expected to be smaller as well. Although it is vital to follow EW Scripps existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The way in which we are predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for EW Scripps, which you can use to evaluate the performance of the firm. Please utilizes EW Scripps value at risk, and the relationship between the information ratio and kurtosis to make a quick decision on whether EW Scripps current price history will revert.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include EW Scripps income statement, its balance sheet, and the statement of cash flows. Potential EW Scripps investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although EW Scripps investors may use each financial statement separately, they are all related. The changes in EW Scripps's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on EW Scripps's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of EW Scripps fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of EW Scripps performance into the future periods or doing a reasonable stock valuation. The intrinsic value of EW Scripps shares is the value that is considered the true value of the share. If the intrinsic value EW Scripps is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares EW Scripps.
Please read more on our fundamental analysis page.

What is EW Scripps Asset Breakdown?

EW Scripps reports assets on its Balance Sheet. It represents the amount of EW Scripps resources that either has an existing economic value or will provide some form of benefits in the future. To get a better handle on how balance sheet or income statements item affect EW Scripps volatility, please check the breakdown of all its fundamentals

Are EW Scripps Earnings Expected to grow?

The future earnings power of EW Scripps involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of EW Scripps factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. EW Scripps stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of EW Scripps expected earnings.

And What about dividends?

A dividend is the distribution of a portion of EW Scripps earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. EW Scripps dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. EW Scripps one year expected dividend income is about $0.08 per share.
As of 16th of April 2021, Dividends per Basic Common Share is likely to grow to 2.91, while Payment of Dividends and Other Cash Distributions is likely to drop (57.8 M).
Last ReportedProjected for 2021
Payment of Dividends and Other Cash Distributions-53.6 M-57.8 M
Dividend Yield 0.15  0.15 
Dividends per Basic Common Share 2.84  2.91 
Investing in stocks that pay dividends, such as stock of EW Scripps, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in EW Scripps must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for EW Scripps. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

EW Scripps Gross Profit

EW Scripps Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing EW Scripps 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 EW Scripps Gross Profit growth over the last 10 years.
Please check Gross Profit in more details.

Another Deeper Perspective

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of EW Scripps is not uncomon. Institutional investors typically avoid acquiring a high percentage of EW Scripps stocks because performing such an act may violate securities laws. They are usually not investing their own money, but rather making investments on behalf of their clients. Let's take a look at how the ownership of EW Scripps is distributed among investors.

Ownership Allocation

EW Scripps secures a total of sixty-nine million six hundred seventy thousand outstanding shares. The majority of EW Scripps outstanding shares are owned by institutions. These other corporate entities are usually referred to as non-private investors looking to obtain positions in EW Scripps to benefit from reduced commissions. Hence, outside corporations are subject to a different set of regulations than regular investors in EW Scripps. Please pay attention to any change in the institutional holdings of EW Scripps as this could imply that something significant has changed or about to change at the company. Also note that roughly nine million fifty-seven thousand one hundred invesors are currently shorting EW Scripps expressing very little confidence in its future performance.


Insiders
28.42%
Institutions
84.29%
Retail Investors-12.71
Insiders28.42
Institutions84.29

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. EW Scripps has an asset utilization ratio of 104.71 percent. This suggests that the company is making $1.05 for each dollar of assets. An increasing asset utilization means that EW Scripps is more efficient with each dollar of assets it utilizes for everyday operations.


Assets Non Current
1.8 B
Goodwill
1.2 B
Current Assets447.16 Million13.12
Assets Non Current1.8 Billion52.69
Goodwill1.15 Billion33.86
Tax Assets11.31 Million0.33

Our take on today EW Scripps roll up

The semi deviation is down to 2.16 as of today. EW Scripps currently demonstrates below-average downside deviation. It has Information Ratio of 0.19 and Jensen Alpha of 0.59. However, we advise investors to further question EW Scripps expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure EW Scripps' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact EW Scripps' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Although other companies under the broadcasting industry are still a bit expensive, EW Scripps may offer a potential longer-term growth to insiders. To conclude, as of the 26th of February 2021, we see that EW Scripps slowly supersedes the market. The firm is fairly valued with below average probability of financial unrest within the next 24 months. Our primary 30 days recommendation on the firm is Strong Buy.

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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