EW Scripps Stock Story


USD 14.78  0.35  2.43%   

It looks like Travelers Companies will be up for a correction faster as its share price went up 0.63% today to EW Scripps's 2.71%As many rational traders are trying to avoid communication services space, it makes sense to recap EW Scripps a little further and understand how it stands against Travelers Companies and other similar entities. We are going to focus on some of the competitive aspects of both EW Scripps and Travelers.
Published 3 days ago
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Will EW Scripps (NASDAQ:SSP) insiders shift to Travelers (NYSE:TRV)?

By analyzing existing basic indicators between EW Scripps and Travelers, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Travelers with a short position in EW Scripps. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
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 137.43 percent. This suggests that the company is making $1.37 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.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as EW Scripps or AMC Entertainment is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

Understending EW Scripps 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 $0.03 per share.
As of 8th of August 2022, 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 2022
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.

How important is EW Scripps's Liquidity

EW Scripps financial leverage refers to using borrowed capital as a funding source to finance EW Scripps ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. EW Scripps financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between EW Scripps's total debt and its cash.

Correlation Between EW Scripps and AMC Entertainment

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding EW Scripps together with similar or unrelated positions with a negative correlation. For example, you can also add AMC Entertainment to your portfolio. If AMC Entertainment is not perfectly correlated to EW Scripps it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When EW Scripps for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between SSP and AMC for more information.

Another Deeper Perspective

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Lets now check EW Scripps revenue. Based on the latest financial disclosure, EW Scripps reported 2.31 B of revenue. This is 84.29% lower than that of the Communication Services sector and significantly higher than that of the Broadcasting industry. The revenue for all United States stocks is 75.52% higher than that of EW Scripps. As for Travelers Companies we see revenue of 35.31 B, which is much higher than that of the Broadcasting

35.3 B
SSP2.31 Billion6.14
TRV35.31 Billion93.86

Will EW Scripps price decline impact its balance sheet?

Recent coefficient of variation indicator falls down to -1670.66. Possible price boost? EW Scripps exhibits very low volatility with skewness of -0.82 and kurtosis of 1.56. However, we advise investors to further study EW Scripps technical indicators to make sure all market info is available and is reliable. 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.

EW Scripps Implied Volatility

EW Scripps' implied volatility exposes the market's sentiment of EW Scripps stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if EW Scripps' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that EW Scripps stock will not fluctuate a lot when EW Scripps' options are near their expiration.

Our Final Take On EW Scripps

When is the right time to buy or sell EW Scripps? Buying stocks such as EW Scripps isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
To conclude, as of the 5th of August 2022, our concluding 90 days buy-sell recommendation on the firm is Cautious Hold. We believe EW Scripps is undervalued with close to average probability of bankruptcy for the next two years.

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 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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