During the last session, E.W. Scripps Co. (NASDAQ:SSP)’s traded shares were 0.38 million, with the beta value of the company hitting 1.92. At the end of the trading day, the stock’s price was $3.70, reflecting an intraday gain of 0.27% or $0.01. The 52-week high for the SSP share is $11.02, that puts it down -197.84 from that peak though still a striking 20.81% gain since the share price plummeted to a 52-week low of $2.93. The company’s market capitalization is $313.09M, and the average trade volume was 1.12 million shares over the past three months.
E.W. Scripps Co. (NASDAQ:SSP) trade information
E.W. Scripps Co. (SSP) registered a 0.27% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.27% in intraday trading to $3.70, hitting a weekly high. The stock’s 5-day price performance is 3.06%, and it has moved by -6.57% in 30 days. Based on these gigs, the overall price performance for the year is -55.95%.
E.W. Scripps Co. (SSP) estimates and forecasts
Statistics show that E.W. Scripps Co. has outperformed its competitors in share price, compared to the industry in which it operates. E.W. Scripps Co. (SSP) shares have gone down -35.99% during the last six months, with a year-to-date growth rate more than the industry average at 106.25% against 29.40. In the rating firms’ projections, revenue will increase 9.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 566.43M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 585.93M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 527.78M and 582.84M respectively. In this case, analysts expect current quarter sales to grow by 7.30% and then jump by 0.50% in the coming quarter.
While earnings are projected to return 537.98% in 2024, the next five years will return 10.00% per annum.
SSP Dividends
E.W. Scripps Co. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
