The E.W. Scripps Company (SSP)
NASDAQ: SSP · IEX Real-Time Price · USD
3.010
-0.120 (-3.83%)
Jul 2, 2024, 4:00 PM EDT - Market closed
The E.W. Scripps Company Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for SSP stock have an average target of 9.50, with a low estimate of 4.50 and a high estimate of 14. The average target predicts an increase of 215.61% from the current stock price of 3.01.
Analyst Consensus: Buy
* Price targets were last updated on May 13, 2024.
Analyst Ratings
The average analyst rating for SSP stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $14 | Strong Buy | Reiterates | $14 | +365.12% | May 13, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $6 → $4.5 | Hold | Maintains | $6 → $4.5 | +49.50% | May 13, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +99.34% | Feb 26, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $9 → $7 | Hold | Maintains | $9 → $7 | +132.56% | Feb 9, 2024 |
| Guggenheim | Guggenheim | Hold Maintains $8 → $10 | Hold | Maintains | $8 → $10 | +232.23% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
2.52B
from 2.29B
Increased by 10.08%
Revenue Next Year
2.37B
from 2.52B
Decreased by -6.14%
EPS This Year
1.12
from -11.84
EPS Next Year
-0.31
from 1.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.6B | 2.5B | 2.9B | 2.9B |
| Avg | 2.5B | 2.4B | 2.7B | 2.8B |
| Low | 2.4B | 2.2B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.4% | 0.8% | 23.1% | 7.6% |
| Avg | 10.1% | -6.1% | 13.7% | 3.6% |
| Low | 6.2% | -11.6% | 5.7% | 0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.54 | 0.47 | 2.24 |
| Avg | 1.12 | -0.31 | 2.15 |
| Low | 0.83 | -0.85 | 2.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -57.9% | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.