The E.W. Scripps Company (SSP)
NASDAQ: SSP · IEX Real-Time Price · USD
3.200
-0.035 (-1.08%)
At close: Apr 12, 2024, 4:00 PM
3.050
-0.150 (-4.69%)
After-hours: Apr 12, 2024, 7:30 PM EDT

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 11.33, with a low estimate of 7.00 and a high estimate of 17. The average target predicts an increase of 254.06% from the current stock price of 3.20.

Analyst Consensus: Buy
Target Low Average Median High
Price $7.00 $11.33 $10 $17
Change +118.75% +254.06% +212.50% +431.25%
* Price targets were last updated on Feb 9, 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$9$7
Hold Maintains $9$7 +118.75% Feb 9, 2024
Guggenheim
Guggenheim
Hold
Maintains
$8$10
Hold Maintains $8$10 +212.50% Aug 8, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +431.25% Aug 7, 2023
Benchmark
Benchmark
Strong Buy
Reiterates
$17
Strong Buy Reiterates $17 +431.25% Feb 27, 2023
Wells Fargo
Wells Fargo
Hold
Downgrades
$20$11
Hold Downgrades $20$11 +243.75% Nov 9, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
2.53B
from 2.29B
Increased by 10.17%
Revenue Next Year
2.39B
from 2.53B
Decreased by -5.54%
EPS This Year
1.03
from -11.84
EPS Next Year
0.01
from 1.03
Decreased by -99.01%
Year 201920202021202220232024202520262027
Revenue
1.35B1.86B2.28B2.45B2.29B2.53B2.39B2.26B2.92B
Revenue Growth
16.77%37.45%22.94%7.43%-6.53%10.17%-5.54%-5.11%28.84%
EPS
-0.233.210.811.62-11.841.030.012.76-
EPS Growth
---74.77%100.00%---99.01%27,200.00%-
No. Analysts -----6532
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 2.6B 2.6B 3.0B 3.0B
Avg 2.5B 2.4B 2.3B 2.9B
Low 2.4B 2.2B 1.6B 2.8B

Revenue Growth

Revenue Growth 2024202520262027
High
15.3%
2.3%
25.8%
33.9%
Avg
10.2%
-5.5%
-5.1%
28.8%
Low
6.0%
-11.7%
-33.3%
25.0%

EPS Forecast

EPS 202420252026
High 1.42 0.28 2.87
Avg 1.03 0.01 2.76
Low 0.67 -0.25 2.68

EPS Growth

EPS Growth 202420252026
High -
-72.3%
28,281.2%
Avg -
-99.0%
27,200.0%
Low - -
26,389.1%
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.