The Scripps (E.W.) Co (NASDAQ: SSP) stock closed at $6.10 on 11/2/23 after a major increase of 18.7%. The stock has risen 5.5% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SSP is expected to continue to be a modest Value Builder.
Scripps (E.W.) has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Scripps (E.W.) has a very high Appreciation Score of 97 but a very low Power Rating of 11, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment