E.W. Scripps (SSP)

• Market cap: $197M
• 1 day: 3.64%
• 5 days: -0.44%
• 1 month: 12.32%
• 3 months: -20.83%
• 6 months: -34.67%
• Year to date: -9.52%
• 1 year: -70.04%
• 5 years: -86.08%
• 10 years: -88.76%
• Sector: Communication Services
• Industry: Television Broadcasting Stations

About: The E W Scripps Co is a media enterprise with interests in local and national media brands. It owns and operates a collection of daily and community newspapers in medium-sized cities in the southern and western portions of the United States. The company's operating segment includes Local Media, Scripps Networks, and Other. It generates maximum revenue from the Local Media segment. The Local Media segment includes local broadcast stations and their related digital operations.

Employees: 5,200

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

17% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 41

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

6% less funds holding

Funds holding: 158 [Q2] → 149 (-9) [Q3]

6.24% less ownership

Funds ownership: 82.86% [Q2] → 76.62% (-6.24%) [Q3]

26% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 31

32% less capital invested

Capital invested by funds: $189M [Q2] → $129M (-$59.7M) [Q3]

55% less call options, than puts

Call options by funds: $29K | Put options by funds: $65K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $7 207% upside
• Avg. target: $7 207% upside
• High target: $7 207% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Daniel Kurnos 65% 1-year accuracy 51 / 78 met price target

207% upside $7

Buy Maintained

5 Nov 2024