The Scripps (E.W.) Co (NASDAQ: SSP) stock enjoyed a major increase of 11.9% on 11/14/23. The shares closed at $7.41. The stock has been extremely weak relative to the market over the last nine months but has risen 4.7% during the last week.
Current PriceTarget Research Rating
SSP's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Scripps (E.W.) has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR's two proprietary measures of a stock's attractiveness. Scripps (E.W.) has a very high Appreciation Score of 97 but a very low Power Rating of 13, resulting in the Neutral Value Trend Rating.
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.