InvestorsObserver is giving E. W. Scripps Co (SSP) an Analyst Rating Rank of 63, meaning SSP is ranked higher by analysts than 63% of stocks. The average projection by analysts for SSP is $15 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With E. W. Scripps Co Stock Today?
E. W. Scripps Co (SSP) stock has risen 4.61% while the S&P 500 is unmoved 0% as of 10:57 AM on Friday, Sep 25. SSP is up $0.52 from the previous closing price of $11.27 on volume of 822,527 shares. Over the past year the S&P 500 is higher by 9.03% while SSP is lower by -11.95%. SSP lost -$0.55 per share the over the last 12 months.