E W Gross Profit vs. Number Of Shares Shorted

SSP Stock  USD 1.95  0.03  1.56%   
Based on the key profitability measurements obtained from E W's financial statements, E W Scripps may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess E W's ability to earn profits and add value for shareholders.
 
Gross Profit  
First Reported
1986-03-31
Previous Quarter
208.1 M
Current Value
328.8 M
Quarterly Volatility
128.6 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
As of 11/29/2024, EV To Sales is likely to grow to 2.31, while Price To Sales Ratio is likely to drop 0.28. At this time, E W's Non Operating Income Net Other is relatively stable compared to the past year. As of 11/29/2024, Interest Income is likely to grow to about 97.3 M, though Income Before Tax is likely to grow to (919.1 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.430.4403
Fairly Down
Slightly volatile
For E W profitability analysis, we use financial ratios and fundamental drivers that measure the ability of E W to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well E W Scripps utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between E W's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of E W Scripps over time as well as its relative position and ranking within its peers.
  
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Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of E W. If investors know SSP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about E W listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.913
Earnings Share
(3.09)
Revenue Per Share
28.101
Quarterly Revenue Growth
0.141
Return On Assets
0.036
The market value of E W Scripps is measured differently than its book value, which is the value of SSP that is recorded on the company's balance sheet. Investors also form their own opinion of E W's value that differs from its market value or its book value, called intrinsic value, which is E W's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because E W's market value can be influenced by many factors that don't directly affect E W's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between E W's value and its price as these two are different measures arrived at by different means. Investors typically determine if E W is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E W's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

E W Scripps Number Of Shares Shorted vs. Gross Profit Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining E W's current stock value. Our valuation model uses many indicators to compare E W value to that of its competitors to determine the firm's financial worth.
E W Scripps is rated third in gross profit category among its peers. It is rated fourth in number of shares shorted category among its peers . The ratio of Gross Profit to Number Of Shares Shorted for E W Scripps is about  415.91 . At this time, E W's Gross Profit is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value E W by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

SSP Number Of Shares Shorted vs. Gross Profit

Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

E W

Gross Profit

 = 

Revenue

-

Cost of Revenue

 = 
1.22 B
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.

E W

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
2.93 M
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.

SSP Number Of Shares Shorted Comparison

E W is currently under evaluation in number of shares shorted category among its peers.

E W Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in E W, profitability is also one of the essential criteria for including it into their portfolios because, without profit, E W will eventually generate negative long term returns. The profitability progress is the general direction of E W's change in net profit over the period of time. It can combine multiple indicators of E W, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-75.5 M-79.3 M
Operating Income-753.2 M-715.6 M
Income Before Tax-967.5 M-919.1 M
Total Other Income Expense Net-214.3 M-203.6 M
Net Loss-947.8 M-900.4 M
Income Tax Expense-19.7 M-18.7 M
Net Income Applicable To Common Shares131 M93.7 M
Net Loss-606.5 M-576.1 M
Non Operating Income Net OtherM6.3 M
Interest Income92.7 M97.3 M
Net Interest Income-204.7 M-194.5 M
Change To Netincome54.3 M57 M
Net Loss(11.25)(10.69)
Income Quality(0.12)(0.12)
Net Income Per E B T 0.98  1.03 

SSP Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on E W. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of E W position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the E W's important profitability drivers and their relationship over time.

Use E W in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if E W position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in E W will appreciate offsetting losses from the drop in the long position's value.

E W Pair Trading

E W Scripps Pair Trading Analysis

The ability to find closely correlated positions to E W could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace E W when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back E W - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling E W Scripps to buy it.
The correlation of E W is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as E W moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if E W Scripps moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for E W can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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Gold ETFs Theme
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Additional Tools for SSP Stock Analysis

When running E W's price analysis, check to measure E W's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy E W is operating at the current time. Most of E W's value examination focuses on studying past and present price action to predict the probability of E W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E W's price. Additionally, you may evaluate how the addition of E W to your portfolios can decrease your overall portfolio volatility.