Latest news with #E.W.Scripps
Yahoo
16-06-2025
- Business
- Yahoo
Cracker Barrel, Red Robin, E.W. Scripps, Wynn Resorts, and eHealth Stocks Trade Up, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Sit-Down Dining company Cracker Barrel (NASDAQ:CBRL) jumped 8.2%. Is now the time to buy Cracker Barrel? Access our full analysis report here, it's free. Sit-Down Dining company Red Robin (NASDAQ:RRGB) jumped 8.7%. Is now the time to buy Red Robin? Access our full analysis report here, it's free. Broadcasting company E.W. Scripps (NASDAQ:SSP) jumped 10.9%. Is now the time to buy E.W. Scripps? Access our full analysis report here, it's free. Casino Operator company Wynn Resorts (NASDAQ:WYNN) jumped 5.5%. Is now the time to buy Wynn Resorts? Access our full analysis report here, it's free. Online Marketplace company eHealth (NASDAQ:EHTH) jumped 5.5%. Is now the time to buy eHealth? Access our full analysis report here, it's free. E.W. Scripps's shares are extremely volatile and have had 97 moves greater than 5% over the last year. But moves this big are rare even for E.W. Scripps and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 20 days ago when the stock gained 7% on the news that the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. E.W. Scripps is up 14.5% since the beginning of the year, but at $2.88 per share, it is still trading 25.5% below its 52-week high of $3.87 from July 2024. Investors who bought $1,000 worth of E.W. Scripps's shares 5 years ago would now be looking at an investment worth $328.53. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
Broadcasting Stocks Q1 Teardown: E.W. Scripps (NASDAQ:SSP) Vs The Rest
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at broadcasting stocks, starting with E.W. Scripps (NASDAQ:SSP). Broadcasting companies have been facing secular headwinds in the form of consumers abandoning traditional television and radio in favor of streaming services. As a result, many broadcasting companies have evolved by forming distribution agreements with major streaming platforms so they can get in on part of the action, but will these subscription revenues be as high quality and high margin as their legacy revenues? Only time will tell which of these broadcasters will survive the sea changes of technological advancement and fragmenting consumer attention. The 7 broadcasting stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.1% while next quarter's revenue guidance was 0.6% below. In light of this news, share prices of the companies have held steady as they are up 4.6% on average since the latest earnings results. Founded as a chain of daily newspapers, E.W. Scripps (NASDAQ:SSP) is a diversified media enterprise operating a range of local television stations, national networks, and digital media platforms. E.W. Scripps reported revenues of $524.4 million, down 6.6% year on year. This print exceeded analysts' expectations by 0.7%. Overall, it was a very strong quarter for the company with a solid beat of analysts' EBITDA estimates. The stock is down 8.7% since reporting and currently trades at $2.35. Is now the time to buy E.W. Scripps? Access our full analysis of the earnings results here, it's free. Founded in 1915, Fox (NASDAQ:FOXA) is a diversified media company, operating prominent cable news, television broadcasting, and digital media platforms. FOX reported revenues of $4.37 billion, up 26.8% year on year, outperforming analysts' expectations by 4.3%. The business had an exceptional quarter with a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EPS estimates. FOX scored the biggest analyst estimates beat and fastest revenue growth among its peers. The market seems happy with the results as the stock is up 9.9% since reporting. It currently trades at $55.27. Is now the time to buy FOX? Access our full analysis of the earnings results here, it's free. Occasionally featuring celebrity hosts like Ryan Seacrest on its shows, iHeartMedia (NASDAQ:IHRT) is a leading multimedia company renowned for its extensive network of radio stations, digital platforms, and live events across the globe. iHeartMedia reported revenues of $807.1 million, up 1% year on year, exceeding analysts' expectations by 2.6%. Still, it was a slower quarter as it posted a significant miss of analysts' adjusted operating income and EPS estimates. Interestingly, the stock is up 11.8% since the results and currently trades at $1.42. Read our full analysis of iHeartMedia's results here. Originally the joint-venture of four cable television companies, AMC Networks (NASDAQ:AMCX) is a broadcaster producing a diverse range of television shows and movies. AMC Networks reported revenues of $555.2 million, down 6.9% year on year. This print missed analysts' expectations by 2.6%. It was a slower quarter as it also produced a significant miss of analysts' EPS estimates and a miss of analysts' Affiliate revenue estimates. AMC Networks had the weakest performance against analyst estimates and slowest revenue growth among its peers. The stock is up 7.3% since reporting and currently trades at $6.64. Read our full, actionable report on AMC Networks here, it's free. Spun out of Gannett in 2015, TEGNA (NYSE:TGNA) is a media company operating a network of television stations and digital platforms, focusing on local news and community content. TEGNA reported revenues of $680 million, down 4.8% year on year. This number met analysts' expectations. Zooming out, it was a satisfactory quarter as it also recorded a solid beat of analysts' EPS estimates. The stock is flat since reporting and currently trades at $16.66. Read our full, actionable report on TEGNA here, it's free. As a result of the Fed's rate hikes in 2022 and 2023, inflation has come down from frothy levels post-pandemic. The general rise in the price of goods and services is trending towards the Fed's 2% goal as of late, which is good news. The higher rates that fought inflation also didn't slow economic activity enough to catalyze a recession. So far, soft landing. This, combined with recent rate cuts (half a percent in September 2024 and a quarter percent in November 2024) have led to strong stock market performance in 2024. The icing on the cake for 2024 returns was Donald Trump's victory in the U.S. Presidential Election in early November, sending major indices to all-time highs in the week following the election. Still, debates around the health of the economy and the impact of potential tariffs and corporate tax cuts remain, leaving much uncertainty around 2025. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-06-2025
- Business
- Yahoo
1 Stock Under $10 to Target This Week and 2 to Question
Investors can certainly boost their returns by concentrating on stocks trading between $1 and $10. However, a disciplined approach is necessary because many of these businesses are speculative and lack the underlying fundamentals to support their prices. Luckily for you, our mission at StockStory is to help you make money and avoid losses by sorting the winners from the losers. That said, here is one stock under $10 with huge potential and two that may have trouble. Share Price: $4.16 Started as a small grocery store in New York City, B&G Foods (NYSE:BGS) is an American packaged foods company with a diverse portfolio of more than 50 brands. Why Are We Out on BGS? Products have few die-hard fans as sales have declined by 3.3% annually over the last three years Earnings per share decreased by more than its revenue over the last three years, showing each sale was less profitable High net-debt-to-EBITDA ratio of 7× could force the company to raise capital at unfavorable terms if market conditions deteriorate B&G Foods is trading at $4.16 per share, or 5.9x forward P/E. Dive into our free research report to see why there are better opportunities than BGS. Share Price: $2.29 Founded as a chain of daily newspapers, E.W. Scripps (NASDAQ:SSP) is a diversified media enterprise operating a range of local television stations, national networks, and digital media platforms. Why Do We Steer Clear of SSP? Lackluster 1.2% annual revenue growth over the last two years indicates the company is losing ground to competitors Projected 8.2 percentage point decline in its free cash flow margin next year reflects the company's plans to increase its investments to defend its market position Shrinking returns on capital from an already weak position reveal that neither previous nor ongoing investments are yielding the desired results E.W. Scripps's stock price of $2.29 implies a valuation ratio of 0.8x forward EV-to-EBITDA. To fully understand why you should be careful with SSP, check out our full research report (it's free). Share Price: $9.55 Founded by famous lawyer Robert Shapiro, LegalZoom (NASDAQ:LZ) offers online legal services and documentation assistance for individuals and businesses. Why Are We Positive On LZ? Subscription Units have increased by an average of 10.5% annually, giving it the potential for margin-accretive growth if it can develop valuable complementary products and features Performance over the past three years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue Free cash flow margin grew by 13.1 percentage points over the last few years, giving the company more chips to play with At $9.55 per share, LegalZoom trades at 9.6x forward EV/EBITDA. Is now the time to initiate a position? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Kura Sushi, BJ's, Red Robin, Tapestry, and E.W. Scripps Shares Skyrocket, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +2.0%, S&P 500 +1.5%) as President Trump postponed the planned 50% tariff on European Union imports, shifting the start date to July 9, 2025. Companies with substantial business ties to Europe likely had some relief as the delay reduced near-term cost pressures and preserved cross-border demand. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Sit-Down Dining company Kura Sushi (NASDAQ:KRUS) jumped 6.2%. Is now the time to buy Kura Sushi? Access our full analysis report here, it's free. Sit-Down Dining company BJ's (NASDAQ:BJRI) jumped 5%. Is now the time to buy BJ's? Access our full analysis report here, it's free. Sit-Down Dining company Red Robin (NASDAQ:RRGB) jumped 6.6%. Is now the time to buy Red Robin? Access our full analysis report here, it's free. Apparel and Accessories company Tapestry (NYSE:TPR) jumped 5.5%. Is now the time to buy Tapestry? Access our full analysis report here, it's free. Broadcasting company E.W. Scripps (NASDAQ:SSP) jumped 7%. Is now the time to buy E.W. Scripps? Access our full analysis report here, it's free. E.W. Scripps's shares are extremely volatile and have had 92 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 8 months ago when the stock gained 24.1% on the news that the company announced that it would end its 24/7 national news broadcast service after November 15, 2024, due to challenges hitting its revenue target from linear television. The business planned to focus on digital and streaming platforms. While the move means SSP would scale back its reach in the short term (with over 200 job cuts expected), the stock's reaction suggested the market liked the decision to capitalize on more promising growth opportunities. E.W. Scripps is down 10.5% since the beginning of the year, and at $2.25 per share, it is trading 41.7% below its 52-week high of $3.87 from July 2024. Investors who bought $1,000 worth of E.W. Scripps's shares 5 years ago would now be looking at an investment worth $239.60. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
E.W. Scripps (NASDAQ:SSP) Surprises With Q1 Sales
Media, broadcasting, and digital services company E.W. Scripps (NASDAQ:SSP) reported Q1 CY2025 results beating Wall Street's revenue expectations , but sales fell by 6.6% year on year to $524.4 million. Its GAAP loss of $0.22 per share was 26.7% above analysts' consensus estimates. Is now the time to buy E.W. Scripps? Find out in our full research report. Revenue: $524.4 million vs analyst estimates of $520.8 million (6.6% year-on-year decline, 0.7% beat) EPS (GAAP): -$0.22 vs analyst estimates of -$0.30 (26.7% beat) Adjusted EBITDA: $75.61 million vs analyst estimates of $63.28 million (14.4% margin, 19.5% beat) Operating Margin: 5.2%, down from 7.7% in the same quarter last year Market Capitalization: $207.2 million Founded as a chain of daily newspapers, E.W. Scripps (NASDAQ:SSP) is a diversified media enterprise operating a range of local television stations, national networks, and digital media platforms. A company's long-term sales performance is one signal of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Over the last five years, E.W. Scripps grew its sales at a 10.7% annual rate. Although this growth is acceptable on an absolute basis, it fell short of our standards for the consumer discretionary sector, which enjoys a number of secular tailwinds. Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer preferences. E.W. Scripps's recent performance shows its demand has slowed as its annualized revenue growth of 1.2% over the last two years was below its five-year trend. This quarter, E.W. Scripps's revenue fell by 6.6% year on year to $524.4 million but beat Wall Street's estimates by 0.7%. Looking ahead, sell-side analysts expect revenue to decline by 13% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and suggests its products and services will face some demand challenges. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. E.W. Scripps's operating margin has been trending up over the last 12 months, but it still averaged negative 6.9% over the last two years. This is due to its large expense base and inefficient cost structure. This quarter, E.W. Scripps generated an operating profit margin of 5.2%, down 2.5 percentage points year on year. This contraction shows it was less efficient because its expenses increased relative to its revenue. Revenue trends explain a company's historical growth, but the long-term change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. E.W. Scripps's full-year EPS flipped from negative to positive over the last five years. This is encouraging and shows it's at a critical moment in its life. In Q1, E.W. Scripps reported EPS at negative $0.22, down from negative $0.15 in the same quarter last year. Despite falling year on year, this print easily cleared analysts' estimates. We also like to analyze expected EPS growth based on Wall Street analysts' consensus projections, but there is insufficient data. We enjoyed seeing E.W. Scripps beat analysts' revenue, EPS, and EBITDA expectations this quarter. Zooming out, we think this quarter featured some important positives. The stock remained flat at $2.60 immediately after reporting. Sure, E.W. Scripps had a solid quarter, but if we look at the bigger picture, is this stock a buy? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
