Latest news with #EWScripps
Yahoo
12-07-2025
- Business
- Yahoo
Leslie's, SoundHound AI, E.W. Scripps, eHealth, and VF Corp Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after the Trump administration announced intentions to impose a 35% tariff on many goods imported from Canada. This move is far more than a typical trade dispute; it targets the United States' largest and most deeply integrated trading partner. Canada is not merely a neighbor but a critical component of North American supply chains, particularly in sectors like automotive, energy, and critical minerals. This move has sparked concerns about potential retaliatory actions and a wider impact on the North American economy, leading to a risk-off sentiment among investors. The S&P 500, Dow Jones Industrial Average, and Nasdaq all opened lower, pulling back from recent record highs and heading for their first weekly loss in three weeks. 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: Specialty Retail company Leslie's (NASDAQ:LESL) fell 5.4%. Is now the time to buy Leslie's? Access our full analysis report here, it's free. Automation Software company SoundHound AI (NASDAQ:SOUN) fell 5.6%. Is now the time to buy SoundHound AI? Access our full analysis report here, it's free. Broadcasting company E.W. Scripps (NASDAQ:SSP) fell 7.3%. Is now the time to buy E.W. Scripps? Access our full analysis report here, it's free. Online Marketplace company eHealth (NASDAQ:EHTH) fell 4.7%. Is now the time to buy eHealth? Access our full analysis report here, it's free. Apparel and Accessories company VF Corp (NYSE:VFC) fell 4.1%. Is now the time to buy VF Corp? 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. 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. E.W. Scripps is up 49.2% since the beginning of the year, but at $3.76 per share, it is still trading 9.4% below its 52-week high of $4.15 from July 2025. Investors who bought $1,000 worth of E.W. Scripps's shares 5 years ago would now be looking at an investment worth $411.38. 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.
Globe and Mail
07-07-2025
- Business
- Globe and Mail
The E.W. Scripps Company Rises 51% YTD: Should You Buy the Stock Now?
The E.W. Scripps Company SSP shares have rallied 51.1% in the year-to-date (YTD) period, outperforming the Zacks Broadcast Radio and Television industry's growth of 34.1% and the Zacks Consumer Discretionary sector's return of 12.4%. SSP has also outperformed its competitors, Nexstar Media Group NXST, Sinclair SBGI and Paramount Global PARA. NXST and PARA shares have returned 14.7% and 23.3% YTD, respectively, while SBGI has lost 8.4%. SSP shares have been riding on the momentum of strong execution in its live sports and Connected TV (CTV) strategies, coupled with disciplined cost management. The company has renewed its partnerships in women's sports and expanded its line-up with new events, strengthening advertiser demand. These initiatives, along with a clear focus on debt reduction and operational efficiency, have bolstered investor confidence. Let's delve deeper into some of the factors that are helping SSP to understand why the stock is a buy now. SSP's YTD Price Performance SSP Expands Its Sports Line-Up With New Partnerships SSP is doubling down on its sports programming strategy with two powerful moves that strengthen its reach and improve audience engagement. A renewed multi-year deal with the WNBA ensures that ION remains the league's national home for Friday night games, including its exclusive studio show. With growing viewership and fan enthusiasm, this partnership solidifies SSP's foothold in live women's sports. At the same time, SSP has signed a new agreement to broadcast Tampa Bay Lightning games at no cost to viewers. By launching a new local station, The Spot - Tampa Bay 66, and pairing it with app-based streaming, SSP is creating a viewing experience both on-air and online. This hybrid model improves viewer loyalty and opens new advertising and distribution opportunities. Together, these deals are likely to support top-line growth through increased ad sales and strengthen SSP's position in live sports. SSP Rides on Scripps Networks' Improving Margins The E.W. Scripps Company is holding its ground in the competitive national network and CTV space, even as rivals like Nexstar Media Group, Sinclair and Paramount Global step up their efforts. Nexstar is bolstering its live sports presence with branded segments during NASCAR broadcasts on The CW, aiming to capture premium ad dollars. Sinclair, meanwhile, has seen rapid momentum from its multicast networks thanks to rebranding and fan-first programming events. Paramount Global continues to scale Pluto TV, strengthening its grip on the FAST ecosystem with broad national reach and curated content. Despite these aggressive plays, SSP has leaned into a focused live sports strategy and cost discipline, emerging as a margin leader in the space. The Scripps Networks division has become a strategic growth lever for The E.W. Scripps Company, driven by a focused push into live sports and disciplined cost control. By doubling down on high-demand women's sports programming and refining its national network footprint, SSP has positioned the segment to support margin expansion. Ongoing partnerships with the WNBA and NWSL, along with new additions like the SI Women's Games and Fort Myers Tip-off, are expected to improve ad inventory and strengthen seasonal performance through the remainder of the year. These distribution agreements are expected to provide valuable live content that attracts advertisers. In the first quarter of 2025, Scripps Networks contributed 37.8% of total company revenues. While segment revenues declined 5.4% year over year, profit increased from $49.7 million to $64.1 million. A 16% drop in expenses pushed segment margin to 32%, its highest since late 2022. SSP reaffirmed its 2025 target of 400-600 basis points of margin expansion but noted that its first-quarter results have already exceeded that range due to early execution of cost-saving measures. SSP's Earnings Estimate Revisions Show an Upward Trend The Zacks Consensus Estimate for 2025 earnings is pegged at 8 cents per share, which has been revised upward by a penny over the past 60 days, indicating a 92.59% year-over-year decline. The consensus mark for 2025 revenues is pegged at $2.19 billion, suggesting a 12.81% year-over-year decline. SSP Shares are Trading Cheap SSP stock is currently trading at a forward 12-month Price/Earnings ratio of 7.72X compared with the industry's 32.10X. This makes the stock a great pick for a value investor. SSP has a Value Score of A, reinforcing an attractive valuation for SSP at the moment. SSP's P/E (F12M) Image Source: Zacks Investment Research Here's Why You Should Buy SSP Stock Now SSP is a strong buy backed by clear strategic execution, expanding sports content and a growing presence in CTV. The company has already surpassed its margin expansion targets for 2025 and continues to attract advertiser demand through premium live programming. Its renewed partnerships with major sports leagues and investments in distribution are creating multiple revenue tailwinds. As SSP sharpens its national network footprint and deepens audience engagement, the company is poised to sustain momentum through the rest of the year. With solid cost control and a highly attractive valuation, SSP is well-positioned to deliver long-term value in 2025. SSP currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Sinclair, Inc. (SBGI): Free Stock Analysis Report E.W. Scripps Company (The) (SSP): Free Stock Analysis Report Nexstar Media Group, Inc. (NXST): Free Stock Analysis Report Paramount Global (PARA): Free Stock Analysis Report
Yahoo
05-07-2025
- Business
- Yahoo
Scripps Networks' Margins Improve: Can SSP Stock Sustain the Momentum?
The E.W. Scripps Company SSP has been benefiting from its Scripps Networks division, which has emerged as a key driver of margin improvement, supported by disciplined cost control and targeted sports programming. Partnerships with the NWSL and WNBA are expected to further drive both revenues and margin performance in the second and third quarters of 2025. To sustain growth, Scripps is expanding its women's sports line-up with new distribution agreements, such as the SI Women's Games and the Fort Myers Tip-off, which are scheduled for the fourth quarter. For the second quarter, the division's revenues are expected by the company to remain roughly flat, while expenses are projected to decline in the low double digits. SSP reaffirmed its 2025 target of 400-600 basis points of margin expansion but noted that its first-quarter results have already exceeded that range due to early execution of cost-saving measures. Building on the strength of strong ad sales execution and cost savings announced in the fourth quarter of 2024, the company posted its highest network margins in the first quarter of 2025 since the fourth quarter of 2022. In the first quarter, the Scripps Networks division reported $198 million in revenues, down 5.4% year over year, contributing 37.8% of total revenues. Segment profit rose to $64.1 million from $49.7 million in the year-ago quarter, driven by a 16% reduction in expenses. These efforts lifted segment margin to 32%, the highest since late 2022. The E.W. Scripps Company is competing against major players like Nexstar Media Group NXST and Sinclair SBGI in the national network and CTV space. Nexstar Media Group is expanding its national TV sports lineup through branded content, including the new 'Mobil 1 Victory Lane' segment on The CW's NASCAR Xfinity Series broadcasts, strengthening Nexstar Media Group's advertiser appeal in live sports. Sinclair's multicast networks, CHARGE, COMET, ROAR and The Nest, have posted record growth driven by anchor series acquisitions, rebranding efforts and fan-focused multi-platform events like COMET FEST and CHARGECON. With expanded distribution in top national TV markets and growing availability on CTV platforms, Sinclair now operates the fastest-growing network group in the free TV space. SSP shares have rallied 50.2% in the year-to-date (YTD) period, outperforming the Zacks Broadcast Radio and Television industry's growth of 34.1% and the Zacks Consumer Discretionary sector's return of 12.8%. Image Source: Zacks Investment Research From a valuation standpoint, SSP stock is currently trading at a forward 12-months Price/Sales ratio of 0.13X compared with the industry's 4.12X. SSP has a Value Score of A. Image Source: Zacks Investment Research The Zacks Consensus Estimate for second-quarter 2025 loss is pegged at 4 cents per share, which has remained steady over the past 30 days, indicating 73.33% year-over-year growth. E.W. Scripps Company (The) price-consensus-chart | E.W. Scripps Company (The) Quote SSP currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sinclair, Inc. (SBGI) : Free Stock Analysis Report E.W. Scripps Company (The) (SSP) : Free Stock Analysis Report Nexstar Media Group, Inc. (NXST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
16-06-2025
- Business
- Yahoo
New Strong Buy Stocks for June 16th
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Flexsteel Industries, Inc. FLXS: This manufacturer of upholstered furniture has seen the Zacks Consensus Estimate for its current year earnings increasing 7.4% over the last 60 days. Flexsteel Industries, Inc. price-consensus-chart | Flexsteel Industries, Inc. Quote Rockwell Automation, Inc. ROK: This industrial automation and digital transformation solutions company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days. Rockwell Automation, Inc. price-consensus-chart | Rockwell Automation, Inc. Quote The E.W. Scripps Company SSP: This media enterprise company has seen the Zacks Consensus Estimate for its current year earnings increasing 14.3% over the last 60 days. E.W. Scripps Company (The) price-consensus-chart | E.W. Scripps Company (The) Quote Virtu Financial, Inc. VIRT: This financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days. Virtu Financial, Inc. price-consensus-chart | Virtu Financial, Inc. Quote Greystone Housing Impact Investors LP GHI: This company that is in the business of mortgage revenue bonds has seen the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days. Greystone Housing Impact Investors LP price-consensus-chart | Greystone Housing Impact Investors LP Quote You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Rockwell Automation, Inc. (ROK) : Free Stock Analysis Report Flexsteel Industries, Inc. (FLXS) : Free Stock Analysis Report E.W. Scripps Company (The) (SSP) : Free Stock Analysis Report Virtu Financial, Inc. (VIRT) : Free Stock Analysis Report Greystone Housing Impact Investors LP (GHI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Melden Sie sich an, um Ihr Portfolio aufzurufen.
Washington Post
13-06-2025
- Business
- Washington Post
Surge in viewers leads ION TV to extend current 3-year broadcasting deal with WNBA
NEW YORK — Caitlin Clark's arrival and a major surge in viewers over the past year led to ION Television reaching a multiyear agreement on Friday to extend its broadcasting partnership with the WNBA. ION, which is owned by the Cincinnati, Ohio-based, E.W. Scripps Company, did not reveal the length or value of the contract, which extends the network's original deal reached in 2023 to broadcast regular-season games and host a weekly studio show.
