The E.W. Scripps Company (NASDAQSP) is a prominent player in the media industry, known for its diverse portfolio of local and national media brands. The company operates television stations and digital platforms, providing a wide range of content to its audience. Currently trading at $2.73, SSP has a target price of approximately $3.48, indicating a growth potential of about 27.45%.
In comparison to its peers, Sinclair Broadcast Group, Inc. (SBGI) is trading at $14.39, with a discounted cash flow (DCF) valuation of $9.74. Despite having a market cap of $956.49 million and an earnings per share (EPS) of $4.69, SBGI's price-to-earnings (PE) ratio is 3.42, and it offers a dividend yield of 6.22%. However, its price difference is -32.32%, suggesting a potential downside.
Gray Television, Inc. (GTN) presents a compelling case with the highest growth potential among its peers. Trading at $4.36, GTN has a DCF valuation of $6.13, indicating a price difference of 40.53%. With a market cap of $472.22 million and an EPS of $3.36, GTN's PE ratio is notably low at 0.80, and it offers a dividend yield of 10.69%.
The New York Times Company (NYT), another peer, is trading at $48.40, with a DCF valuation of $36.27. Despite a market cap of $7.87 billion and an EPS of $1.77, NYT's PE ratio is significantly higher at 29.13, with a dividend yield of 0.97%. Its price difference stands at -25.06%, indicating a potential overvaluation.
Overall, The E.W. Scripps Company shows a promising growth potential of 27.45%, with Gray Television, Inc. leading the peer group in terms of potential price appreciation. Investors may consider these factors when evaluating investment opportunities in the media sector.