Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Scripps Networks Interactive fell 70 cents (-1.2%) to $58.92 on light volume. Throughout the day, 666,557 shares of Scripps Networks Interactive exchanged hands as compared to its average daily volume of 995,500 shares. The stock ranged in price between $58.63-$59.55 after having opened the day at $59.49 as compared to the previous trading day's close of $59.62. Other companies within the Media industry that declined today were:
), down 16.5%,
), down 10.7%,
), down 8.2%, and
), down 5.6%.
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Scripps Networks Interactive, Inc. operates as a lifestyle content company in the United States and internationally. It engages in the operation of television networks, including Home and Garden Television, Food Network, Travel Channel, DIY Network, Cooking Channel, and Great American Country. Scripps Networks Interactive has a market cap of $6.92 billion and is part of the
sector. The company has a P/E ratio of 18.7, below the average media industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 40.6% year to date as of the close of trading on Friday. Currently there are seven analysts that rate Scripps Networks Interactive a buy, no analysts rate it a sell, and 11 rate it a hold.
TheStreet Ratings rates Scripps Networks Interactive as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Scripps Networks Interactive Ratings Report.
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