Scripps Networks Interactive Stock Hits New 52-Week High (SNI)

NEW YORK ( TheStreet) -- Scripps Networks Interactive (NYSE: SNI) hit a new 52-week high Monday as it is currently trading at $58.12, above its previous 52-week high of $57.75 with 73,801 shares traded as of 9:40 a.m. ET. Average volume has been one million shares over the past 30 days.

Scripps Networks Interactive has a market cap of $6.61 billion and is part of the services sector and media industry. Shares are up 26.7% year to date as of the close of trading on Friday.

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. The company has a P/E ratio of 17.8, below the average media industry P/E ratio of 21.4 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Scripps Networks Interactive as a buy. 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, impressive record of earnings per share growth and compelling growth in net income. 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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