Impact of Brokerage Rating on Scripps Networks Interactive, Inc(SNI)

Many Scripps Networks Interactive, Inc(SNI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Needham on Jan 9, 2017 to Buy, Raises Price Target to $ 82 from a previous price target of $78 .

Company has reported several Insider transactions to the SEC, on Dec 27, 2016, Wendy E Scripps (10% owner) sold 20,600 shares at 72.38 per share price.On Dec 22, 2016, Kenneth W Lowe (Chairman, President & CEO) sold 27,400 shares at 72.53 per share price.On Dec 14, 2016, Corina S. Granado (10% owner) sold 200,000 shares at 70.71 per share price.

Scripps Networks Interactive Last issued its quarterly earnings results on Nov 7, 2016. The company reported $1.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.31. Analyst had a consensus of $0.95. The company had revenue of $803.10 million for the quarter, compared to analysts expectations of $794.62 million. The companys revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.06 EPS.

Scripps Networks Interactive, Inc (NASDAQ:SNI) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.5 by 14 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 8 Brokerage Firms have advised hold. A sell rating was given by 1 analyst.

Scripps Networks Interactive, Inc (NASDAQ:SNI) shares are expected to touch $74.67 in the short term. This short term price target has been shared by 9 analysts. However, the standard deviation of short term price estimate has been valued at 10.46. The target price could hit $90 on the higher end and $57 on the lower end.

Scripps Networks Interactive, Inc (NASDAQ:SNI) witnessed a decline in the market cap on Tuesday as its shares dropped 0.74% or 0.57 points. After the session commenced at $77.35, the stock reached the higher end at $77.43 while it hit a low of $76.38. With the volume soaring to 1,155,745 shares, the last trade was called at $76.9. The company has a 52-week high of $78.52. The company has a market cap of $9,928 million and there are 129,107,846 shares in outstanding. The 52-week low of the share price is $52.62.

SCRIPPS NETWORKS INTERACTIVE INC. is the leading developer of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion Web sites and broadband vertical channels. The companys media portfolio includes: Lifestyle Media, with popular lifestyle television and Internet brands HGTV, Food Network, DIY Network, Fine Living Network and country music network Great American Country (GAC); and Interactive Services, with leading online search and comparison shopping services, Shopzilla and uSwitch.


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