Scripps Networks Int
SNI
Delayed Nyse - 07/21 10:00:00 pm
78.75USD
-0.33%

Investors could aim for a turn-around of the trend

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David Meurisse
Contributor / Partner

Strategy published on : 07/14/2017 | 14:50

long trade
Target price hit

Entry price : 67.2$
Target : 76.7$
Stop-loss : 64.8$
Potential : 14.14%

Shares in Scripps Networks Interactive, Inc. reflect an interesting technical chart pattern allowing for a bet on a reversal of the medium term trend.
Summary

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 65.89 support.

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

● With a P/E ratio at 12.25 for the current year and 11.6 for next year, earnings multiples are highly attractive compared with competitors.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.


Weaknesses

● The group shows a rather high level of debt in proportion to its EBITDA.

Zonebourse.com 2017
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