Scripps Networks (SNI) Catches Eye: Stock Jumps 7.6%

Zacks

Scripps Networks Interactive, Inc. (SNI) was a big mover last session, as the company saw its shares rise by nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the past one month’s volatile price range of $72.66 to $76.60.

This TV broadcasting company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease in the last 30 days, while the Zacks Consensus Estimate hasn’t been in a trend. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Scripps Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Some better-ranked stocks in the same industry include Belo Corp. (BLC), Discovery Communications, Inc. (DISCK) and Gray Television Inc. (GTN). While Belo Corp. sports a Zacks Rank #1 (Strong Buy), Discovery and Gray Television carry a Zacks Rank #2 (Buy).

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SCRIPPS NETWORKS INTERACTIVE INC (SNI): Free Stock Analysis Report

BELO CORP (BLC): Free Stock Analysis Report

DISCOVERY COMMUNICATIONS SRS C (DISCK): Free Stock Analysis Report

GRAY TELEVISION INC (GTN): Free Stock Analysis Report


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