Large Outflow of Money Witnessed in Scripps Networks Interactive, Inc

Shares of Scripps Networks Interactive, Inc (NASDAQ:SNI) advanced to $75.37. The price had gained 0.04% or 0.03 points intraday. The latest trading session witnessed $3.33 million in upticks and $5.36 million in downticks, resulting in net money flow of (-2.03) million. The up/down ratio for the day stood at 0.62. On a weekly scale, the price has seen a change of 0.11%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-1.6) million occurred during the day. $0 million in uptick and $1.6 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.

Stock price is down 1.95% since it reached the one year high price and is down $ -1.48 since then. The company shares are up 43% from one year low and is up $22.36 since then. The Stock has a 52 week low of $52 and one year high of $75.84.

Company shares have received an average consensus rating of Hold for the current week Scripps Networks Interactive, Inc (NASDAQ:SNI) stock ended Thursday session in the red zone in a volatile trading. The stock closed down 0.98 points or 1.3% at $74.36 with 1,099,629 shares getting traded. Post opening the session at $75.3, the shares hit an intraday low of $73.99 and an intraday high of $75.63 and the price was in this range throughout the day. The company has a market cap of $9,600 million and the number of outstanding shares has been calculated to be 129,107,846 shares. The 52-week high of Scripps Networks Interactive, Inc (NASDAQ:SNI) is $75.84 and the 52-week low is $52.

Analyst research plays a key role on the stock prices.Company shares were Reiterated by Needham on Jan 9, 2017 to Buy, Raises Price Target to $ 82 from a previous price target of $78 .Scripps Networks Interactive was Downgraded by BofA/Merrill to Underperform on Oct 27, 2016.

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.

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, Inc. (SNI) is a developer of lifestyle-oriented content for linear and interactive video platforms, including television and the Internet brands. The Company manages its operations through its Lifestyle Media segment. Lifestyle Media includes its six national television networks, HGTV, Food Network, Travel Channel, DIY Network, Cooking Channel and Great American Country. HGTV focuses on decorating, interior design, home remodeling, landscape design and real estate topics. Food Network programming content includes food-related topics. Travel Channel is a travel multi-media brand. DIY Network provides entertaining and informational programming content. Cooking Channel programming focuses on food information and instructional cooking. Great American Country offers the country music experience, music performance specials, live concerts and country music videos.


For any feedback and suggestions contact author at

Add Comment