Daily Market Movement: Entravision Communications Corp. (EVC) Sees a 2.87 Increase, Closing at 2.15

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The closing price of Entravision Communications Corp. (NYSE: EVC) was $2.15 for the day, up 2.87% from the previous closing price of $2.09. In other words, the price has increased by $2.87 from its previous closing price. On the day, 0.54 million shares were traded. EVC stock price reached its highest trading level at $2.15 during the session, while it also had its lowest trading level at $2.09.

Ratios:

Our analysis of EVC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.42. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 1.10.

On January 17, 2017, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $9 to $7.

Wedbush Upgraded its Neutral to Outperform on October 12, 2015, while the target price for the stock was maintained at $10.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 15 ’24 when Meyer Karl Alonso bought 5,000 shares for $1.36 per share. The transaction valued at 6,799 led to the insider holds 633,914 shares of the business.

Christenson Michael J bought 100,000 shares of EVC for $167,250 on Mar 07 ’24. The Chief Executive Officer now owns 1,402,170 shares after completing the transaction at $1.67 per share. On Nov 08 ’23, another insider, Christenson Michael J, who serves as the Chief Executive Officer of the company, bought 100,000 shares for $3.85 each. As a result, the insider paid 385,000 and bolstered with 1,302,170 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EVC now has a Market Capitalization of 216621104 and an Enterprise Value of 379780672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.343 whereas that against EBITDA is 10.456.

Stock Price History:

The Beta on a monthly basis for EVC is 1.01, which has changed by -0.6581876 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, EVC has reached a high of $6.49, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is -7.48%, while the 200-Day Moving Average is calculated to be -39.89%.

Shares Statistics:

EVC traded an average of 1.10M shares per day over the past three months and 657060 shares per day over the past ten days. A total of 80.15M shares are outstanding, with a floating share count of 60.19M. Insiders hold about 32.76% of the company’s shares, while institutions hold 55.15% stake in the company. Shares short for EVC as of 1713139200 were 2857312 with a Short Ratio of 2.60, compared to 1710460800 on 2152161. Therefore, it implies a Short% of Shares Outstanding of 2857312 and a Short% of Float of 5.6799997.

Dividends & Splits

With its trailing 12-month dividend rate of 0.2, EVC has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.09569378The stock’s 5-year Average Dividend Yield is 4.86.

Earnings Estimates

Its stock is currently analyzed by 1.0 different market analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.09, while EPS last year was $0.02. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.

Analysts are recommending an EPS of between $0.05 and $0.05 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is -$0.19, with 1.0 analysts recommending between -$0.19 and -$0.19.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $271M to a low estimate of $271M. As of the current estimate, Entravision Communications Corp.’s year-ago sales were $239.01MFor the next quarter, 1 analysts are estimating revenue of $312M. There is a high estimate of $312M for the next quarter, whereas the lowest estimate is $312M.

A total of 1 analysts have provided revenue estimates for EVC’s current fiscal year. The highest revenue estimate was $905.7M, while the lowest revenue estimate was $905.7M, resulting in an average revenue estimate of $905.7M. In the same quarter a year ago, actual revenue was $1.11BBased on 1 analysts’ estimates, the company’s revenue will be $592.8M in the next fiscal year. The high estimate is $592.8M and the low estimate is $592.8M.

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