After finishing at $3.57 in the prior trading day, Entravision Communications Corp. (NYSE: EVC) closed at $1.79, down -49.86%. In other words, the price has decreased by -$1.7800 from its previous closing price. On the day, 11758548 shares were traded. EVC stock price reached its highest trading level at $1.8700 during the session, while it also had its lowest trading level at $1.6606.
Ratios:
Our goal is to gain a better understanding of EVC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 08 ’23 when Christenson Michael J bought 100,000 shares for $3.85 per share. The transaction valued at 385,000 led to the insider holds 1,302,170 shares of the business.
Christenson Michael J bought 15,000 shares of EVC for $57,750 on Aug 08 ’23. The Chief Executive Officer now owns 1,202,170 shares after completing the transaction at $3.85 per share. On Aug 07 ’23, another insider, Christenson Michael J, who serves as the Chief Executive Officer of the company, bought 187,170 shares for $3.87 each. As a result, the insider paid 724,348 and bolstered with 1,187,170 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 182.80M and an Enterprise Value of 318.06M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.29 whereas that against EBITDA is 6.54.
Stock Price History:
Over the past 52 weeks, EVC has reached a high of $6.86, while it has fallen to a 52-week low of $3.35. The 50-Day Moving Average of the stock is 4.0070, while the 200-Day Moving Average is calculated to be 4.0581.
Shares Statistics:
The stock has traded on average 271.89K shares per day over the past 3-months and 375.34k shares per day over the last 10 days, according to various share statistics. A total of 78.17M shares are outstanding, with a floating share count of 58.89M. Insiders hold about 33.07% of the company’s shares, while institutions hold 56.49% stake in the company. Shares short for EVC as of Feb 15, 2024 were 1.81M with a Short Ratio of 6.64, compared to 1.04M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.05% and a Short% of Float of 3.70%.
Dividends & Splits
In the trailing 12 months, EVC’s forward annual dividend rate was 0.00, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 11.17%. The stock’s 5-year Average Dividend Yield is 4.76.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.14 and a low estimate of $0, while EPS last year was -$0.02. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.17 and $0.03 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.3, with 2 analysts recommending between $0.3 and $0.3.
Revenue Estimates
2 analysts predict $320.06M in revenue for the current quarter. It ranges from a high estimate of $309.7M to a low estimate of $307.25M. As of the current estimate, Entravision Communications Corp.’s year-ago sales were $296.33M, an estimated increase of 8.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $262.3M, an increase of 9.70% over than the figure of $8.00% in the same quarter last year. There is a high estimate of $262.3M for the next quarter, whereas the lowest estimate is $262.3M.
A total of 3 analysts have provided revenue estimates for EVC’s current fiscal year. The highest revenue estimate was $1.1B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.11B. In the same quarter a year ago, actual revenue was $956.21M, up 15.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.24B in the next fiscal year. The high estimate is $1.3B and the low estimate is $1.21B. The average revenue growth estimate for next year is up 12.20% from the average revenue estimate for this year.
