Entravision Communications Corp. (EVC) Shares Decline by -6.29% to Close at $1.49

As of close of business last night, Entravision Communications Corp.’s stock clocked out at $1.49, down -6.29% from its previous closing price of $1.59. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 4366936 shares were traded.

Ratios:

To gain a deeper understanding of EVC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.74. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 07 ’24 when Christenson Michael J bought 100,000 shares for $1.67 per share. The transaction valued at 167,250 led to the insider holds 1,402,170 shares of the business.

Christenson Michael J bought 100,000 shares of EVC for $385,000 on Nov 08 ’23. The Chief Executive Officer now owns 1,302,170 shares after completing the transaction at $3.85 per share. On Aug 08 ’23, another insider, Christenson Michael J, who serves as the Chief Executive Officer of the company, bought 15,000 shares for $3.85 each. As a result, the insider paid 57,750 and bolstered with 1,202,170 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 152.17M and an Enterprise Value of 287.42M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 0.27 whereas that against EBITDA is 5.91.

Stock Price History:

Over the past 52 weeks, EVC has reached a high of $6.77, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 3.8476, while the 200-Day Moving Average is calculated to be 4.0136.

Shares Statistics:

It appears that EVC traded 537.19K shares on average per day over the past three months and 2.39M shares per day over the past ten days. 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 3.36, 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

With its trailing 12-month dividend rate of 0.20, EVC has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 12.58%, it implies a Forward Annual Dividend Yield of 13.42%. The stock’s 5-year Average Dividend Yield is 4.76.

Earnings Estimates

As of right now, 1 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.01 and a low estimate of $0.01, while EPS last year was $0.02. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.

Analysts are recommending an EPS of between $0.3 and $0.3 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

In the current quarter, 1 analysts expect revenue to total $262.3M. It ranges from a high estimate of $262.3M to a low estimate of $262.3M. As of the current estimate, Entravision Communications Corp.’s year-ago sales were $239.01M, an estimated increase of 9.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $300.04M, an increase of 16.10% over than the figure of $9.70% in the same quarter last year. There is a high estimate of $300.04M for the next quarter, whereas the lowest estimate is $300.04M.

A total of 2 analysts have provided revenue estimates for EVC’s current fiscal year. The highest revenue estimate was $1.3B, while the lowest revenue estimate was $875M, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $1.11B, down -1.90% from the average estimate.

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