Entravision Communications Corp’s Market Journey: Closing Weak at 2.37, Down -7.42

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The closing price of Entravision Communications Corp (NYSE: EVC) was $2.37 for the day, down -7.42% from the previous closing price of $2.56. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 0.59 million shares were traded. EVC stock price reached its highest trading level at $2.4 during the session, while it also had its lowest trading level at $2.23.

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 2.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.06. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 2.70. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 1.11.

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 213269424 and an Enterprise Value of 357998464. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 0.312 whereas that against EBITDA is 9.55.

Stock Price History:

Over the past 52 weeks, EVC has reached a high of $4.41, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 12.22%, while the 200-Day Moving Average is calculated to be 3.77%.

Shares Statistics:

EVC traded an average of 275.68K shares per day over the past three months and 258370 shares per day over the past ten days. A total of 80.15M shares are outstanding, with a floating share count of 61.09M. Insiders hold about 32.11% of the company’s shares, while institutions hold 51.92% stake in the company. Shares short for EVC as of 1728950400 were 1367582 with a Short Ratio of 4.96, compared to 1726185600 on 1457482. Therefore, it implies a Short% of Shares Outstanding of 1367582 and a Short% of Float of 2.74.

Dividends & Splits

With its trailing 12-month dividend rate of 0.05, EVC has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.01953125The stock’s 5-year Average Dividend Yield is 5.19.

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