Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Entravision Communications Corp. (NYSE: EVC) closed the day trading at $2.11 up 0.48% from the previous closing price of $2.10. In other words, the price has increased by $0.48 from its previous closing price. On the day, 0.66 million shares were traded. EVC stock price reached its highest trading level at $2.135 during the session, while it also had its lowest trading level at $2.05.
Ratios:
For a better understanding of EVC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.10. 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:
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 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 218695152 and an Enterprise Value of 375304736. 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 0.85. Its current Enterprise Value per Revenue stands at 0.339 whereas that against EBITDA is 10.333.
Stock Price History:
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 -15.91%, while the 200-Day Moving Average is calculated to be -41.97%.
Shares Statistics:
Over the past 3-months, EVC traded about 1.08M shares per day on average, while over the past 10 days, EVC traded about 946980 shares per day. 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 55.50% stake in the company. Shares short for EVC as of 1711584000 were 2835055 with a Short Ratio of 2.64, compared to 1709164800 on 1770145. Therefore, it implies a Short% of Shares Outstanding of 2835055 and a Short% of Float of 5.6399997.
Dividends & Splits
EVC’s forward annual dividend rate is 0.20, up from 0.2 a year ago. The stock’s 5-year Average Dividend Yield is 4.86.
Earnings Estimates
Investors are keenly observing as Exelon Corporation analysts analyze and rate the current performance of Entravision Communications Corp. (EVC) in the stock market.The consensus estimate for the next quarter is $11.57, with high estimates of $9.98 and low estimates of $11.47.
