Entravision Communications Corporation (NYSE:EVC) currently has a daily average trading volume of 324.02K but it saw 1186744 shares traded on Thursday. With a market cap of 506.04M USD, stock’s current market price of $5.78 came falling about -2.86 while comparing to the previous closing price of $5.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.32 and as low as $3.96. In the recent trading on the day, stock has struck highest price mark of $5.90 while lowest mark touched by it was $5.60.
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Taking a look at 20-day trading activity of Entravision Communications Corporation (EVC) gives us an average price of $6.56, while its current price level is -21.09% below from 52-week high level whereas it is 45.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $6.31 while that of 200 days or SMA-200 reads an average of $5.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.22% during that period while stretching the period over a month that decreases to 4.29%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 30.71 which implies that the stock is in neutral territory.
Wedbush downgraded its recommendation for the stock as a “Neutral” from “Outperform” on January 17, 2017 while assigning a price target range of $9-$7. Wedbush issued its recommendations for the stock as it upgraded the price target for the stock is $10.
Over the week, EVC’s stock price is moving -9.55% down while it is -12.82% when we observe its performance for the past one month. Year-to-date it is 20.42% up and over the past year, the stock is showing a downside performance of -7.07%.
The latest quarterly earnings report issued by the company was for quarter ended 9/29/2022, when its quarterly earnings per share (EPS) of $0.11 beaten by the consensus estimate of $0.14 for the same. For EVC, analysts are forecasting an EPS-growth rate of 20.00% for current year and estimate for EPS growth in next year is 9.50%. In next quarter, company is expected to be making quarterly sales of $211.87 million as analysts are expecting the sales for current fiscal year at $921.32 million and seeing the company making $971.86 million in sales next year. Moreover, analysts are in estimates of $261.45 million for current-quarter revenue.
Currently, Entravision Communications Corporation’s total number of outstanding shares is 84.95M with 7.53% of that held by the insiders while 81.88% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.90% and return on equity (ROE) at 10.20%. It has a price to earnings ratio (P/E ratio) of 27.92 while having a 8.76 of forward P/E ratio. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 1.85 while price to sale or P/S ratio amounts to 0.53. Its return on asset (ROA) is 3.10% on average.
In the most recent quarter, Goldman Sachs Small Cap Value Fun came cutting its stake by -7.00% in the company and now holds 1.38 million or 1.82% of the company’s stake having worth of about 9.04 million.
