Entravision Communications Corp (NYSE:EVC) Experiences Heavier than Usual Trading Volume

Angelo Anderson
November 18, 2017

Several firms have shifted positions in (EVC). Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The stock's last price was higher from the average trading price of 50 days recorded at $25.33 while enlarging the period to 200 trading days, the average price was $20.44.

Several other institutional investors have also bought shares of the company. Also, the Hold rating count is 1 as of 11/16/17.

Entravision Communications Corporation (NYSE:EVC) market capitalization at present is $537.78M at the rate of $6.00 a share. Zacks Investment Research lowered shares of Entravision Communications Corporation from a "hold" rating to a "sell" rating in a report on Wednesday, November 8th.

Entravision Communications Corp (NYSE:EVC)'s trailing twelve month revenues are $532.9 Million, whereas its price to sales ratio for the same period is 1.01. The disposition, at a price of $5.6, resulted in Christopher Young bringing total 244973 shares.

At the time of writing, the stock was trading at $8.39. The disclosure for this sale can be found here.

Here are some institutional investors who have increased or decreased their stake in (EVC). Alphaone Investment Services, LLC added to its investment by buying 2,050 shares an increase of 0.6% in the quarter. Schwab Charles Investment Management Inc. now owns 242,561 shares of the company's stock worth $1,601,000 after acquiring an additional 1,615 shares in the last quarter. The value of the company's investment in Entravision Communications Corp decreased from $3,424,000 to $3,017,000 a change of $407,000 quarter over quarter. Currently, 155.35 million total shares are owned by the public and among those 154.22 million shares have been available to trade. KCG Holdings Inc. acquired a new stake in Entravision Communications Corporation in the first quarter worth $139,000. This stock is a very profitable stock with dividend yields over 2%. Prudential Financial Inc. lifted its holdings in Entravision Communications Corporation by 17.1% in the first quarter. On August 3, 2017 Noble Financial kept a "Buy" rating on the company. Finally, Northern Trust Corp raised its position in Entravision Communications Corporation by 1.8% during the second quarter. Likewise, the upbeat performance for the last quarter was 6.19% and for the full year it was -12.41%. The P/E ratio is now 3.27 and the market cap of the company is 544.53M. The company has a debt-to-equity ratio of 0.83, a current ratio of 6.93 and a quick ratio of 6.93. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The company's quarterly EPS surprised Wall Street by as much as -275% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

While considering growth estimates of the company, it has next quarter growth estimates of 133.3% whereas during current quarter it has -87.5% estimations over growth, comparing to the estimations of -26.1% during current year and 23.5% for next year. Entravision Communications Corporation had a return on equity of 75.49% and a net margin of 31.96%.

Entravision Communications Corporation most recently reported earnings per share (EPS) of -$0.07 for the September 2017 versus $0.06 in the same quarter previous year, representing -217% growth.

Entravision Communications Corporation announced that its board has authorized a stock repurchase plan on Wednesday, August 2nd that allows the company to repurchase $15.00 million in shares. Stock repurchase plans are often a sign that the company's management believes its shares are undervalued. The ex-dividend date of this dividend is Wednesday, December 13th.

Dividends is a reward scheme, that a company presents to its shareholders. Entravision Communications Corporation's dividend payout ratio (DPR) is 10.75%.

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