Entravision Communications Corporation [NYSE: EVC] surged by $0.35 during the normal trading session on Tuesday and reaching a high of $2.20 during the day while it closed the day at $2.00. Entravision Communications Corporation stock has also gained 9.29% of its value over the past 7 days. However, EVC stock has declined by -5.66% in the 3 months of the year. Over the past six months meanwhile, it has lost -24.24% and lost -23.66% year-on date.
The market cap for EVC stock reached $168.24 million, with 84.32 million shares outstanding and 57.42 million shares in the current float. Compared to the average trading volume of 251.74K shares, EVC reached a trading volume of 3049378 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here’s what leading stock market gurus have to say about Entravision Communications Corporation [EVC]:
Noble Financial have made an estimate for Entravision Communications Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 15, 2018. While these analysts kept the previous recommendation, Wedbush dropped their target price from $9 to $7. The new note on the price target was released on January 17, 2017, representing the official price target for Entravision Communications Corporation stock. Previously, the target price had yet another raise to $10, while Wedbush analysts kept a Outperform rating on EVC stock. On January 08, 2015, analysts increased their price target for EVC shares from 6 to 9.
The Average True Range (ATR) for Entravision Communications Corporation is set at 0.18, with the Price to Sales ratio for EVC stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 0.68, with the Price to Cash per share for the same quarter was set at 1.52.
EVC stock trade performance evaluation
Entravision Communications Corporation [EVC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.29. With this latest performance, EVC shares gained by 43.88% in over the last four-week period, additionally sinking by -24.24% over the last 6 months – not to mention a drop of -30.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVC stock in for the last two-week period is set at 63.81, with the RSI for the last a single of trading hit 68.82, and the three-weeks RSI is set at 59.70 for Entravision Communications Corporation [EVC]. The present Moving Average for the last 50 days of trading for this stock 1.54, while it was recorded at 1.73 for the last single week of trading, and 2.28 for the last 200 days.
Entravision Communications Corporation [EVC]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Entravision Communications Corporation [EVC] shares currently have an operating margin of +6.84 and a Gross Margin at +36.83. Entravision Communications Corporation’s Net Margin is presently recorded at -7.21.
Return on Total Capital for EVC is now 3.31, given the latest momentum, and Return on Invested Capital for the company is -3.53. Return on Equity for this stock declined to -6.35, with Return on Assets sitting at -2.69. When it comes to the capital structure of this company, Entravision Communications Corporation [EVC] has a Total Debt to Total Equity ratio set at 92.47. Additionally, EVC Total Debt to Total Capital is recorded at 48.04, with Total Debt to Total Assets ending up at 38.48. Long-Term Debt to Equity for the company is recorded at 88.28, with the Long-Term Debt to Total Capital now at 45.87.
Reflecting on the efficiency of the workforce at the company, Entravision Communications Corporation [EVC] managed to generate an average of -$17,855 per employee. Receivables Turnover for the company is 3.63 with a Total Asset Turnover recorded at a value of 0.37.Entravision Communications Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.20 and a Current Ratio set at 3.20.
Earnings per share (EPS) analysis for Entravision Communications Corporation [EVC] stock
With the latest financial reports released by the company, Entravision Communications Corporation posted 0.04/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -33.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVC.
Entravision Communications Corporation [EVC]: Insider Ownership positions
There are presently around $81 million, or 83.80% of EVC stock, in the hands of institutional investors. The top three institutional holders of EVC stocks are: AMERICAN CENTURY COMPANIES INC with ownership of 8,362,393, which is approximately 2.476% of the company’s market cap and around 5.20% of the total institutional ownership; BLACKROCK INC., holding 6,098,992 shares of the stock with an approximate value of $10.06 million in EVC stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $8.22 million in EVC stock with ownership of nearly -1.914% of the company’s market capitalization.
Positions in Entravision Communications Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 43 institutional holders increased their position in Entravision Communications Corporation [NYSE:EVC] by around 2,791,296 shares. Additionally, 53 investors decreased positions by around 3,019,924 shares, while 10 investors held positions by with 43,239,955 shares. The mentioned changes placed institutional holdings at 49,051,175 shares, according to the latest SEC report filing. EVC stock had 10 new institutional investments in for a total of 369,970 shares, while 15 institutional investors sold positions of 1,000,327 shares during the same period.