Entravision Communications Corp [NYSE: EVC] stock went on an upward path that rose over 43.94% on Wednesday, amounting to a one-week price increase of more than 40.39%.
Over the last 12 months, EVC stock rose by 21.28%. The one-year Entravision Communications Corp stock forecast points to a potential upside of 18.57. The average equity rating for EVC stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $259.28 million, with 81.62 million shares outstanding and 62.63 million shares in the current float. Compared to the average trading volume of 195.27K shares, EVC stock reached a trading volume of 11343684 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Entravision Communications Corp [EVC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVC shares is $3.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVC stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Noble Financial have made an estimate for Entravision Communications Corp 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 Corp 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 Price to Book ratio for the last quarter was 3.32, with the Price to Cash per share for the same quarter was set at 0.74. Price to Free Cash Flow for EVC in the course of the last twelve months was 50.64 with Quick ratio for the last quarter at 1.74.
EVC Stock Performance Analysis:
Entravision Communications Corp [EVC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 40.39. With this latest performance, EVC shares gained by 27.23% in over the last four-week period, additionally plugging by 48.44% over the last 6 months – not to mention a rise of 21.28% 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 77.43, with the RSI for the last a single of trading hit 0.2100, and the three-weeks RSI is set at 0.1400 for Entravision Communications Corp [EVC]. The present Moving Average for the last 50 days of trading for this stock 2.2800, while it was recorded at 2.1800 for the last single week of trading, and 2.1900 for the last 200 days.
Insight into Entravision Communications Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Entravision Communications Corp [EVC] shares currently have an operating margin of 2.00% and a Gross Margin at 24.86%. Entravision Communications Corp’s Net Margin is presently recorded at -27.90%.
Entravision Communications Corp (EVC) Capital Structure & Debt Analysis
According to recent financial data for Entravision Communications Corp. ( EVC), the Return on Equity (ROE) stands at -81.68%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -24.00%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Entravision Communications Corp’s Return on Invested Capital (ROIC) is -43.56%, showcasing its effectiveness in deploying capital for earnings.
Entravision Communications Corp (EVC) Efficiency & Liquidity Metrics
Based on Entravision Communications Corp’s (EVC) latest financial statements, the Debt-to-Equity Ratio is 2.79%, indicating its reliance on debt financing relative to shareholder equity.
Entravision Communications Corp (EVC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Entravision Communications Corp. (EVC) effectively leverages its workforce, generating an average of -$118424.24 per employee. The company’s liquidity position is robust, with a Current Ratio of 1.74% and a Quick Ratio of 1.74%, indicating strong ability to cover short-term liabilities.
EVC Stock EPS
With the latest financial reports released by the company, Entravision Communications Corp posted -0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.04/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.06. 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 Corp [EVC] Institutonal Ownership Details
There are presently around $59.75%, or 79.68%% 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 10.35 million shares, which is approximately 11.5188%. GATE CITY CAPITAL MANAGEMENT, LLC, holding 8.98 million shares of the stock with an approximate value of $$18.23 million in EVC stocks shares; and GATE CITY CAPITAL MANAGEMENT, LLC, currently with $$13.32 million in EVC stock with ownership which is approximately 7.3074%.
