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What should you know before buying stock in Entravision Communications Corporation (EVC)

Entravision Communications Corporation (NYSE: EVC) is -25.37% lower on its value in year-to-date trading and has touched a low of $4.21 and a high of $9.34 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EVC stock was last observed hovering at around $5.08 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $14.00 for the next 12 months. It is also 66.27% off the consensus price target high of $15.00 offered by 3 analysts, but current levels are 56.0% higher than the price target low of $11.50 for the same period.

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Currently trading at $5.06, the stock is 9.63% and 5.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing -0.39% at the moment leaves the stock -18.20% off its SMA200. EVC registered -17.72% loss for a year compared to 6-month loss of -10.44%.

The stock witnessed a 7.89% gain in the last 1 month and extending the period to 3 months gives it a -9.48%, and is 10.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.60% over the week and 4.22% over the month.

Entravision Communications Corporation (EVC) has around 1094 employees, a market worth around $369.89M and $808.50M in sales. Current P/E ratio is 17.33 and Fwd P/E is 9.42. Profit margin for the company is 3.20%. Distance from 52-week low is 20.19% and -45.82% from its 52-week high. The company has generated returns on investments over the last 12 months (8.90%).

Entravision Communications Corporation (EVC) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Entravision Communications Corporation (EVC) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Entravision Communications Corporation is expected to release its quarterly report on 11/10/2022.The EPS is expected to grow by 817.80% this year.

Entravision Communications Corporation (EVC) Top Institutional Holders

The shares outstanding are 86.52M, and float is at 48.64M with Short Float at 3.43%.

Entravision Communications Corporation (EVC) Insider Activity

A total of 8 insider transactions have happened at Entravision Communications Corporation (EVC) in the last six months, with sales accounting for 0 and purchases happening 8 times. The most recent transaction is an insider purchase by ZEVNIK PAUL A,the company’sDirector. SEC filings show that ZEVNIK PAUL A bought 45,448 shares of the company’s common stock on May 19 at a price of $5.02 per share for a total of $0.23 million. Following the purchase, the insider now owns 0.28 million shares.

Entravision Communications Corporation disclosed in a document filed with the SEC on May 18 that ZEVNIK PAUL A (Director) bought a total of 91,164 shares of the company’s common stock. The trade occurred on May 18 and was made at $4.99 per share for $0.46 million. Following the transaction, the insider now directly holds 0.23 million shares of the EVC stock.

Still, SEC filings show that on May 17, ZEVNIK PAUL A (Director) acquired 63,388 shares at an average price of $4.98 for $0.32 million. The insider now directly holds 140,615 shares of Entravision Communications Corporation (EVC).

Entravision Communications Corporation (EVC): Who are the competitors?

The company’s main competitors (and peers) include Salem Media Group Inc. (SALM) that is trading 1.98% up over the past 12 months and Saga Communications Inc. (SGA) that is 7.92% higher over the same period.

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