Many Entravision Communications Corporation(EVC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Entravision Communication was Downgraded by Wedbush on Jan 17, 2017 to Neutral, Lowers Price Target to $ 7 from a previous price target of $9 .
Company has reported several Insider transactions to the SEC, on May 27, 2016, Mario M. Carrera (Chief Revenue Officer) sold 6,005 shares at 8.14 per share price.On Jan 6, 2016, Christopher T Young (CFO) sold 9,400 shares at 7.28 per share price.On Jan 6, 2016, Liberman A Jeffery (Chief Operating Officer) sold 9,175 shares at 7.28 per share price.
Entravision Communication Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.06 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.10. The company had revenue of $65.30 million for the quarter, compared to analysts expectations of $70.14 million. The companys revenue was down -5.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.10 EPS.
Entravision Communications Corporation (NYSE:EVC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 2 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Entravision Communications Corporation (NYSE:EVC): The mean short term price target for Entravision Communications Corporation (NYSE:EVC) has been established at $7.25 per share. The higher price target estimate is at $8 and the lower price target estimate is expected at $7 according to 2 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0.35
Tuesdays trading session turned out to be a no-profit no-loss event for Entravision Communications Corporation (NYSE:EVC). The opening trade occurred at $5.35 and the highest and the lowest points of the day were $5.45 and $5.3 respectively. The final trade was registered at $5.35 and the volume by the end of the day had touched 835,341 shares. The 52-week high of the stock is $8.31 and the 52-week low is $4.9. According to the current valuation, the market cap of the company is $480 million and the total number of shares available in public circulation is 89,681,521.
Entravision is a diversified media company utilizing a combination of television, radio, outdoor and publishing operations to reach Hispanic consumers in the United States. The company is the largest Univision-affiliated television group in the United States. It owns Univision-affiliated stations in 17 of the top 50 Hispanic markets in the United States. Also, the company operates the largest centrally programmed Spanish-language radio network. The company produces seven formats to appeal to the diverse musical tastes of the listeners.