Is Entravision Communications Corp. (EVC) positioned for future growth?

With 0.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.47 million shares. During the session, the Advertising Agencies company that operates in wider Communication Services sector, reached to the highest price of $1.885 whereas the lowest price it dropped to was $1.74. The 52-week range on EVC shows that it touched its highest point at $4.41 and its lowest point at $1.33 during that stretch. It currently has a 1-year price target of $3.50. With its current market cap of 165.10 million, EVC has annualized dividend of $0.20 while the current yield stands at 10.87%. Beta for the stock currently stands at 1.05.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EVC was down-trending over the past week, with a drop of -4.66%, but this was down by -9.36% over a month. Three-month performance dropped to -15.98% while six-month performance fell -52.94%. The stock lost -50.40% in the past year, while it has lost -55.88% so far this year.

Float and Shares Shorts:

At present, 80.15 million EVC shares are outstanding with a float of 60.94 million shares on hand for trading. On 2024-07-15, short shares totaled 1.42 million, which was 158.00001 higher than short shares on 1718323200. In addition to Mr. Michael J. Christenson as the firm’s CEO & Director, Mr. Jeffery A. Liberman serves as its President & COO.

Institutional Ownership:

Through their ownership of 0.61293 of EVC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, EVC reported revenue of $277445000.0 and operating income of -$7432000.0. The EBITDA in the recently reported quarter was $831000.0 and diluted EPS was -$0.55.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EVC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.