Entravision Communications Corporation (NYSE:EVC) Receives Media Sentiment Score of 0.22
News stories about Entravision Communications Corporation (NYSE:EVC) have trended somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Entravision Communications Corporation earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.0693012994368 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Entravision Communications Corporation (NYSE:EVC) Position Maintained by Parkwood LLC (footballhebdo.com)
- Entravision Communications Corporation (NYSE:EVC) Reviewed By Analysts (topactu.net)
- Entravision Communications Corporation (EVC) Shares Bought by Prudential Financial Inc (ismboard.com)
- Entravision Communications Corp (NYSE:EVC) Experiences Heavier than Average Trading Volume (overnewsmagazine.com)
- Entravision Communications Corp (NYSE:EVC) Sees Unusual Trading Volume in Its Shares (campdesrecrues.com)
A number of research analysts have recently weighed in on the stock. BidaskClub cut shares of Entravision Communications Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday. Macquarie reissued a “hold” rating and set a $7.00 price objective on shares of Entravision Communications Corporation in a research note on Monday, July 24th. Noble Financial reissued a “buy” rating on shares of Entravision Communications Corporation in a research note on Thursday, August 3rd. Finally, Zacks Investment Research cut shares of Entravision Communications Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, June 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $7.00.
Entravision Communications Corporation (NYSE EVC) traded up 2.59% during mid-day trading on Friday, reaching $5.95. 370,815 shares of the company’s stock traded hands. The company has a market capitalization of $393.53 million, a price-to-earnings ratio of 27.05 and a beta of 1.50. The company has a 50-day moving average of $6.50 and a 200-day moving average of $6.03. Entravision Communications Corporation has a 52-week low of $4.90 and a 52-week high of $7.89.
Entravision Communications Corporation (NYSE:EVC) last released its earnings results on Wednesday, August 2nd. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by $0.01. Entravision Communications Corporation had a net margin of 7.03% and a return on equity of 10.05%. The business had revenue of $70.51 million for the quarter, compared to analyst estimates of $67.59 million. During the same period in the prior year, the company earned $0.06 earnings per share. The firm’s revenue for the quarter was up 8.8% on a year-over-year basis. Equities research analysts expect that Entravision Communications Corporation will post $0.15 EPS for the current year.
Entravision Communications Corporation announced that its board has initiated a share buyback plan on Wednesday, August 2nd that permits the company to buyback $15.00 million in outstanding shares. This buyback authorization permits the company to reacquire up to 2.6% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board of directors believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 14th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, September 13th. This is a positive change from Entravision Communications Corporation’s previous quarterly dividend of $0.03. This represents a $0.20 annualized dividend and a yield of 3.36%. Entravision Communications Corporation’s dividend payout ratio is currently 61.90%.
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Entravision Communications Corporation Company Profile
Entravision Communications Corporation is a media company. The Company reaches and engages Hispanics in the United States and certain border markets of Mexico across media channels and advertising platforms. The Company operates through three segments: television broadcasting, radio broadcasting and digital media.
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