Entravision Communications Corp which can be found using ticker (EVC) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 15 and 10.5 with the average target price sitting at $12.83. Given that the stocks previous close was at $6.37 and the analysts are correct then we can expect a percentage increase in value of 101.4%. Also worth taking note is the 50 day moving average now sits at $6.30 and the 200 day MA is $5.38. The market capitalization for the company is $636m. Company Website: https://www.entravision.com
The potential market cap would be $1,282m based on the market consensus.
Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics across acculturation levels and media channels. The company’s portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties. It also offers a suite of end-to-end digital advertising solutions, including digital commercial partnerships services, as well as advertising customers billing and technological and other support services, including strategic marketing and training; and Smadex, a programmatic ad purchasing platform that enables advertising customers or ad agencies to purchase advertising electronically and manage data-driven advertising campaigns through online marketplaces. In addition, the company provides a mobile growth solution, such as managed services to advertisers looking to connect with consumers on mobile devices; and digital audio advertising solutions for advertisers. Further, it sells advertisements and syndicated radio programming solutions through its Entravision radio network. The company operates various television stations; and Spanish-language radio stations. It serves advertisers from various industries, such as e-commerce, retail, entertainment, gaming, delivery services, financial technology, communications, lifestyle, and travel. Entravision Communications Corporation was founded in 1996 and is headquartered in Santa Monica, California.
The company has a dividend yield of 3.2% with the ex dividend date set at 15-3-2023 (DMY).
Other points of data to note are a P/E ratio of 29.76, revenue per share of 11.2 and a 4.78% return on assets.
