What’s Next for Entravision Communications Corporation (EVC) After Today’s Huge Increase?

February 13, 2018 - By Louis Casey

Investors sentiment increased to 1.88 in 2017 Q3. Its up 0.58, from 1.3 in 2017Q2. It improved, as 7 investors sold Entravision Communications Corporation shares while 26 reduced holdings. 22 funds opened positions while 40 raised stakes. 52.78 million shares or 2.20% more from 51.65 million shares in 2017Q2 were reported.
Gsa Limited Liability Partnership invested 0.01% of its portfolio in Entravision Communications Corporation (NYSE:EVC). Parametric Portfolio Associates Ltd Co holds 0% of its portfolio in Entravision Communications Corporation (NYSE:EVC) for 14,759 shares. Highbridge Cap Management Ltd owns 10,394 shares. Tower Research Ltd Llc (Trc) stated it has 9,037 shares. Bnp Paribas Arbitrage invested in 0% or 6,087 shares. Malaga Cove Capital Limited Liability Corp, California-based fund reported 24,300 shares. Los Angeles Cap & Equity Research has 0% invested in Entravision Communications Corporation (NYSE:EVC). Mufg Americas Corp owns 2,122 shares. First Foundation holds 0.04% or 125,000 shares in its portfolio. Amer Grp stated it has 44,410 shares or 0% of all its holdings. American Century Cos Inc holds 0.04% of its portfolio in Entravision Communications Corporation (NYSE:EVC) for 6.41M shares. National Bank Of Mellon holds 0% or 525,685 shares in its portfolio. Alphaone Invest Services Limited Liability Corporation invested in 0.54% or 353,760 shares. Old Retail Bank In accumulated 24,199 shares or 0.01% of the stock. Northern Tru Corp owns 802,789 shares.

The stock of Entravision Communications Corporation (NYSE:EVC) is a huge mover today! The stock increased 3.10% or $0.2 during the last trading session, reaching $6.65. About 194,362 shares traded. Entravision Communications Corporation (NYSE:EVC) has declined 18.49% since February 13, 2017 and is downtrending. It has underperformed by 35.19% the S&P500.
The move comes after 7 months positive chart setup for the $598.53M company. It was reported on Feb, 13 by Barchart.com. We have $6.92 PT which if reached, will make NYSE:EVC worth $23.94 million more.

Analysts await Entravision Communications Corporation (NYSE:EVC) to report earnings on March, 1. They expect $-0.02 EPS, down 125.00 % or $0.10 from last year’s $0.08 per share. After $1.71 actual EPS reported by Entravision Communications Corporation for the previous quarter, Wall Street now forecasts -101.17 % negative EPS growth.

Entravision Communications Corporation (NYSE:EVC) Ratings Coverage

Among 3 analysts covering Entravision Communications (NYSE:EVC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Entravision Communications had 8 analyst reports since September 16, 2015 according to SRatingsIntel. Macquarie Research maintained it with “Hold” rating and $700 target in Monday, July 24 report. As per Thursday, August 3, the company rating was maintained by Noble Financial. The stock of Entravision Communications Corporation (NYSE:EVC) has “Neutral” rating given on Wednesday, April 19 by Macquarie Research. On Friday, November 3 the stock rating was maintained by Noble Financial with “Buy”. Wedbush downgraded the shares of EVC in report on Tuesday, January 17 to “Neutral” rating. As per Monday, October 12, the company rating was upgraded by Wedbush.

More notable recent Entravision Communications Corporation (NYSE:EVC) news were published by: Labusinessjournal.com which released: “Entravision Communications Corp. Acquires Palm Springs TV Stations” on July 21, 2017, also Prnewswire.com with their article: “Entravision Communications Corporation Launches New Format and Enhances …” published on January 10, 2018, Prnewswire.com published: “Pre-Market Technical Scan on TV Broadcasters Equities — Entravision …” on February 02, 2018. More interesting news about Entravision Communications Corporation (NYSE:EVC) were released by: Prnewswire.com and their article: “Entravision Communications Corporation to Host Fourth Annual “Noche de Locura …” published on November 10, 2017 as well as Prnewswire.com‘s news article titled: “Entravision Communications Corporation Reports First Quarter 2017 Results” with publication date: May 04, 2017.

Entravision Communications Corporation operates as a media firm that reaches and engages Hispanics across media channels and advertising platforms in the United States and certain border markets of Mexico. The company has market cap of $598.53 million. The firm operates through three divisions: Television Broadcasting, Radio Broadcasting, and Digital Media. It has a 3.59 P/E ratio. It owns and operates television stations that broadcast drama shows, talk shows, novelas, entertainment magazines, news magazines, national news, specials, late news, children's programs, sports, reality, comedy shows, and movies.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: