Shares of Entravision Communication (NYSE:EVC) have been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $7.00.

EVC has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Entravision Communication from a “hold” rating to a “sell” rating in a report on Monday. Noble Financial reiterated a “buy” rating on shares of Entravision Communication in a report on Friday, November 3rd.

A number of hedge funds have recently modified their holdings of EVC. American Century Companies Inc. boosted its holdings in Entravision Communication by 28.8% in the third quarter. American Century Companies Inc. now owns 6,409,824 shares of the company’s stock worth $36,536,000 after purchasing an additional 1,432,579 shares during the last quarter. OxFORD Asset Management LLP boosted its holdings in Entravision Communication by 188.8% in the third quarter. OxFORD Asset Management LLP now owns 472,537 shares of the company’s stock worth $2,717,000 after purchasing an additional 308,928 shares during the last quarter. Deprince Race & Zollo Inc. boosted its holdings in Entravision Communication by 19.9% in the third quarter. Deprince Race & Zollo Inc. now owns 1,806,040 shares of the company’s stock worth $10,294,000 after purchasing an additional 299,936 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Entravision Communication by 7.5% in the second quarter. Dimensional Fund Advisors LP now owns 3,099,485 shares of the company’s stock worth $20,457,000 after purchasing an additional 215,270 shares during the last quarter. Finally, Suntrust Banks Inc. purchased a new stake in Entravision Communication in the second quarter worth approximately $1,298,000. Institutional investors own 59.59% of the company’s stock.

Shares of Entravision Communication (NYSE EVC) opened at $7.05 on Thursday. The firm has a market cap of $643.52, a PE ratio of 3.79 and a beta of 1.64. The company has a quick ratio of 6.93, a current ratio of 6.93 and a debt-to-equity ratio of 0.83. Entravision Communication has a fifty-two week low of $4.90 and a fifty-two week high of $7.90.

Entravision Communication (NYSE:EVC) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $1.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $1.69. The business had revenue of $70.60 million for the quarter, compared to analysts’ expectations of $70.43 million. Entravision Communication had a net margin of 31.96% and a return on equity of 75.49%. The business’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.06 earnings per share. equities analysts expect that Entravision Communication will post 0.09 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Thursday, December 14th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend was Wednesday, December 13th. Entravision Communication’s dividend payout ratio is currently 10.75%.

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Entravision Communication 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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