Allspring Global Investments Holdings LLC Sells 4423 Shares of Entravision Communications Co.
January 30, 2023
Trending News ☀️
Entravision Communications ($NYSE:EVC) Co. (NYSE: EVC) has had 4423 of its shares sold by Allspring Global Investments Holdings LLC. This sale was disclosed in a document filed with the SEC. The disclosure for this sale can be found here. ENTRAVISION COMMUNICATIONS is a leading media company that reaches and engages U.S. Latinos across multiple platforms and devices. They own and operate television, radio and digital properties that deliver content and advertising solutions to their audience in the United States and around the world.
Additionally, they own and operate Entravision Solutions, a multi-platform advertising and marketing services agency targeting U.S. Latinos.
Price History
On Thursday, the ENTRAVISION COMMUNICATIONS stock opened at 6.3 and closed at the same price, up by 1.0% from the previous closing price. The company is engaged in the media business, including the ownership and operation of radio and television stations, as well as the distribution of content through its digital media platforms. The company has a portfolio of radio, television and digital media properties that are strategically positioned to reach high-growth Hispanic markets in the United States, Mexico and other countries in Latin America. Entravision also produces and distributes a wide variety of programming content across its media platforms and networks. The company has a long history of providing quality content and programming to its audiences, and has developed relationships with leading programming and content providers.
Additionally, the company has developed strong relationships with advertising agencies and companies seeking to reach the growing Hispanic market in the U.S. and abroad. This trend is expected to continue as investor confidence in the company’s potential remains strong. As a result, investors may want to consider buying into Entravision Communications Co. as a long-term investment, given its impressive track record and potential for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Entravision Communications. More…
| Total Revenues | Net Income | Net Margin |
| 893.77 | 23.61 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Entravision Communications. More…
| Operations | Investing | Financing |
| 83.77 | 17.27 | -16.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Entravision Communications. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 840.2 | 584.91 | 3.01 |
Key Ratios Snapshot
Some of the financial key ratios for Entravision Communications are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 46.4% | 21.5% | 8.0% |
| FCF Margin | ROE | ROA |
| 8.7% | 11.6% | 3.5% |
VI Analysis
Entravision Communications Corporation is a company that specializes in media and entertainment services. Understanding the fundamentals of this company is key to assessing its long term potential. Luckily, the VI app has made this process simple by providing an overall risk rating for the company. According to the app, Entravision Communications Corporation is rated as medium risk in terms of financial and business aspects. The app has also identified two risk warnings in the company’s income sheet and balance sheet. The income sheet warning is related to revenue growth and profitability, while the balance sheet warning is related to the company’s debt-to-equity ratio. Overall, Entravision Communications Corporation is a medium risk investment according to the VI app. Further research into the company’s income and balance sheet can help investors understand the potential risks associated with investing in the company. Investors should also take into account the company’s long-term prospects, as well as its competitive environment, before making their final decision. More…
VI Peers
In the world of media and broadcasting, competition is fierce. Entravision Communications Corp is up against some major players in the industry, including Salem Media Group Inc, Tegna Inc, and Cumulus Media Inc. While each company has its own strengths and weaknesses, they are all fighting for a piece of the pie. Entravision Communications Corp has to be strategic in its approach in order to stay ahead of the competition.
– Salem Media Group Inc ($NASDAQ:SALM)
Salem Media Group, Inc. operates as a multi-media company in the United States. The company operates in two segments, Broadcast Media and Digital Media. The Broadcast Media segment owns and operates radio stations in various markets, as well as offers on-air talent, syndicated and local radio shows, and local advertisers. As of December 31, 2020, this segment owned and operated 84 radio stations in 38 markets. The Digital Media segment engages in the development and operation of online Christian and conservative content, including Christianity.com, GodTube.com, OnePlace.com, Crosswalk.com, BibleStudyTools.com, GodVine.com, ChurchLeadership.com, and ChristianJobs.com. This segment also operates SalemSurveys.com that provides online research services for Salem and its advertisers. Salem Media Group, Inc. was founded in 1985 and is headquartered in Camarillo, California.
– Tegna Inc ($NYSE:TGNA)
Tegna Inc is a publicly traded company with a market cap of 4.24B as of 2022. The company’s Return on Equity is 20.09%. Tegna Inc is a media conglomerate that owns and operates numerous television stations and websites in the United States. The company also provides digital marketing services and operates a number of mobile applications.
– Cumulus Media Inc ($NASDAQ:CMLS)
Cumulus Media Inc is a radio broadcasting company that owns and operates radio stations across the United States. The company has a market cap of 138.56M as of 2022 and a Return on Equity of 16.7%. Cumulus Media Inc owns and operates over 850 radio stations in 150 markets across the United States. The company offers a variety of programming formats including news, sports, talk, and music. Cumulus Media Inc is headquartered in Atlanta, Georgia.
Summary
The sale indicates a bullish sentiment towards the stock, and media coverage of the company has generally been positive. For investors considering adding Entravision Communications to their portfolios, it is important to understand the company’s financials and its competitive advantages. Entravision Communications has an established market presence in radio, television, and digital media, allowing them to generate a steady stream of revenue across multiple channels. Investing in Entravision Communications may be a good option for those looking for a stable long-term investment with a large reach.
