Q4 2016 Investment in Entravision Communications Co. Demonstrates Exchange Traded Concepts LLC’s Optimism Despite Difficult Year
April 6, 2023
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Entravision operates as a diversified Spanish-language media company in the United States, Mexico and other parts of Latin America. It owns and operates radio and television stations, as well as publishes digital media content, targeting Hispanic audiences. This exchange-traded fund (ETF) is designed to provide investors with a diverse portfolio by focusing on growth and value companies within the sector. The investment in Entravision is just one of the many ways Exchange Traded Concept LLC is seeking to add value to its portfolio.
This optimism is a testament to the resilience of Entravision’s business model and its ability to adapt to changing market conditions. With an experienced management team and a strong presence in key markets, Entravision Communications ($NYSE:EVC) is well-positioned for continued success in the future.
Stock Price
The stock opened at $5.9 and closed at $6.0, up by 2.9% from the prior closing price of $5.9. This increase in stock price indicates that Exchange Traded Concepts LLC is confident in Entravision’s future performance, despite the challenges that the media industry has faced in recent years. With this infusion of capital, Entravision can continue to expand its range of media and communications services, capitalize on new opportunities, and remain competitive in the ever-changing media landscape. 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 |
| 956.21 | 18.12 | 3.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Entravision Communications. More…
| Operations | Investing | Financing |
| 78.92 | -60.49 | -92.82 |
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 |
| 880.84 | 595.47 | 3.13 |
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 |
| 51.8% | 33.7% | 4.5% |
| FCF Margin | ROE | ROA |
| 7.1% | 9.9% | 3.0% |
Analysis
At GoodWhale, we understand that analyzing the financials of companies can be a difficult process. That’s why we are here to help you analyze the financials of ENTRAVISION COMMUNICATIONS. After running our analysis, we determined that ENTRAVISION COMMUNICATIONS is a medium risk investment based on its financial and business aspects. We want to make sure that you are aware of any risks associated with ENTRAVISION COMMUNICATIONS, so we have identified two risk warnings in its income sheet and balance sheet. If you want to learn more about these risk warnings, register with us and we will provide you with detailed information. More…
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
Exchange Traded Concepts LLC invested in Entravision Communications Co. (EVC) during the fourth quarter of 2016, despite EVC facing a challenging financial year. EVC is a leading global media and advertising technology company, with an integrated portfolio of multimedia assets across television, radio, digital and out of home advertising. The investment from Exchange Traded Concepts LLC is a sign that EVC is still a strong and reliable investment option in spite of the challenging year. Exchange Traded Concepts LLC will be looking for positive returns on their investment as EVC continues to grow and evolve.
Analysts have predicted that EVC’s current financial position signals potential upside over the next year. With a strong management team and a comprehensive suite of media assets, EVC is well-positioned to benefit from further growth in the media and advertising markets.
