EF Hutton cuts price target for Entravision Communications

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Entravision Communications Intrinsic Value – ENTRAVISION COMMUNICATIONS ($NYSE:EVC) is a Spanish-language media company in the United States. The company owns and operates television and radio stations across the country. EF Hutton Acquisition Co. has lowered Entravision Communications’ price target to $13.00.

This is due to the company’s recent acquisition of KVEA, a television station in Los Angeles. The acquisition is expected to be accretive to earnings per share in the first year.

Share Price

On Tuesday, shares of Entravision Communications Corporation opened at $5.30 and closed at $5.00, down 4.5% from its previous closing price of $5.30. So far, news coverage of the stock has been mostly mixed. Some analysts remain bullish on the stock, citing its strong position in the Spanish-language media market.

However, others are concerned about the company’s declining advertising revenues and recent string of losses. Given the uncertain outlook for the company, it remains to be seen if this discount will narrow or widen in the coming weeks.

VI Analysis – Entravision Communications Intrinsic Value Calculator

The intrinsic value of a stock is its true underlying value, which takes into account all relevant factors including a company’s financial health, earnings potential, and growth prospects. The VI Line is a tool that calculates the intrinsic value of a stock based on these factors. Based on the VI Line, the intrinsic value of ENTRAVISION COMMUNICATIONS stock is around $6.7.

However, the stock is currently traded at $5.0, which means it is undervalued by 25%. Investors may want to consider buying ENTRAVISION COMMUNICATIONS stock at its current price, as it may be a bargain. However, it is important to do your own research to make sure the company is a good long-term investment.

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

If you’re looking for a media stock that’s flying under the radar, Entravision Communications might be worth a closer look. The company owns and operates television and radio stations across the U.S., as well as digital media properties. What makes Entravision an interesting investment proposition is its focus on the Hispanic market. The company’s stations target Spanish-speaking audiences in key markets such as Los Angeles, Miami, and New York. Entravision is well-positioned to benefit from the growing Hispanic population in the United States. This represents a huge opportunity for media companies that cater to this demographic.

The other thing to like about Entravision is its diversified business model. In addition to its traditional media properties, the company also owns a significant stake in Univision, the leading Spanish-language television network in the country. This gives Entravision a valuable asset in the fast-growing Hispanic market. So if you’re looking for a media stock that could be a big winner in the years ahead, Entravision Communications is worth a closer look.