Entercom Communications Corp. (NYSE:ETM) went up by 1.77% from its latest closing price when compared to the 1-year high value of $6.31 and move down -341.26%, while ETM stocks collected -12.42% of loss with the last five trading sessions. Press Release reported on 05/14/20 that Entercom Communications Reports First Quarter Results
Entercom Communications Corp. (NYSE:ETM) Worth an Investment?
Entercom Communications Corp. (NYSE: ETM) The 36 Months beta value for ETM stocks is at 1.48, while of the analysts out of 0 who provided ratings for Entercom Communications Corp. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $2.00 which is $0.37 above current price. ETM currently has a short float of 8.98% and public float of 114.18M with average trading volume of 2.11M shares.
ETM Market Performance
ETM stocks went down by -14.55% for the week, with the monthly drop of -23.37% and a quarterly performance of 0.00%, while its annual performance rate touched -77.26%. The simple moving average for the period of the last 20 days is -20.78% for ETM stocks with the simple moving average of -53.61% for the last 200 days.
Analysts’ Opinion on Entercom Communications Corp. (NYSE:ETM)
Many brokerage firms have already submitted their reports for ETM stocks, with B. Riley FBR repeating the rating for ETM shares by setting it to “Neutral”. The predicted price for ETM socks in the upcoming period according to B. Riley FBR is $1 based on the research report published on April 7, 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see ETM stock at the price of $1. The rating they have provided for ETM stocks is “Market Perform” according to the report published on September 24, 2019.
B. Riley FBR gave “Buy” rating to ETM stocks, setting the target price at $7.75 in the report published on April 18, 2019.
ETM Stocks -6.31% Far from 50 Day Moving Average
After a stumble in the market that brought ETM to its low price for the period of the last 52 weeks, Entercom Communications Corp. was unable to take a rebound, for now settling with -77.26% of loss for the given period.
The stock volatility was left at 11.27%, however, within the period of a single month, the volatility rate increased by 11.33%, while the shares sank at the distance of -29.85% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +39.60% upper at the present time.
In the course of the last 5 trading sessions, ETM went down by -12.42%, which changed the moving average for the period of 200 days to the total of -62.99% of losses for the stock in comparison to the 20-day moving average settled at $1.7815. In addition, Entercom Communications Corp. saw -69.61% in overturn over the period of a single year with a tendency to cut further losses.
ETM Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Entercom Communications Corp. (ETM), starting from FIELD JOSEPH M, who bought 200,000 shares at the price of $1.43 back on May 20. After this action, Rushing now owns 15,151,336 shares of Entercom Communications Corp., valued at $286,600 with the latest closing price.
FIELD JOSEPH M, the Chairman Emeritus of Entercom Communications Corp., bought 576,092 shares at the value of $1.35 during a trade that took place back on May 19, which means that FIELD JOSEPH M is holding 14,951,336 shares at the value of $778,876 based on the most recent closing price.
ETM Stock Fundamentals
The current profitability levels are settled at +18.37 for the present operating margin and +24.03 for gross margin. The net margin for Entercom Communications Corp. stands at -28.20. Total capital return value is set at 8.99, while invested capital returns managed to touch -13.92. Equity return holds the value -38.70%, with -11.00% for asset returns.
Based on Entercom Communications Corp. (ETM), the company’s capital structure generated 227.15 points for debt to equity in total, while total debt to capital is set at the value of 69.43. Total debt to assets is settled at the value of 52.68 with long-term debt to equity ratio rests at 2.54 and long-term debt to capital is 221.28.
The value for Enterprise to Sales is 1.76 with debt to enterprise value settled at 0.76. The receivables turnover for Entercom Communications Corp. is 4.13 with the total asset turnover at the value of 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.