Analyst Buzz: Entercom Communications Corp. (NYSE:ETM)


Entercom Communications Corp. (NYSE:ETM) currently has a “Hold” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Entercom Communications Corp. (NYSE:ETM) lost -2.21 Percent and closed its previous trading session at $11.05. The stock traded with the average Volume of 3.65 Million at the end of last session.

Entercom Communications Corp. (NYSE:ETM) has the Market Capitalization of 1.59 Billion. The Stock has its 52-week High of $16.55 and 52-Week Low of $ 9.45 and it touched its 52-week high on 02/02/17 and 52-Week Low on 08/07/17.

The company reported its last earnings Actual EPS of $0.24/share. While, the analyst predicted that the company could provide an EPS of $0.22/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.02/share which shows an Earnings Surprise of 9.1 Percent.

Several analysts are forecasting growth estimate of Entercom Communications Corp. for the current quarter to be -3%. Their projections for the Next Quarter growth is 14.3 percent. While for the Next 5 years, the company could expect a growth of 2% per annum, whereas in the past Five years Entercom Communications Corp. (NYSE:ETM) showed a growth of 3.92 Percent per annum.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -3.41% where SMA50 and SMA200 are -3.54% and -2.33% respectively.

The company shows its Return on Assets (ROA) value of 1%. The Return on Equity (ROE) value stands at 2.5%. While it’s Return on Investment (ROI) value is 8.1%.

Entercom Communications Corp. (NYSE:ETM) currently has a Weekly Volatility of 4.67% percent while its Monthly Volatility is at 4.58% percent. While talking about Performance of the Stock, Entercom Communications Corp. currently has a Weekly performance of -8.68%, monthly performance percentage is 3.76 percent, Quarterly performance is 6.25 percent, 6 months performance shows a percent value of 11.61% and Yearly Performance is -27.74 percent.

Company Profile:

Entercom Communications is the fourth largest radio broadcasting company in the United States. The company has built a highly consolidated portfolio of radio stations concentrated primarily in top 50 markets with above average growth characteristics. The company’s portfolio of radio stations is geographically diverse and offers a wide variety of programming formats. The company believes that geographic diversity will reduce the effect of economic downturn, while wide range of programming formats lessens the impact of changes in listening preferences.