Movers and SHAKERS
Entravision Communications (EVC)
A Strong Growth, Digital Media Company Below A Radio Multiple
Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television and radio operations to reach Hispanic consumers across the United States, as well as the border markets of Mexico. Entravision owns and/or operates 53 primary television stations and is the largest affiliate group of both the top-ranked Univision television network and Univision's TeleFutura network, with television stations in 20 of the nation's top 50 Hispanic markets. The Company also operates one of the nation's largest groups of primarily Spanish-language radio stations, consisting of 48 owned and operated radio stations.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Patrick McCann, Research Associate, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Strong finish to 2021. Q4 2021 revenue was $233.9 million, beating our forecast of $226.1 million. Adj. EBITDA was $32.5 million, beating our estimate of $30.3 million. All three of the company's segments contributed to the stronger than expected results.
Digital remains strong. Digital Media accounted for 76% of total company revenue. Digital cash flow margins also improved in 2021. Cash flow margins for the year were 6.7% compared with 4% in 2020 ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.