EVC (Part of Media Pair Trade: NEWM/EVC)

Entravision Communications Corp

TMT


Presented:05/07/2015
Price:$6.40
Cap:N/A
Current Price:$2.08
Cap:$0.19B

Presented

Date05/07/2015
Price$6.40
Market CapN/A
Ent Value$0.85B
P/E Ratio20.6x
Book Value$1.71
Div Yield1.56%
Shares O/S87.78M
Ave Daily Vol270,000
Short Int1.98%

Current

Price$2.08
Market Cap$0.19B
Entravision Communications Corporation, operates as a diversified media company that utilizes a combination of television, radio, and digital media properties to reach Hispanic consumers in the United States and the border markets of Mexico. The company operates in three segments: Television Broadcasting, Radio Broadcasting, and Digital Media. It owns and operates television stations that broadcast drama shows, talk shows, novellas, entertainment magazines, news magazines, national news, specials, late news, children’s programs, sports, reality, comedy shows, and movies. The company also owns and operates radio stations that broadcast advertising, news, traffic, weather, promotions, and community events. In addition, it operates a proprietary technology and data platform that delivers digital advertising solutions in various advertising formats. As of December 31, 2014, the company owned and/or operated 58 primary television stations located primarily in California, Colorado, Connecticut, Florida, Kansas, Massachusetts, Nevada, New Mexico, Texas, and Washington, D.C.; and 49 operational radio stations consisting of 38 FM and 11 AM in 19 markets located primarily in Arizona, California, Colorado, Florida, Nevada, New Mexico, and Texas. Entravision Communications Corporation was founded in 1996 and is headquartered in Santa Monica, California.

Please note, this was presented as a pair trade, with Short - New Media Investment Group Inc (NEWM) being the other side. 

Publicly traded companies mentioned herein: Entravision Communications Corporation (EVC), New Media Investment Group Inc (NEWM)

Highlights

The presenter is long shares of Entravision Communications (EVC), the largest Hispanic TV broadcaster, and short New Media Investment Group (NEWM), the largest owner of smaller market newspapers in the US. EVC is exposed to favorable demographic trends, should benefit from the Presidential election, and has a potentially huge opportunity to monetize a portion of its spectrum in 2016.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.