Previously Entercom Communications Corp (NYSE:ETM) reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.02 with surprise factor of 9.1%. The company has built a highly consolidated portfolio of radio stations concentrated primarily in top 50 markets with above average growth characteristics. During the same period in the prior year, the company posted $0.27 earnings per share. analysts predict that Entercom Communications Corp. will post 0.93 EPS for the current fiscal year. About 795,579 shares traded or 14.47% up from the average. Vectrus, Inc. (NYSE:VEC) has risen 23.72% since February 4, 2017 and is uptrending. It has outperformed by 7.11% the S&P500. Entercom Communications Corp. (NYSE:ETM) presently has a 10 month price index of 0.78500. Following the purchase, the insider now owns 1,823,072 shares of the company's stock, valued at approximately $21,147,635.20.
Entercom Communications Corp. (ETM) is estimating to achieve earnings per share (EPS) growth of 25.50% for this year while EPS growth expected to touch 72.00% for next year.
Entercom Communications Corp (NYSE:ETM) as of current trade, has shown weekly performance of -10.36% which was maintained at -9.55% in one month period. It has underperformed by 32.35% the S&P500. The firm attains analyst recommendation of 2.00 on scale of 1-5 with week's performance of -3.65%. Therefore 42% are positive. Liberty Property Trust had 22 analyst reports since October 28, 2015 according to SRatingsIntel. The firm has "Buy" rating by Rodman & Renshaw given on Tuesday, February 16. ValuEngine downgraded Entercom Communications from a "buy" rating to a "hold" rating in a report on Sunday, December 31st. The stock of Vectrus, Inc. (NYSE:VEC) earned "Buy" rating by Drexel Hamilton on Thursday, May 11. The firm has "Buy" rating given on Friday, June 17 by Citigroup. On Monday, April 3 the stock rating was maintained by Jefferies with "Hold". (NYSE:OKE) has "Equal-Weight" rating given on Wednesday, July 5 by Morgan Stanley. The firm earned "Hold" rating on Monday, June 19 by RBC Capital Markets. As per Friday, November 20, the company rating was maintained by Mizuho. The 1 year EPS growth rate is 110.00%. (NYSE:ETM) for 3,294 shares.
Investors sentiment increased to 1.5 in 2017 Q3. Bank of Montreal Can boosted its holdings in Entercom Communications Corporation by 31,901.0% in the 1st quarter. It improved, as 15 investors sold ETM shares while 23 reduced holdings.
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Gp, Pennsylvania-based fund reported 1.12 million shares. Hotchkis Wiley Mngmt Limited has 0% invested in Entercom Communications Corp. Huntington Bancorporation owns 1,131 shares or 0% of their USA portfolio. Mariner Wealth Advsr Lc invested 0.13% of its portfolio in ONEOK, Inc. (NYSE:ETM) for 120,000 shares. Bnp Paribas Arbitrage invested 0.04% of its portfolio in ONEOK, Inc. NYSE:ETM is -2.44798. This number is calculated by looking at the sum of the dividend yield plus percentage of sales repurchased and net debt repaid yield. Jpmorgan Chase & has 0.02% invested in Fiserv, Inc. (NYSE:OKE). Creative Planning has invested 0.05% in ONEOK, Inc.
Technical investors may be checking certain levels on Yonder And Beyond Group Limited (YNB.AX) shares. 928,335 were reported by Alps Advsrs. (NASDAQ:FISV) or 3,439 shares. Williams Jones & Associates Ltd Liability Com reported 34,600 shares. Boys Arnold And Inc reported 11,352 shares. Panagora Asset Management Inc owns 0% invested in Entercom Communications Corp. Gamco Invsts Et Al reported 130,700 shares or 0.01% of all its holdings.
The consensus recommendation, according to Zacks Investment research, is 1.67. Therefore 50% are positive. Entercom Communications had 5 analyst reports since August 18, 2015 according to SRatingsIntel. With that said, researchers took a deep dive into the hotly debated question: is it too late to buy Entercom Communications Corp. Noble Financial reaffirmed a "buy" rating on shares of Entercom Communications in a research report on Monday, November 27th.
- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
Eagles fans celebrate Super Bowl LII victory
The February 4th final of this year's game witnessed a close fight with the Philadelphia Eagles edging out New England Patriots. Super Bowl LI in 2017 on Fox drew a 48.8 rating, meaning this year is down just three percent in that measure from last year.
Wes Anderson's Isle of Dogs get a motion poster
Isle of Dogs is scheduled for release in USA cinemas on March 23, 2018, with an worldwide release date set for April 2018. The film will open Berlin's worldwide film festival on 15 February - the first time an animated movie has done so.
Precision Drilling (TSE:PD) PT Raised to C$7.00
The stock of Precision Drilling Corporation (NYSE:PDS) has "Overweight" rating given on Friday, January 6 by Piper Jaffray. The business is scheduled to issue its next quarterly earnings report before the market opens on Thursday, February 15th.