Sizzling Stock Alert: Entercom Communications Corp (ETM)

The stock has a market cap of $407.29, a P/E ratio of 3.86, a P/E/G ratio of 4.42 and a beta of 1.06. However the company reported $0.07 earnings per share for the same quarter during past year. The company has a debt-to-equity ratio of 1.23, a quick ratio of 2.21 and a current ratio of 2.21.

Analysts are expecting average earnings estimates of $0.11 for the current quarter based on the opinion of 2 analysts, relating to high earnings per share estimates of $0.12 and low estimates of $0.09, however Entercom Communications Corp (NYSE:ETM) reported $0.07 earnings per share for the same quarter previous year. Entercom Communications Corp. (NYSE:ETM) has declined 15.65% since March 10, 2017 and is downtrending. It has underperformed by 32.35% the S&P500.

Steve Cohen increased its stake in Alibaba Group Hldg Ltd (BABA) by 85.34% based on its latest 2017Q3 regulatory filing with the SEC. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. AXA now owns 19,800 shares of the company's stock worth $214,000 after buying an additional 5,200 shares during the last quarter. Investors who are keeping close eye on the stock of FormFactor, Inc. The stock decreased 0.10% or $0.01 during the last trading session, reaching $9.85. This information shouldn't be overlooked due to the greatly float size in the stock of 114.91M shares.

Investors sentiment increased to 1.5 in 2017 Q3. Its up 0.35, from 1.15 in 2017Q2.

A number of institutional investors and hedge funds have recently bought and sold shares of ETM. 25 funds opened positions while 32 raised stakes. Prudential Financial has invested 0% in Entercom Communications Corp. (NYSE:ETM) traded up $0.20 during mid-day trading on Friday, hitting $10.00. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.12). Manufacturers Life Ins Co The has 23,424 shares for 0% of their portfolio. (NYSE:ETM). Swiss Fincl Bank invested in 38,400 shares or 0% of the stock.

The performance of Entercom Communications Corp. Gruss Mgmt Lp holds 1.41M shares or 1.4% of its portfolio. Indiana-based Kirr Marbach Communication Limited Liability Com In has invested 0.09% in Entercom Communications Corp. Morgan Stanley owns 122,971 shares for 0% of their portfolio.

Entercom Communications Corporation (NYSE:ETM) had an increase of 17.52% in short interest. (NYSE:ETM) for 143,172 shares. Moors Cabot Inc has 0.11% invested in Entercom Communications Corp. Moreover, Swiss Bancshares has 0% invested in Entercom Communications Corp. (NYSE:ETM) for 4,798 shares.

Wall Street analysts are predicting that Entercom Communications Corp (NYSE:ETM) will report earnings per share of $0.11 in their quarterly report. Therefore 87% are positive. Proctor & Gamble had 78 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Monday, July 31 by Noble Financial. The firm has "Equal-Weight" rating by Stephens given on Friday, December 11. The firm has "Outperform" rating by Wells Fargo given on Tuesday, August 18. Noble Financial reaffirmed a "buy" rating on shares of Entercom Communications in a research report on Monday, November 27th.

Euclidean Technologies Management Llc, which manages about $111.78M and $104.46 million US Long portfolio, decreased its stake in Lear Corp (NYSE:LEA) by 1,800 shares to 13,907 shares, valued at $2.41 million in 2017Q3, according to the filing. Voya Investment Management LLC grew its stake in shares of Entercom Communications by 14.0% in the 2nd quarter.

Investors sentiment decreased to 1.26 in Q3 2017. Its down 0.12, from 0.94 in 2017Q2. Hemenway Tru Co Limited Liability Co invested in 142,706 shares or 2.71% of the stock. Savings Bank Hapoalim Bm reported 46,620 shares or 1.12% of all its holdings. Management Associate New York has 848 shares for 1.16% of their portfolio. Clear Harbor Asset Mngmt Limited Liability reported 15,533 shares stake. (NASDAQ:AMZN) for 18,551 shares. Qs holds 2,883 shares. Venator Cap Limited accumulated 9.79% or 827,361 shares. Aldebaran Inc has 2.36% invested in Amazon.com, Inc. Andra Ap has 0.63% invested in Visa Inc. (NASDAQ:AMZN). Night Owl Cap reported 15,156 shares.

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