The Thing About Entercom Communications Corp. (ETM) Growth

    Neely Susan K, Director, added 7,000 shares of Entercom Communications Corp. (ETM) to its portfolio at the rate of $3.53 per share valuing $24,695 on Aug 14. The insider has now 34,223 shares of the company to its portfolio. Currently, the 1st Resistance Point for this stock is $4.86, with a 2nd Resistance Point sitting at $4.93. Meanwhile, this company’s stock has a 1st Support Level at $4.64 and a 2nd Support Level at $4.49. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Entercom Communications Corp. (ETM) was $4.78. Entercom Communications Corp. (ETM) stock has gained $0.04, or 1.49%, in the past five days. In the last full month, these shares have gained $1.15, or 31.68%. In the past three months, this stock’s price has risen by $1.38, or 40.59%. This year-to-date, Entercom Communications Corp. (ETM) shares have lost -$0.93, or -16.29%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Entercom Communications Corp. (ETM) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .”

    With 137,628 K shares outstanding, this company currently has a market capitalization of $657,862K. Entercom Communications Corp. (ETM) generates $1,463 M in annual sales, amounting to annual net income of -$361,440 K. This stock has generated a 1-Year Total Return of -28.44%, a 3-Year Total Return of -70.13%, and a 5-year Total Return of -56.82%. This stock’s 5-Year Dividend Growth is 0.00%, with its most recent dividend valued at $0.020 per share on 11/27/19. Its Annual Dividend Yield is 1.67%, and its Annual Dividend Rate is 0.08.

    In the most recently-reported fiscal quarter, which ended in 09/19, Entercom Communications Corp. (ETM) reported earnings of $0.28 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.24 per share, representing a 0.04 difference and 16.67% surprise. In the previous quarter ending in 06/19, the reported earnings of $0.19 represented a -0.09 difference from the consensus estimate calling for $0.28 per share, which was a -32.14% surprise.

    For the current fiscal quarter, which is set to end in 12/2019, the average earnings estimate is $0.37 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was $0.37 and the low estimate was $0.37. In the year-ago quarter, Entercom Communications Corp. (ETM) generated per-share earnings of $0.35. If the analysts are correct about the current quarter’s earnings, the growth will be +5.71%.

    Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 1 sale (35,650 shares in total) in the last 3 months. In the last 6 months, there have been 13 insider buys amounting to 1,062,676 shares and 1 insider sales amounting to 35,650 shares. In the past full year, 47 insider purchases were made (involving 3,414,213 shares) and 19 insider sell-offs equivalent to 212,850 shares.

    Moving onto liquidity, Entercom Communications Corp. (ETM) has a Current Ratio of 3.13, a Quick Ratio of 3.13 and a Cash Ratio of 1.08. Looking at this company’s capital structure, its Total Debt to Total Equity is 140.32, its Total Debt to Total Capital is 58.39, and its Total Debt to Total Assets is now 45.41. Looking even further ahead into the future, its Long-Term Debt to Equity is 2.45 and its Long-Term Debt to Total Capital is 140.32.