Entercom Communications Corp (ETM) Files 10-K for the Fiscal Year Ended on December 31, 2017

Entercom Communications Corp (ETM, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Entercom Communications Corp is a radio broadcasting company in the United States. It operates a nationwide portfolio more than 100 radio stations in over 20 markets in the United States. Entercom Communications Corp has a market cap of $1.42 billion; its shares were traded at around $10.00 with a P/E ratio of 3.89 and P/S ratio of 0.85. The dividend yield of Entercom Communications Corp stocks is 3.30%. Entercom Communications Corp had annual average EBITDA growth of 1.70% over the past five years.

For the last quarter Entercom Communications Corp reported a revenue of $246.6 million, compared with the revenue of $120.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $592.9 million, an increase of 28.8% from last year. For the last five years Entercom Communications Corp had an average revenue growth rate of 8.3% a year.

The reported diluted earnings per share was $4.37 for the year, an increase of 380.2% from previous year. Over the last five years Entercom Communications Corp had an EPS growth rate of 50.6% a year. The Entercom Communications Corp had an operating margin of 2.12%, compared with the operating margin of 21.31% a year before. The 10-year historical median operating margin of Entercom Communications Corp is 20.78%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Entercom Communications Corp has the cash and cash equivalents of $34.2 million, compared with $46.8 million in the previous year. The long term debt was $1.9 billion, compared with $467.7 million in the previous year. Entercom Communications Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $10.00, Entercom Communications Corp is traded at close to its historical median P/S valuation band of $10.90. The P/S ratio of the stock is 0.85, while the historical median P/S ratio is 0.93. The stock lost 27.47% during the past 12 months.

Directors and Officers Recent Trades:

  • Chairman Emeritus Joseph M Field bought 300,000 shares of ETM stock on 03/16/2018 at the average price of $9.98. The price of the stock has increased by 0.2% since.
  • Chairman Emeritus Joseph M Field bought 500,000 shares of ETM stock on 03/13/2018 at the average price of $9.92. The price of the stock has increased by 0.81% since.

For the complete 20-year historical financial data of ETM, click here.