Entercom Communications Corp (ETM) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Mar 03, 2020
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Entercom Communications Corp (ETM, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. 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 $472.780 million; its shares were traded at around $3.53 with and P/S ratio of 0.33. The dividend yield of Entercom Communications Corp stocks is 6.23%. GuruFocus has detected 2 severe warning signs with Entercom Communications Corp. .

For the last quarter Entercom Communications Corp reported a revenue of $414.1 million, compared with the revenue of $411.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.5 billion, an increase of 1.9% from last year. For the complete 30-year financial data, please go here.. For the last five years Entercom Communications Corp had an average revenue growth rate of 36.4% a year.

The reported loss per diluted share was $3.07 for the year. The Entercom Communications Corp had a decent operating margin of 18.07%, compared with the operating margin of 15.39% a year before. The 10-year historical median operating margin of Entercom Communications Corp is 21.65%. 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 $20.4 million, compared with $122.9 million in the previous year. The company had no long term debt, compared with $1.9 billion in the previous year. The interest coverage to the debt is at a comfortable level of 69.5. Entercom Communications Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $3.53, Entercom Communications Corp is traded at 64.1% discount to its historical median P/S valuation band of $9.84. The P/S ratio of the stock is 0.33, while the historical median P/S ratio is 0.87. The stock lost 39.12% during the past 12 months.

CEO Recent Trades:

  • Chairman, President and CEO David J Field bought 100,000 shares of ETM stock on 02/27/2020 at the average price of $3.42. The price of the stock has increased by 3.22% since.

Directors and Officers Recent Trades:

  • Chairman Emeritus, 10% Owner Joseph M Field bought 27,983 shares of ETM stock on 03/02/2020 at the average price of $3.24. The price of the stock has increased by 8.95% since.

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