Thursday, September 01, 2022

Entravision Communications (EVC)
A Positive Message

Entravision Communications Corporation is a diversified Spanish-language media company utilizing a combination of television and radio operations to reach Hispanic consumers across the United States, as well as the border markets of Mexico. Entravision owns and/or operates 53 primary television stations and is the largest affiliate group of both the top-ranked Univision television network and Univision’s TeleFutura network, with television stations in 20 of the nation’s top 50 Hispanic markets. The Company also operates one of the nation’s largest groups of primarily Spanish-language radio stations, consisting of 48 owned and operated radio stations.

Michael Kupinski, Director of Research, Noble Capital Markets, Inc.

Patrick McCann, Research Associate, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Non-deal road show highlights: Last week, EVC hosted meetings for investors in Kansas City. Chris Young, CFO, highlighted the company’s strong growth prospects, which have resulted from the company’s transition to a digitally based business. 

Expanding key Facebook relationship in LatinAm: Through its subsidiary, Cisneros, the company is the exclusive ad rep for Facebook in certain countries in Latin America. Notably, the company has expanded its Facebook relationship to include Honduras AND El Salvador, and will continue to seek opportunities to expand its valuable Facebook relationship.

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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.