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Entercom Communications Corp (ETM) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Entercom Communications Corp (ETM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $907.880 million; its shares were traded at around $6.37 with and P/S ratio of 0.70. The dividend yield of Entercom Communications Corp stocks is 5.66%.


For the last quarter Entercom Communications Corp reported a revenue of $411.4 million, compared with the revenue of $246.6 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 146.7% from last year. For the last five years Entercom Communications Corp had an average revenue growth rate of 26.5% a year.

The reported loss per diluted share was $2.63 for the year, compared with the earnings per share of $0.91 in the previous year. The Entercom Communications Corp had a decent operating margin of 15.39%, compared with the operating margin of 14.5% a year before. The 10-year historical median operating margin of Entercom Communications Corp is 22.07%. 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 $122.9 million, compared with $34.2 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 2.2, which is not a favorable level. Entercom Communications Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $6.37, Entercom Communications Corp is traded at 21.1% discount to its historical median P/S valuation band of $8.07. The P/S ratio of the stock is 0.70, while the historical median P/S ratio is 0.87. The stock lost 32.19% during the past 12 months.

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

This article first appeared on GuruFocus.