Audacy Etf Profile

AUD
 Etf
  

USD 0.97  0.03  3.19%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Audacy is trading at 0.97 as of the 4th of July 2022, a 3.19 percent up since the beginning of the trading day. The etf's lowest day price was 0.93. Audacy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Audacy Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of June 2022 and ending today, the 4th of July 2022. Please note, there could be an existing legal relationship between Audacy Inc (AUD) and AUDACY INC (ETM). Click here to learn more.
CUSIP
293639100
Fiscal Year End
December
Business Domain
Media & Entertainment
IPO Date
29th of January 1999
Category
Communication Services
Classification
Communication Services
ISIN
US05070N1037
Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. Audacy is listed under Broadcasting in the United States and is traded on New York Stock Exchange exchange. The company has 139.47 M outstanding shares of which 7.99 M shares are presently shorted by investors with about 10.94 days to cover. More on Audacy Inc

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Audacy Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Audacy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Audacy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Audacy Inc generated a negative expected return over the last 90 days
Audacy Inc has some characteristics of a very speculative penny stock
Audacy Inc has high historical volatility and very poor performance
Audacy Inc is unlikely to experience financial distress in the next 2 years
About 17.0% of the company shares are held by company insiders
Latest headline from MacroaxisInsider: Payment of 1547 shares by Bramowski Elizabeth of Audacy subject to Rule 16b-3
The fund holds roughly 82.24% of its assets under management (AUM) in fixed income securities
Related EntityETM (AUDACY INC)
CEOCarl Bass
Thematic IdeaCommunication (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Audacy report their recommendations after researching Audacy's financial statements, talking to executives and customers, or listening in on Audacy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Audacy Inc. The Audacy consensus assessment is calculated by taking the average forecast from all of the analysts covering Audacy.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Audacy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Financial Strength
Audacy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Audacy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Audacy's financial leverage. It provides some insight into what part of Audacy's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Audacy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Audacy deploys its capital and how much of that capital is borrowed.
Liquidity
Audacy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.03 B in debt with debt to equity (D/E) ratio of 3.15, meaning that the company heavily relies on borrowing funds for operations. Audacy Inc has a current ratio of 1.63, which is typical for the industry and considered as normal. Debt can assist Audacy until it has trouble settling it off, either with new capital or with free cash flow. So, Audacy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Audacy Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Audacy to invest in growth at high rates of return. When we think about Audacy's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

74.83 MillionShare
Float Shares116.22M
Next Fiscal Year End31st of December 2023
Number Of Analyst Opinions4.0
Average Daily Volume In Three Month670.89k
Target High Price5.0
Enterprise Value To Revenue1.7
Target Mean Price3.25
Quick Ratio1.24
Last Dividend Date12th of March 2020
Average Daily Volume Last 10 Day845.89k
Date Short Interest15th of June 2022
Fifty Two Week High4.3
Last Fiscal Year End31st of December 2021
Fifty Day Average1.7674
Forward Price Earnings1.2
Most Recent Quarter31st of March 2022
Target Low Price2.0
Two Hundred Day Average2.6261
Revenue Growth14.30%
Short Percent Of Float6.77%
Fifty Two Week Low0.91
Shares Percent Shares Out5.57%
Shares Short Prior Month8.49M
Target Median Price3.0
Recommendation Mean2.5
Enterprise Value To Ebitda13.66
Gross Margins20.93%
Audacy Inc [AUD] is traded in USA and was established October 31, 2011. Audacy is listed under Communication category by Fama And French industry classification. The fund is classified under null category within null family. The entity is thematically classified as Communication. This fund presently have 22.92 M in assets under management (AUM). Audacy Inc is currently generating return of 11.44% with the current yeild of 0.46%, while the total return for the last year was 9.57%. Audacy Inc has about 35.58 M in cash with 30.66 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check Audacy Probability Of Bankruptcy

Audacy Target Price Odds Analysis

What are Audacy's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Audacy jumping above the current price in 90 days from now is under 95%. The Audacy Inc probability density function shows the probability of Audacy etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.2809. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Audacy will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Audacy Inc is significantly underperforming DOW.
  Odds Below 0.97HorizonTargetOdds Above 0.97
5.49%90 days
 0.97 
94.49%
Based on a normal probability distribution, the odds of Audacy to move above the current price in 90 days from now is under 95 (This Audacy Inc probability density function shows the probability of Audacy Etf to fall within a particular range of prices over 90 days) .

Audacy Major Institutional Holders

Institutional Holdings refers to the ownership stake in Audacy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Audacy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Audacy's value.
InstituionSecurity TypeTotal SharesValue
Contrarius Investment Management LtdCommon Shares12.2 M35.3 M
Blackrock IncCommon Shares8.4 M24.3 M
View Audacy Diagnostics

Audacy Historical Income Statement

Audacy Inc Income Statement is one of the three primary financial statements used for reporting Audacy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Audacy Inc revenue and expense. Audacy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Audacy Earning Before Interest and Taxes EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 87.7 Million. The current year Operating Expenses is expected to grow to about 199.1 M, whereas Cost of Revenue is forecasted to decline to about 838.3 M. View More Fundamentals

Audacy Against Markets

Picking the right benchmark for Audacy etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Audacy etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Audacy is critical whether you are bullish or bearish towards Audacy Inc at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Audacy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Investing Audacy Inc

You need to understand the risk of investing before taking a position in Audacy. The danger of trading Audacy Inc is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Audacy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Audacy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Audacy Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the Audacy Inc information on this page should be used as a complementary analysis to other Audacy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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The market value of Audacy Inc is measured differently than its book value, which is the value of Audacy that is recorded on the company's balance sheet. Investors also form their own opinion of Audacy's value that differs from its market value or its book value, called intrinsic value, which is Audacy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Audacy's market value can be influenced by many factors that don't directly affect Audacy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Audacy's value and its price as these two are different measures arrived at by different means. Investors typically determine Audacy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Audacy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.