This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

3 Stocks Improving Performance Of The Media Industry

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 30 points (0.2%) at 17,107 as of Tuesday, Aug. 26, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,006 issues advancing vs. 1,020 declining with 179 unchanged.

The Media industry as a whole closed the day down 0.1% versus the S&P 500, which was up 0.1%. Top gainers within the Media industry included Radio One ( ROIA), up 3.0%, Discovery Communications ( DISCB), up 3.6%, Insignia Systems ( ISIG), up 2.3%, Emmis Communications ( EMMS), up 2.8% and Radio One ( ROIAK), up 2.1%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Emmis Communications ( EMMS) is one of the companies that pushed the Media industry higher today. Emmis Communications was up $0.07 (2.8%) to $2.57 on light volume. Throughout the day, 29,659 shares of Emmis Communications exchanged hands as compared to its average daily volume of 140,100 shares. The stock ranged in a price between $2.50-$2.57 after having opened the day at $2.50 as compared to the previous trading day's close of $2.50.

Emmis Communications Corporation, a diversified media company, is engaged in radio broadcasting activities in the United States. It operates in two segments, Radio and Publishing. Emmis Communications has a market cap of $96.8 million and is part of the services sector. Shares are down 6.7% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Emmis Communications a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Emmis Communications as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth and reasonable valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and weak operating cash flow.

Highlights from TheStreet Ratings analysis on EMMS go as follows:

  • Compared to other companies in the Media industry and the overall market, EMMIS COMMUNICATIONS CP's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • EMMS's revenue growth has slightly outpaced the industry average of 11.9%. Since the same quarter one year prior, revenues rose by 18.1%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • EMMIS COMMUNICATIONS CP has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, EMMIS COMMUNICATIONS CP turned its bottom line around by earning $0.93 versus -$0.21 in the prior year.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Media industry. The net income has significantly decreased by 72.5% when compared to the same quarter one year ago, falling from $3.48 million to $0.96 million.
  • Although EMMS's debt-to-equity ratio of 3.31 is very high, it is currently less than that of the industry average. Along with the unfavorable debt-to-equity ratio, EMMS maintains a poor quick ratio of 0.92, which illustrates the inability to avoid short-term cash problems.

You can view the full analysis from the report here: Emmis Communications Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
Submit an article to us!
DOW 16,677.90 +216.58 1.32%
S&P 500 1,950.82 +23.71 1.23%
NASDAQ 4,452.7920 +69.9450 1.60%

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs