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AUD

Audacy NYSE:AUD Stock Report

Last Price

US$1.17

Market Cap

US$172.2m

7D

-2.5%

1Y

-73.9%

Updated

24 Jun, 2022

Data

Company Financials +
AUD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health1/6
Dividends0/6

AUD Stock Overview

Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States.

Audacy Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Audacy
Historical stock prices
Current Share PriceUS$1.17
52 Week HighUS$4.66
52 Week LowUS$1.14
Beta1.46
1 Month Change-27.78%
3 Month Change-63.89%
1 Year Change-73.88%
3 Year Change-79.83%
5 Year Change-88.70%
Change since IPO-96.20%

Recent News & Updates

Jun 11
Should You Investigate Audacy, Inc. (NYSE:AUD) At US$1.44?

Should You Investigate Audacy, Inc. (NYSE:AUD) At US$1.44?

While Audacy, Inc. ( NYSE:AUD ) might not be the most widely known stock at the moment, it received a lot of attention...

May 27

Audacy: Improvements Are Good, But Not Good Enough

Audacy was hit hard by the COVID-19 pandemic, but its fundamental picture is finally improving. This is good news in and of itself, but the problem is that its recovery is not fast enough. High leverage is also an issue, but shares look cheap from a price to cash flow approach. All combined, the firm looks like a very binary prospect at this time.

Shareholder Returns

AUDUS MediaUS Market
7D-2.5%3.1%6.6%
1Y-73.9%-33.0%-18.5%

Return vs Industry: AUD underperformed the US Media industry which returned -33.6% over the past year.

Return vs Market: AUD underperformed the US Market which returned -20.5% over the past year.

Price Volatility

Is AUD's price volatile compared to industry and market?
AUD volatility
AUD Average Weekly Movement7.5%
Media Industry Average Movement9.0%
Market Average Movement8.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: AUD is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: AUD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19684,234David Fieldhttps://audacyinc.com

Audacy, Inc., a multi-platform audio content and entertainment company, engages in the radio broadcasting business in the United States. The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others, as well as offers integrated marketing solutions across its broadcast, digital, podcast, and event platforms. It also creates live and original events, including concerts and live performances, and crafted food and beverage events.

Audacy Fundamentals Summary

How do Audacy's earnings and revenue compare to its market cap?
AUD fundamental statistics
Market CapUS$172.22m
Earnings (TTM)US$7.00m
Revenue (TTM)US$1.25b

24.0x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUD income statement (TTM)
RevenueUS$1.25b
Cost of RevenueUS$991.52m
Gross ProfitUS$262.41m
Other ExpensesUS$255.41m
EarningsUS$7.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.049
Gross Margin20.93%
Net Profit Margin0.56%
Debt/Equity Ratio277.0%

How did AUD perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AUD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AUD?

Other financial metrics that can be useful for relative valuation.

AUD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.7x
Enterprise Value/EBITDA13.9x
PEG Ratio0.9x

Price to Earnings Ratio vs Peers

How does AUD's PE Ratio compare to its peers?

AUD PE Ratio vs Peers
The above table shows the PE ratio for AUD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average6.8x

Price-To-Earnings vs Peers: AUD is expensive based on its Price-To-Earnings Ratio (24x) compared to the peer average (6.8x).


Price to Earnings Ratio vs Industry

How does AUD's PE Ratio compare vs other companies in the U.S. Media Industry?

Price-To-Earnings vs Industry: AUD is expensive based on its Price-To-Earnings Ratio (24x) compared to the US Media industry average (12.8x)


Price to Earnings Ratio vs Fair Ratio

What is AUD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AUD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio20.3x

Price-To-Earnings vs Fair Ratio: AUD is expensive based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (20.3x).


Share Price vs Fair Value

What is the Fair Price of AUD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AUD ($1.17) is trading below our estimate of fair value ($15.41)

Significantly Below Fair Value: AUD is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: AUD is good value based on its PEG Ratio (0.9x)


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Future Growth

How is Audacy forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


28.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUD's forecast earnings growth (28% per year) is above the savings rate (1.9%).

Earnings vs Market: AUD's earnings (28% per year) are forecast to grow faster than the US market (13.9% per year).

High Growth Earnings: AUD's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AUD's revenue (6.3% per year) is forecast to grow slower than the US market (8.3% per year).

High Growth Revenue: AUD's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AUD's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Audacy performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-29.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AUD has high quality earnings.

Growing Profit Margin: AUD became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AUD has become profitable over the past 5 years, growing earnings by -29.9% per year.

Accelerating Growth: AUD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AUD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (18.8%).


Return on Equity

High ROE: AUD's Return on Equity (1.1%) is considered low.


Discover strong past performing companies

Financial Health

How is Audacy's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AUD's short term assets ($352.6M) exceed its short term liabilities ($211.9M).

Long Term Liabilities: AUD's short term assets ($352.6M) do not cover its long term liabilities ($2.5B).


Debt to Equity History and Analysis

Debt Level: AUD's net debt to equity ratio (271.5%) is considered high.

Reducing Debt: AUD's debt to equity ratio has increased from 111% to 277% over the past 5 years.

Debt Coverage: AUD's debt is not well covered by operating cash flow (1.7%).

Interest Coverage: AUD's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


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Dividend

What is Audacy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AUD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AUD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AUD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AUD's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: AUD is not paying a notable dividend for the US market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AUD has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

David Field (58 yo)

24.42yrs

Tenure

US$2,511,305

Compensation

Mr. David J. Field has been the Chief Executive Officer of Audacy, Inc. (formerly known as Entercom Communications Corp.) since May 3, 2002 and its President since 1998 and Serves as its Chairman since Nov...


CEO Compensation Analysis

Compensation vs Market: David's total compensation ($USD2.51M) is above average for companies of similar size in the US market ($USD1.73M).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AUD's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: AUD's board of directors are considered experienced (7.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AUD insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Audacy, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Audacy, Inc.
  • Ticker: AUD
  • Exchange: NYSE
  • Founded: 1968
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: US$172.223m
  • Shares outstanding: 143.52m
  • Website: https://audacyinc.com

Number of Employees


Location

  • Audacy, Inc.
  • 2400 Market Street
  • 4th Floor
  • Philadelphia
  • Pennsylvania
  • 19103
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.