Market Watch: Clear Channel Outdoor Holdings Inc (CCO)’s Noteworthy Drop%, Closing at $1.98

Abby Carey

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

As of close of business last night, Clear Channel Outdoor Holdings Inc’s stock clocked out at $1.98, down -1.00% from its previous closing price of $2.0. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 2.56 million shares were traded. CCO stock price reached its highest trading level at $2.02 during the session, while it also had its lowest trading level at $1.95.

On September 19, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $2.75 to $1.75.

Wells Fargo Upgraded its Equal Weight to Overweight on December 20, 2023, whereas the target price for the stock was revised from $1.50 to $2.75.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 10 ’25 when ARES MANAGEMENT LLC sold 13,000,000 shares for $1.13 per share. The transaction valued at 14,710,800 led to the insider holds 41,197,491 shares of the business.

ARES MANAGEMENT LLC sold 1,631,555 shares of CCO for $2,261,335 on Sep 09 ’25. The 10% Owner now owns 54,197,491 shares after completing the transaction at $1.39 per share. On Sep 10 ’25, another insider, ARES MANAGEMENT LLC, who serves as the 10% Owner of the company, sold 13,000,000 shares for $1.13 each. As a result, the insider received 14,710,800 and left with 41,197,491 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCO now has a Market Capitalization of 984085376 and an Enterprise Value of 7284946432. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57. Its current Enterprise Value per Revenue stands at 4.734 whereas that against EBITDA is 14.449.

Stock Price History:

The Beta on a monthly basis for CCO is 2.66, which has changed by 0.33333337 over the last 52 weeks, in comparison to a change of 0.18258524 over the same period for the S&P500. Over the past 52 weeks, CCO has reached a high of $2.03, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is 36.23%, while the 200-Day Moving Average is calculated to be 58.73%.

Shares Statistics:

It appears that CCO traded 3.99M shares on average per day over the past three months and 6447770 shares per day over the past ten days. A total of 496.89M shares are outstanding, with a floating share count of 369.57M. Insiders hold about 25.64% of the company’s shares, while institutions hold 67.21% stake in the company. Shares short for CCO as of 1760486400 were 17024347 with a Short Ratio of 4.26, compared to 1757894400 on 19778600. Therefore, it implies a Short% of Shares Outstanding of 17024347 and a Short% of Float of 6.9.

Earnings Estimates

At present, 5.0 analysts are actively evaluating the performance of Clear Channel Outdoor Holdings Inc (CCO) in the stock market.The consensus estimate for the next quarter is $0.01, with high estimates of $0.03 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.12 and $0.1 for the fiscal current year, implying an average EPS of $0.11. EPS for the following year is -$0.08, with 5.0 analysts recommending between -$0.04 and -$0.12.

Revenue Estimates

In. The current quarter, 5 analysts expect revenue to total $402.03M. It ranges from a high estimate of $404M to a low estimate of $398.4M. As of. The current estimate, Clear Channel Outdoor Holdings Inc’s year-ago sales were $558.99MFor the next quarter, 5 analysts are estimating revenue of $443.14M. There is a high estimate of $446M for the next quarter, whereas the lowest estimate is $437.32M.

A total of 6 analysts have provided revenue estimates for CCO’s current fiscal year. The highest revenue estimate was $1.59B, while the lowest revenue estimate was $1.58B, resulting in an average revenue estimate of $1.58B. In the same quarter a year ago, actual revenue was $1.51BBased on 6 analysts’ estimates, the company’s revenue will be $1.65B in the next fiscal year. The high estimate is $1.67B and the low estimate is $1.64B.

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