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The closing price of Clear Channel Outdoor Holdings Inc (NYSE: CCO) was $1.27 for the day, down -1.55% from the previous closing price of $1.29. In other words, the price has decreased by -$1.55 from its previous closing price. On the day, 1.47 million shares were traded.
Ratios:
Our analysis of CCO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on September 19, 2024, Downgraded its rating to Equal Weight and sets its target price to $1.75 from $2.75 previously.
On December 20, 2023, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $1.50 to $2.75.
Wells Fargo Downgraded its Overweight to Equal Weight on July 08, 2022, whereas the target price for the stock was revised from $4 to $1.50.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 28 ’25 when MORELAND W BENJAMIN bought 800,000 shares for $1.26 per share. The transaction valued at 1,008,000 led to the insider holds 2,510,821 shares of the business.
WELLS SCOTT bought 50,000 shares of CCO for $63,000 on Feb 28 ’25. The Chief Executive Officer now owns 3,525,144 shares after completing the transaction at $1.26 per share. On Nov 05 ’24, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 250,000 shares for $1.46 each. As a result, the insider paid 365,000 and bolstered with 52,432,534 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31.
Stock Price History:
Over the past 52 weeks, CCO has reached a high of $1.88, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -8.16%, while the 200-Day Moving Average is calculated to be -14.85%.
Shares Statistics:
A total of 489.21M shares are outstanding, with a floating share count of 346.87M. Insiders hold about 29.05% of the company’s shares, while institutions hold 72.13% stake in the company.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.07, with 1.0 analysts recommending between -$0.07 and -$0.07.
Revenue Estimates
A total of 2 analysts have provided revenue estimates for CCO’s current fiscal year. The highest revenue estimate was $2.34B, while the lowest revenue estimate was $2.34B, resulting in an average revenue estimate of $2.34B. In the same quarter a year ago, actual revenue was $1.51BBased on 3 analysts’ estimates, the company’s revenue will be $2.17B in the next fiscal year. The high estimate is $2.44B and the low estimate is $1.63B.
