The price of Clear Channel Outdoor Holdings Inc. (NYSE: CCO) closed at $1.47 in the last session, down -3.29% from day before closing price of $1.52. On the day, 2200886 shares were traded.
Ratios:
We take a closer look at CCO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.08.
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 December 20, 2023, Upgraded its rating to Overweight and sets its target price to $2.75 from $1.50 previously.
On July 08, 2022, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $4 to $1.50.
Barrington Research Upgraded its Mkt Perform to Outperform on November 11, 2021, while the target price for the stock was maintained at $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 10 ’24 when PACIFIC INVESTMENT MANAGEMENT sold 12,584 shares for $1.55 per share. The transaction valued at 19,505 led to the insider holds 104,859,957 shares of the business.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30.
Stock Price History:
Over the past 52 weeks, CCO has reached a high of $2.06, while it has fallen to a 52-week low of $0.99.
Shares Statistics:
A total of 483.06M shares are outstanding, with a floating share count of 420.06M. Insiders hold about 13.16% of the company’s shares, while institutions hold 88.61% stake in the company.
Earnings Estimates
The company has Cisco Systems, Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $14.06, with high estimates of $35.38 and low estimates of $48.32.
EPS for the following year is $Stocks, with Stocks analysts recommending between $ETF and $Stocks.
