Clear Channel Outdoor Holdings Inc. (CCO)’s financial ratios: A comprehensive overview

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.53 million shares were traded. CCO stock price reached its highest trading level at $1.39 during the session, while it also had its lowest trading level at $1.36.

Ratios:

Our goal is to gain a better understanding of CCO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:

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 674415680 and an Enterprise Value of 7685404160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30. Its current Enterprise Value per Revenue stands at 3.539 whereas that against EBITDA is 14.761.

Stock Price History:

The Beta on a monthly basis for CCO is 3.09, which has changed by 0.08661413 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, CCO has reached a high of $2.06, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -6.40%, while the 200-Day Moving Average is calculated to be -9.33%.

Shares Statistics:

The stock has traded on average 1.91M shares per day over the past 3-months and 1661720 shares per day over the last 10 days, according to various share statistics. A total of 483.06M shares are outstanding, with a floating share count of 409.11M. Insiders hold about 16.29% of the company’s shares, while institutions hold 84.40% stake in the company. Shares short for CCO as of 1715731200 were 31944448 with a Short Ratio of 16.66, compared to 1713139200 on 30230262. Therefore, it implies a Short% of Shares Outstanding of 31944448 and a Short% of Float of 10.89.

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