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, 0.55 million shares were traded. CCO stock price reached its highest trading level at $1.565 during the session, while it also had its lowest trading level at $1.53.

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 1.00 and its Current Ratio is at 1.00.

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 Nov 05 ’24 when MORENO ARTURO R bought 250,000 shares for $1.46 per share. The transaction valued at 365,000 led to the insider holds 52,432,534 shares of the business.

MORENO ARTURO R bought 250,000 shares of CCO for $362,500 on Nov 04 ’24. The 10% Owner now owns 52,182,534 shares after completing the transaction at $1.45 per share. On Nov 01 ’24, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 1,000,000 shares for $1.45 each. As a result, the insider paid 1,450,000 and bolstered with 51,932,534 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 762961664 and an Enterprise Value of 7818460160. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.34. Its current Enterprise Value per Revenue stands at 3.504 whereas that against EBITDA is 14.822.

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 $1.26. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be -0.03%.

Shares Statistics:

CCO traded an average of 1.54M shares per day over the past three months and 1120150 shares per day over the past ten days. A total of 483.06M shares are outstanding, with a floating share count of 345.81M. Insiders hold about 29.29% of the company’s shares, while institutions hold 72.21% stake in the company. Shares short for CCO as of 1730332800 were 29307169 with a Short Ratio of 19.09, compared to 1727654400 on 29814856. Therefore, it implies a Short% of Shares Outstanding of 29307169 and a Short% of Float of 9.98.

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