For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed at $1.11 in the last session, up 0.91% from day before closing price of $1.10. In other words, the price has increased by $0.91 from its previous closing price. On the day, 1.3 million shares were traded. CCO stock price reached its highest trading level at $1.12 during the session, while it also had its lowest trading level at $1.07.
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 1.30 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:
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 Mar 31 ’25 when RAINEY MARY TERESA bought 100,000 shares for $1.12 per share.
RAINEY MARY TERESA bought 87,650 shares of CCO for $99,057 on Mar 27 ’25. On Mar 26 ’25, another insider, RAINEY MARY TERESA, who serves as the Former Director of the company, bought 12,350 shares for $1.15 each.
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 543964352 and an Enterprise Value of 7463553024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27. Its current Enterprise Value per Revenue stands at 4.958 whereas that against EBITDA is 14.775.
Stock Price History:
The Beta on a monthly basis for CCO is 2.58, which has changed by -0.33928573 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, CCO has reached a high of $1.88, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is -13.25%, while the 200-Day Moving Average is calculated to be -24.19%.
Shares Statistics:
According to the various share statistics, CCO traded on average about 1.38M shares per day over the past 3-months and 1576470 shares per day over the past 10 days. A total of 489.21M shares are outstanding, with a floating share count of 347.15M. Insiders hold about 29.16% of the company’s shares, while institutions hold 72.10% stake in the company. Shares short for CCO as of 1741910400 were 34767794 with a Short Ratio of 25.13, compared to 1739491200 on 33324446. Therefore, it implies a Short% of Shares Outstanding of 34767794 and a Short% of Float of 11.799999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
