Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, iHeartMedia Inc (NASDAQ: IHRT) closed at $1.20 down -9.77% from its previous closing price of $1.33. In other words, the price has decreased by -$9.77 from its previous closing price. On the day, 0.87 million shares were traded. IHRT stock price reached its highest trading level at $1.33 during the session, while it also had its lowest trading level at $1.13.
Ratios:
For a deeper understanding of iHeartMedia Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56.
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, BofA Securities on November 12, 2024, Upgraded its rating to Neutral and sets its target price to $3 from $1 previously.
On March 28, 2023, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $6.50 to $4.
JP Morgan Downgraded its Neutral to Underweight on March 01, 2023, whereas the target price for the stock was revised from $10 to $5.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 07 ’25 when BRESSLER RICHARD J bought 100,000 shares for $1.79 per share. The transaction valued at 178,820 led to the insider holds 3,617,764 shares of the business.
PITTMAN ROBERT W bought 200,000 shares of IHRT for $320,040 on Mar 04 ’25. The Chairman and CEO now owns 4,241,389 shares after completing the transaction at $1.60 per share. On Nov 13 ’24, another insider, Rasulo James A, who serves as the Director of the company, sold 40,223 shares for $2.40 each. As a result, the insider received 96,406 and left with 339,322 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, IHRT now has a Market Capitalization of 172874400 and an Enterprise Value of 5785942528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 1.501 whereas that against EBITDA is 10.166.
Stock Price History:
The Beta on a monthly basis for IHRT is 1.72, which has changed by -0.46666664 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, IHRT has reached a high of $2.84, while it has fallen to a 52-week low of $0.81. The 50-Day Moving Average of the stock is -37.77%, while the 200-Day Moving Average is calculated to be -34.32%.
Shares Statistics:
For the past three months, IHRT has traded an average of 820.11K shares per day and 641840 over the past ten days. A total of 127.47M shares are outstanding, with a floating share count of 115.74M. Insiders hold about 21.57% of the company’s shares, while institutions hold 74.27% stake in the company. Shares short for IHRT as of 1741910400 were 6702439 with a Short Ratio of 8.17, compared to 1739491200 on 6764705. Therefore, it implies a Short% of Shares Outstanding of 6702439 and a Short% of Float of 7.870000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
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 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
A total of 5 analysts believe the company’s revenue will be $790.17M this quarter.It ranges from a high estimate of $792.96M to a low estimate of $786.79M. As of the current estimate, iHeartMedia Inc’s year-ago sales were $799.04MFor the next quarter, 5 analysts are estimating revenue of $936.47M. There is a high estimate of $946.12M for the next quarter, whereas the lowest estimate is $913M.
A total of 5 analysts have provided revenue estimates for IHRT’s current fiscal year. The highest revenue estimate was $3.85B, while the lowest revenue estimate was $3.72B, resulting in an average revenue estimate of $3.82B. In the same quarter a year ago, actual revenue was $3.85BBased on 5 analysts’ estimates, the company’s revenue will be $4.01B in the next fiscal year. The high estimate is $4.07B and the low estimate is $3.88B.
