Market Insights: Clear Channel Outdoor Holdings Inc (CCO)’s Notable Drop of -6.77, Closing at 0.96

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As of close of business last night, Clear Channel Outdoor Holdings Inc’s stock clocked out at $0.96, down -6.77% from its previous closing price of $1.03. In other words, the price has decreased by -$6.77 from its previous closing price. On the day, 3.48 million shares were traded. CCO stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.9274.

Ratios:

To gain a deeper understanding of CCO’s stock, we examine its different ratios. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 10 ’25 when MORENO ARTURO R bought 273,727 shares for $1.01 per share. The transaction valued at 276,683 led to the insider holds 59,617,092 shares of the business.

MORENO ARTURO R bought 112,722 shares of CCO for $114,018 on Apr 11 ’25. The 10% Owner now owns 59,729,814 shares after completing the transaction at $1.01 per share. On Apr 08 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 1,410,831 shares for $0.87 each. As a result, the insider paid 1,227,423 and bolstered with 58,843,365 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 476908032 and an Enterprise Value of 7395091968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 4.913 whereas that against EBITDA is 14.64.

Stock Price History:

The Beta on a monthly basis for CCO is 2.56, which has changed by -0.34246576 over the last 52 weeks, in comparison to a change of 0.07019031 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 $0.81. The 50-Day Moving Average of the stock is -20.61%, while the 200-Day Moving Average is calculated to be -33.72%.

Shares Statistics:

It appears that CCO traded 1.70M shares on average per day over the past three months and 3482110 shares per day over the past ten days. A total of 489.21M shares are outstanding, with a floating share count of 340.67M. Insiders hold about 30.48% of the company’s shares, while institutions hold 72.03% stake in the company. Shares short for CCO as of 1743379200 were 35797252 with a Short Ratio of 21.04, compared to 1740700800 on 33932176. Therefore, it implies a Short% of Shares Outstanding of 35797252 and a Short% of Float of 12.149999000000001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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