Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed the day trading at $0.95 down -0.66% from the previous closing price of $0.96. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 1.24 million shares were traded. CCO stock price reached its highest trading level at $0.98 during the session, while it also had its lowest trading level at $0.9203.
Ratios:
For a better understanding of CCO, let’s look at 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:
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 16 ’25 when MORENO ARTURO R bought 980,644 shares for $0.93 per share. The transaction valued at 911,999 led to the insider holds 61,210,458 shares of the business.
MORENO ARTURO R bought 205,449 shares of CCO for $195,177 on Apr 17 ’25. The 10% Owner now owns 61,415,907 shares after completing the transaction at $0.95 per share. On Apr 14 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 500,000 shares for $1.01 each. As a result, the insider paid 505,000 and bolstered with 60,229,814 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 475518176 and an Enterprise Value of 7390632448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23. Its current Enterprise Value per Revenue stands at 4.91 whereas that against EBITDA is 14.631.
Stock Price History:
The Beta on a monthly basis for CCO is 2.53, which has changed by -0.36666667 over the last 52 weeks, in comparison to a change of 0.017286062 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 -19.17%, while the 200-Day Moving Average is calculated to be -33.90%.
Shares Statistics:
Over the past 3-months, CCO traded about 1.82M shares per day on average, while over the past 10 days, CCO traded about 3272570 shares per day. A total of 489.21M shares are outstanding, with a floating share count of 344.84M. Insiders hold about 30.56% of the company’s shares, while institutions hold 71.14% stake in the company. Shares short for CCO as of 1743379200 were 35797252 with a Short Ratio of 19.65, 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
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
5 analysts predict $337.22M in revenue for the current quarter. It ranges from a high estimate of $341M to a low estimate of $335M. As of the current estimate, Clear Channel Outdoor Holdings Inc’s year-ago sales were $481.75MFor the next quarter, 5 analysts are estimating revenue of $396.38M. There is a high estimate of $402M for the next quarter, whereas the lowest estimate is $393.5M.
A total of 4 analysts have provided revenue estimates for CCO’s current fiscal year. The highest revenue estimate was $1.59B, while the lowest revenue estimate was $1.57B, resulting in an average revenue estimate of $1.58B. In the same quarter a year ago, actual revenue was $1.51BBased on 5 analysts’ estimates, the company’s revenue will be $1.62B in the next fiscal year. The high estimate is $1.66B and the low estimate is $1.51B.
