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As of close of business last night, Clear Channel Outdoor Holdings Inc’s stock clocked out at $1.09, up 0.93% from its previous closing price of $1.08. In other words, the price has increased by $0.93 from its previous closing price. On the day, 0.97 million shares were traded.
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 1.43 and its Current Ratio is at 1.43.
On September 19, 2024, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $2.75 to $1.75.
Wells Fargo Upgraded its Equal Weight to Overweight on December 20, 2023, whereas the target price for the stock was revised from $1.50 to $2.75.
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 May 02 ’25 when MORENO ARTURO R bought 325,567 shares for $1.07 per share. The transaction valued at 348,357 led to the insider holds 62,552,674 shares of the business.
MORENO ARTURO R bought 83,378 shares of CCO for $85,046 on Apr 28 ’25. The 10% Owner now owns 62,227,107 shares after completing the transaction at $1.02 per share. On Apr 25 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 500,000 shares for $1.02 each. As a result, the insider paid 510,000 and bolstered with 62,143,729 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29.
Stock Price History:
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 -0.91%, while the 200-Day Moving Average is calculated to be -22.38%.
Shares Statistics:
A total of 490.91M shares are outstanding, with a floating share count of 342.38M. Insiders hold about 31.07% of the company’s shares, while institutions hold 71.05% stake in the company.
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
In the current quarter, 5 analysts expect revenue to total $397.37M. It ranges from a high estimate of $401M to a low estimate of $394.4M. As of the current estimate, Clear Channel Outdoor Holdings Inc’s year-ago sales were $558.54MFor the next quarter, 5 analysts are estimating revenue of $392.45M. There is a high estimate of $400M for the next quarter, whereas the lowest estimate is $385.1M.
A total of 6 analysts have provided revenue estimates for CCO’s current fiscal year. The highest revenue estimate was $1.58B, while the lowest revenue estimate was $1.54B, resulting in an average revenue estimate of $1.57B. In the same quarter a year ago, actual revenue was $1.51BBased on 6 analysts’ estimates, the company’s revenue will be $1.62B in the next fiscal year. The high estimate is $1.65B and the low estimate is $1.59B.