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After finishing at $1.15 in the prior trading day, Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed at $1.12, down -2.61%. In other words, the price has decreased by -$2.61 from its previous closing price. On the day, 1.4 million shares were traded. CCO stock price reached its highest trading level at $1.16 during the session, while it also had its lowest trading level at $1.11.
Ratios:
Our goal is to gain a better understanding of CCO by taking a closer 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 Feb 28 ’25 when MORELAND W BENJAMIN bought 800,000 shares for $1.26 per share. The transaction valued at 1,008,000 led to the insider holds 2,510,821 shares of the business.
WELLS SCOTT bought 50,000 shares of CCO for $63,000 on Feb 28 ’25. The Chief Executive Officer now owns 3,525,144 shares after completing the transaction at $1.26 per share. On Nov 05 ’24, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 250,000 shares for $1.46 each. As a result, the insider paid 365,000 and bolstered with 52,432,534 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 548864960 and an Enterprise Value of 7473354240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27. Its current Enterprise Value per Revenue stands at 4.965 whereas that against EBITDA is 14.795.
Stock Price History:
The Beta on a monthly basis for CCO is 2.73, which has changed by -0.28205127 over the last 52 weeks, in comparison to a change of 0.09589827 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 $1.09. The 50-Day Moving Average of the stock is -17.39%, while the 200-Day Moving Average is calculated to be -24.35%.
Shares Statistics:
The stock has traded on average 1.42M shares per day over the past 3-months and 1975160 shares per day over the last 10 days, according to various share statistics. 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 72.12% stake in the company. Shares short for CCO as of 1740700800 were 33932176 with a Short Ratio of 23.87, compared to 1738281600 on 32246167. Therefore, it implies a Short% of Shares Outstanding of 33932176 and a Short% of Float of 11.5200005.
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 -$0.12 and -$0.12 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.07, with 1.0 analysts recommending between -$0.07 and -$0.07.
Revenue Estimates
1 analysts predict $502.53M in revenue for the current quarter. It ranges from a high estimate of $502.53M to a low estimate of $502.53M. As of the current estimate, Clear Channel Outdoor Holdings Inc’s year-ago sales were $481.75MFor the next quarter, 1 analysts are estimating revenue of $582.98M. There is a high estimate of $582.98M for the next quarter, whereas the lowest estimate is $582.98M.
A total of 2 analysts have provided revenue estimates for CCO’s current fiscal year. The highest revenue estimate was $2.34B, while the lowest revenue estimate was $2.34B, resulting in an average revenue estimate of $2.34B. In the same quarter a year ago, actual revenue was $1.51BBased on 2 analysts’ estimates, the company’s revenue will be $2.43B in the next fiscal year. The high estimate is $2.44B and the low estimate is $2.42B.
