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The price of iHeartMedia Inc (NASDAQ: IHRT) closed at $1.72 in the last session, up 2.38% from day before closing price of $1.68. In other words, the price has increased by $2.38 from its previous closing price. On the day, 1.91 million shares were traded. IHRT stock price reached its highest trading level at $1.745 during the session, while it also had its lowest trading level at $1.66.
Ratios:
We take a closer look at IHRT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.59.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 28 ’25 when SIVARAMAKRISHNAN KAMAKSHI bought 292 shares for $1.70 per share. The transaction valued at 498 led to the insider holds 153 shares of the business.
SIVARAMAKRISHNAN KAMAKSHI bought 197 shares of IHRT for $347 on Mar 24 ’25. The Director now owns 336 shares after completing the transaction at $1.76 per share. On Mar 21 ’25, another insider, SIVARAMAKRISHNAN KAMAKSHI, who serves as the Director of the company, bought 168 shares for $1.69 each. As a result, the insider paid 284 and bolstered with 321 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 232554320 and an Enterprise Value of 5929019392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 1.535 whereas that against EBITDA is 10.466.
Stock Price History:
The Beta on a monthly basis for IHRT is 1.81, which has changed by 0.5779817 over the last 52 weeks, in comparison to a change of 0.12748289 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 $0.95. The 50-Day Moving Average of the stock is 28.08%, while the 200-Day Moving Average is calculated to be -5.00%.
Shares Statistics:
According to the various share statistics, IHRT traded on average about 731.10K shares per day over the past 3-months and 999060 shares per day over the past 10 days. A total of 128.29M shares are outstanding, with a floating share count of 113.19M. Insiders hold about 23.32% of the company’s shares, while institutions hold 75.77% stake in the company. Shares short for IHRT as of 1749772800 were 6650933 with a Short Ratio of 9.10, compared to 1747267200 on 6886256. Therefore, it implies a Short% of Shares Outstanding of 6650933 and a Short% of Float of 8.2100004.
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
According to 4 analysts, the current quarter’s revenue is expected to be $912.35M. It ranges from a high estimate of $921.02M to a low estimate of $906.7M. As of the current estimate, iHeartMedia Inc’s year-ago sales were $929.09MFor the next quarter, 4 analysts are estimating revenue of $975.29M. There is a high estimate of $985.48M for the next quarter, whereas the lowest estimate is $965M.
A total of 4 analysts have provided revenue estimates for IHRT’s current fiscal year. The highest revenue estimate was $3.81B, while the lowest revenue estimate was $3.74B, resulting in an average revenue estimate of $3.76B. In the same quarter a year ago, actual revenue was $3.85BBased on 4 analysts’ estimates, the company’s revenue will be $3.98B in the next fiscal year. The high estimate is $4.03B and the low estimate is $3.93B.
