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The price of Clear Channel Outdoor Holdings Inc (NYSE: CCO) closed at $1.16 in the last session, down -1.69% from day before closing price of $1.18. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 1.47 million shares were traded.
Ratios:
We take a closer look at CCO’s different ratios to gain a better understanding of the stock. 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:
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 May 12 ’25 when MORENO ARTURO R bought 400,000 shares for $1.15 per share. The transaction valued at 460,000 led to the insider holds 63,464,016 shares of the business.
MORENO ARTURO R bought 200,000 shares of CCO for $218,000 on May 08 ’25. The 10% Owner now owns 62,894,358 shares after completing the transaction at $1.09 per share. On May 09 ’25, another insider, MORENO ARTURO R, who serves as the 10% Owner of the company, bought 169,658 shares for $1.10 each. As a result, the insider paid 186,624 and bolstered with 63,064,016 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31.
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 7.61%, while the 200-Day Moving Average is calculated to be -16.00%.
Shares Statistics:
A total of 490.91M shares are outstanding, with a floating share count of 341.07M. Insiders hold about 31.33% of the company’s shares, while institutions hold 70.53% 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
According to 5 analysts, the current quarter’s revenue is expected to be $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.
