The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Clear Channel Outdoor Holdings Inc (NYSE: CCO) was $1.14 for the day, down -2.56% from the previous closing price of $1.17. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 0.66 million shares were traded. CCO stock price reached its highest trading level at $1.17 during the session, while it also had its lowest trading level at $1.13.
Ratios:
Our analysis of CCO’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 26 ’25 when RAINEY MARY TERESA bought 12,350 shares for $1.15 per share.
MORELAND W BENJAMIN bought 800,000 shares of CCO for $1,008,000 on Feb 28 ’25. The Director now owns 2,510,821 shares after completing the transaction at $1.26 per share. On Feb 28 ’25, another insider, WELLS SCOTT, who serves as the Chief Executive Officer of the company, bought 50,000 shares for $1.26 each. As a result, the insider paid 63,000 and bolstered with 3,525,144 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 573368704 and an Enterprise Value of 7483155456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28. Its current Enterprise Value per Revenue stands at 4.971 whereas that against EBITDA is 14.814.
Stock Price History:
The Beta on a monthly basis for CCO is 2.75, which has changed by -0.2909091 over the last 52 weeks, in comparison to a change of 0.10063088 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 -13.37%, while the 200-Day Moving Average is calculated to be -22.51%.
Shares Statistics:
CCO traded an average of 1.38M shares per day over the past three months and 2073350 shares per day over the past ten days. 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 1741910400 were 34767794 with a Short Ratio of 25.14, compared to 1739491200 on 33324446. Therefore, it implies a Short% of Shares Outstanding of 34767794 and a Short% of Float of 11.799999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
