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Cumulus Media Inc (CMLS)
NASDAQ:CMLS
Cumulus Media (CMLS) Stock Price & Analysis
198 Followers
CMLS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.59 - $6.59
Previous Close$2.84
Volume87.14K
Average Volume (3M)72.70K
Market Cap
$62.47M
Enterprise Value$794.89M
Total Cash (Recent Filing)$80.66M
Total Debt (Recent Filing)$813.08M
Price to Earnings (P/E)-0.4
Beta1.05
Next Earnings
Jul 31, 2024EPS Estimate
-$0.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.67
Shares Outstanding16,885,817
10 Day Avg. Volume42,097
30 Day Avg. Volume72,702
Standard Deviation0.21
R-Squared0.15
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-0.09
Price to Sales (P/S)0.06
Price to Cash Flow (P/CF)3.60
P/FCF Ratio0.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.94
Enterprise Value/Gross Profit0.94
Enterprise Value/Ebitda-24.40
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering2
Cumulus Media News
Bulls Say, Bears Say
Bulls Say
Financial HealthThe extension of debt maturity to 2029 reflects management's strategic financial planning, providing the company with a runway to enhance cash flow amidst an evolving advertising market.
Podcasting GrowthWith a portfolio of popular shows and an expanding video inventory, the company's podcast revenue growth signals a strengthening position in the digital content space.
Revenue StabilityThe company's digital businesses, including podcasting, streaming, and digital marketing services, stand as key growth drivers, maintaining stable revenues.
Bears Say
Financial HealthHigh financial leverage persists, and the company plans to enact a debt exchange that would extend maturities but not reduce near-term interest expense obligations.
Financial ResultsFirst quarter financial results: Cumulus reported a decline in Q1 revenues with core broadcast revenue falling significantly and EBITDA lower year over year.
Revenue WeaknessCore revenues soft: Management noted some encouraging signs to start the year, but some industries remain challenged by an elevated interest rate environment.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CMLS FAQ
What was Cumulus Media Inc’s price range in the past 12 months?
Cumulus Media Inc lowest stock price was $2.59 and its highest was $6.59 in the past 12 months.
What is Cumulus Media Inc’s market cap?
Currently, no data Available
When is Cumulus Media Inc’s upcoming earnings report date?
Cumulus Media Inc’s upcoming earnings report date is Jul 31, 2024 which is in 75 days.
How were Cumulus Media Inc’s earnings last quarter?
Cumulus Media Inc released its earnings results on May 03, 2024. The company reported -$0.85 earnings per share for the quarter, beating the consensus estimate of -$1.325 by $0.475.
Is Cumulus Media Inc overvalued?
According to Wall Street analysts Cumulus Media Inc’s price is currently Overvalued.
Does Cumulus Media Inc pay dividends?
Cumulus Media Inc does not currently pay dividends.
What is Cumulus Media Inc’s EPS estimate?
Cumulus Media Inc’s EPS estimate is -$0.49.
How many shares outstanding does Cumulus Media Inc have?
Cumulus Media Inc has 16,573,776 shares outstanding.
What happened to Cumulus Media Inc’s price movement after its last earnings report?
Cumulus Media Inc reported an EPS of -$0.85 in its last earnings report, beating expectations of -$1.325. Following the earnings report the stock price went up 4.167%.
Which hedge fund is a major shareholder of Cumulus Media Inc?
Among the largest hedge funds holding Cumulus Media Inc’s share is Oak Hill Advisors Lp. It holds Cumulus Media Inc’s shares valued at 3M.
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Cumulus Media Stock Smart Score
Underperform
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10
Analyst Consensus
Hold
Average Price Target:
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Blogger Sentiment
Bullish
CMLS Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 3.5K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.88%
12-Months-Change
Fundamentals
Return on Equity
-33.63%
Trailing 12-Months
Asset Growth
-9.42%
Trailing 12-Months
Company Description
Cumulus Media Inc
Cumulus Media, Inc. engages in the business of radio broadcasting. It operates through the following segments: Radio Station Group, Westwood One, and Corporate and Other. The Radio Station Group segment includes the sale of broadcasting time to local, regional, and national advertisers. The Westwood One segment covers the revenues generated primarily through network advertising. The Corporate and Other segment consists of the overall executive, administrative, and support functions for each of the company's reportable segments, including finance and administration, legal, human resources, and information technology functions. The company is headquartered in Atlanta, GA.
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CMLS Earnings Call
Q1 2024
0:00 / 0:00
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CMLS Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Beasley Broadcast Group
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Spanish Broadcasting System
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Gray Television
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Clear Channel Outdoor
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Best Analysts Covering CMLS
1 Year
1 Year Success Rate
1/8 ratings generated profit
1 Year Average Return
-32.66%
reiterated a buy rating 7 months ago
Copying Daniel Day's trades and holding each position for 1 Year would result in 12.50% of your transactions generating a profit, with an average return of -32.66% per trade.
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