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iHeartMedia (IHRT)
NASDAQ:IHRT
iHeartMedia (IHRT) Stock Price & Analysis
181 Followers
IHRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.78 - $4.74
Previous Close$2.12
Volume598.86K
Average Volume (3M)843.64K
Market Cap
$261.64M
Enterprise Value$5.98B
Total Cash (Recent Filing)$346.38M
Total Debt (Recent Filing)$6.05B
Price to Earnings (P/E)-0.3
Beta1.53
Next Earnings
May 09, 2024EPS Estimate
-$0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.40
Shares Outstanding144,746,645
10 Day Avg. Volume550,165
30 Day Avg. Volume843,640
Standard Deviation0.20
R-Squared0.24
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-0.07
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)0.50
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.59
Enterprise Value/Gross Profit2.65
Enterprise Value/Ebitda-8.22
Forecast
1Y Price Target
$2.88Price Target Upside37.14% Upside
Rating ConsensusHold
Number of Analyst Covering5
iHeartMedia News
Bulls Say, Bears Say
Bulls Say
Advertising Market GrowthThe reach of broadcast radio remains high, which could support spending and investments to make the format more compelling for advertisers.
Debt ReductionThe company utilized free cash flow to reduce its net debt by $200 million, largely repurchasing debt below par.
Digital Revenue GrowthDigital revenue, including Podcasts, showed healthy year-over-year growth, signaling a robust segment within the company.
Bears Say
Debt ConcernsRefinancing risk is highlighted as a significant issue for the stock, with upcoming debt maturities and the need for deleveraging.
Earnings ForecastGuidance indicates revenue will be down low-single digits, a somewhat worse forecast than previously expected.
Financial HealthWith $3.1bn of debt due in '26, a positive outcome depends on a radio recovery.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
IHRT FAQ
What was iHeartMedia’s price range in the past 12 months?
iHeartMedia lowest stock price was $1.77 and its highest was $4.74 in the past 12 months.
What is iHeartMedia’s market cap?
Currently, no data Available
When is iHeartMedia’s upcoming earnings report date?
iHeartMedia’s upcoming earnings report date is May 09, 2024 which is in 13 days.
How were iHeartMedia’s earnings last quarter?
iHeartMedia released its earnings results on Feb 29, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.07.
Is iHeartMedia overvalued?
According to Wall Street analysts iHeartMedia’s price is currently Undervalued.
Does iHeartMedia pay dividends?
iHeartMedia does not currently pay dividends.
What is iHeartMedia’s EPS estimate?
iHeartMedia’s EPS estimate is -$0.56.
How many shares outstanding does iHeartMedia have?
iHeartMedia has 123,416,670 shares outstanding.
What happened to iHeartMedia’s price movement after its last earnings report?
iHeartMedia reported an EPS of $0.09 in its last earnings report, beating expectations of $0.02. Following the earnings report the stock price went up 22.026%.
Which hedge fund is a major shareholder of iHeartMedia?
Among the largest hedge funds holding iHeartMedia’s share is Oak Hill Advisors Lp. It holds iHeartMedia’s shares valued at 10M.
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iHeartMedia Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$2.88 (37.14% Upside)
$2.88 (37.14% Upside)
Blogger Sentiment
Bullish
IHRT Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 774.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.0%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-48.78%
12-Months-Change
Fundamentals
Return on Equity
-785.53%
Trailing 12-Months
Asset Growth
-16.23%
Trailing 12-Months
Company Description
iHeartMedia
iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Audio; Audio and Media Services; and Corporate and Other Reconciling Items. The Audio segment comprises of media and entertainment services via broadcast and digital delivery and also includes events and national syndication businesses. The Audio and Media Services segment consists of the other audio and media services, including the media representation business (Katz Media) and the provider of scheduling and broadcast software (RCS).The company was founded by L. Lowry Mays and B. J. McCombs in 1972 and is headquartered in San Antonio, TX.
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IHRT Company Deck
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IHRT Earnings Call
Q4 2024
0:00 / 0:00
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IHRT Stock 12 Months Forecast
Average Price Target
$2.88
▲(37.14% Upside)
Technical Analysis
Saga Communications
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Cumulus Media
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Beasley Broadcast Group
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Clear Channel Outdoor
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Best Analysts Covering IHRT
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+0.60%
reiterated a sell rating 2 months ago
Copying Jessica Reif Ehrlich's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +0.60% per trade.
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