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Clear Channel Outdoor Holdings (CCO)
NYSE:CCO
Clear Channel Outdoor (CCO) Stock Price & Analysis
239 Followers
CCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.99 - $2.06
Previous Close$1.43
Volume1.20M
Average Volume (3M)2.51M
Market Cap
$691.72M
Enterprise Value$7.63B
Total Cash (Recent Filing)$251.65M
Total Debt (Recent Filing)$7.17B
Price to Earnings (P/E)-2.3
Beta1.64
Next Earnings
May 09, 2024EPS Estimate
-$0.17Last Dividend Ex-Date
Jan 25, 2018Dividend YieldN/A
Share Statistics
EPS (TTM)-0.62
Shares Outstanding483,720,129
10 Day Avg. Volume2,855,283
30 Day Avg. Volume2,508,241
Standard Deviation0.25
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.17
Price to Sales (P/S)0.33
Price to Cash Flow (P/CF)5.40
P/FCF Ratio2.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.59
Enterprise Value/Gross Profit7.37
Enterprise Value/Ebitda18.93
Forecast
1Y Price Target
$2.41Price Target Upside68.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Clear Channel Outdoor News
PremiumCompany Announcements
Clear Channel Outdoor Secures New $375M Term Loan Facility
PremiumCompany Announcements
Clear Channel Outdoor Advances Refinancing Strategy
PremiumCompany Announcements
Clear Channel Subsidiary Releases Unofficial Financials
PremiumCompany Announcements
Clear Channel Outdoor Issues Regulation FD StatementBulls Say, Bears Say
Bulls Say
Financial RestructuringClear Channel successfully priced new secured notes, extending the maturity of its term loan, which could lead to improved financial stability.
Operational PerformanceDigital investments in data, measurement, and programmatic have enhanced the appeal of out-of-home advertising, signaling potential for revenue growth.
Strategic DivestituresPlanned divestitures by Clear Channel Outdoor in Europe and Latin America are expected to significantly reduce net debt and contribute to a positive free cash flow.
Bears Say
Divestiture ImpactDivesture of Europe South, now in discontinued operations, moved the company to a stronger EBITDA and Cash Flow position, reflecting the poor economics of that segment.
Recession RiskRecession: assumes we enter a recession (with no asset sales) and CCO’s equity has no value (given the firm’s debt).
Revenue ConcernsAmerica segment revenue under pressure with customers delaying marketing campaigns due to economic uncertainty.
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Ownership Overview
48.89% Insiders
25.04% Mutual Funds
14.02% Other Institutional Investors
12.06% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CCO FAQ
What was Clear Channel Outdoor Holdings’s price range in the past 12 months?
Clear Channel Outdoor Holdings lowest stock price was $0.99 and its highest was $2.06 in the past 12 months.
What is Clear Channel Outdoor Holdings’s market cap?
Currently, no data Available
When is Clear Channel Outdoor Holdings’s upcoming earnings report date?
Clear Channel Outdoor Holdings’s upcoming earnings report date is May 09, 2024 which is in 21 days.
How were Clear Channel Outdoor Holdings’s earnings last quarter?
Clear Channel Outdoor Holdings released its earnings results on Feb 26, 2024. The company reported $0.051 earnings per share for the quarter, beating the consensus estimate of $0.035 by $0.016.
Is Clear Channel Outdoor Holdings overvalued?
According to Wall Street analysts Clear Channel Outdoor Holdings’s price is currently Undervalued.
Does Clear Channel Outdoor Holdings pay dividends?
Clear Channel Outdoor Holdings pays a Thriceyearly dividend of $0.08 which represents an annual dividend yield of N/A. See more information on Clear Channel Outdoor Holdings dividends here
What is Clear Channel Outdoor Holdings’s EPS estimate?
Clear Channel Outdoor Holdings’s EPS estimate is -$0.17.
How many shares outstanding does Clear Channel Outdoor Holdings have?
Clear Channel Outdoor Holdings has 483,720,120 shares outstanding.
What happened to Clear Channel Outdoor Holdings’s price movement after its last earnings report?
Clear Channel Outdoor Holdings reported an EPS of $0.051 in its last earnings report, beating expectations of $0.035. Following the earnings report the stock price went up 5.319%.
Which hedge fund is a major shareholder of Clear Channel Outdoor Holdings?
Among the largest hedge funds holding Clear Channel Outdoor Holdings’s share is Ares Management Llc. It holds Clear Channel Outdoor Holdings’s shares valued at 102M.
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Clear Channel Outdoor Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$2.41 (68.53% Upside)
$2.41 (68.53% Upside)
Blogger Sentiment
Neutral
CCO Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 652.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $19.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 9.1%
Last 30 Days ▼ 9.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.26%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-6.91%
Trailing 12-Months
Company Description
Clear Channel Outdoor Holdings
Clear Channel Outdoor Holdings, Inc. provides outdoor advertising solutions. Their products include billboards, street furniture and transit advertising in traditional and digital formats. The company is headquartered in San Antonio, TX.
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CCO Company Deck
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CCO Earnings Call
Q4 2024
0:00 / 0:00
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CCO Stock 12 Months Forecast
Average Price Target
$2.41
▲(68.53% Upside)
Technical Analysis
Best Analysts Covering CCO
1 Year
1 Year Success Rate
7/28 ratings generated profit
1 Year Average Return
-31.61%
reiterated a buy rating 2 months ago
Copying James Goss's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -31.61% per trade.
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