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iHeartMedia (IHRT)
NASDAQ:IHRT
iHeartMedia (IHRT) Stock Price & Analysis
197 Followers
IHRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.81 - $4.74
Previous Close$1.6
Volume912.13K
Average Volume (3M)1.33M
Market Cap
$197.52M
Enterprise Value$5.88B
Total Cash (Recent Filing)$361.40M
Total Debt (Recent Filing)$6.04B
Price to Earnings (P/E)―
Beta1.61
Next Earnings
Aug 08, 2024EPS Estimate
-$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.02
Shares Outstanding144,798,362
10 Day Avg. Volume1,862,766
30 Day Avg. Volume1,331,760
Standard Deviation0.21
R-Squared0.18
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-0.03
Price to Sales (P/S)0.03
Price to Cash Flow (P/CF)0.20
P/FCF Ratio0.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit2.61
Enterprise Value/Ebitda14.17
Forecast
1Y Price Target
$1.00Price Target Upside-41.52% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
iHeartMedia News
Bulls Say, Bears Say
Bulls Say
Advertising MarketSigns of slight improvement in the advertising market, particularly in the challenged National spot business.
Digital RevenueDigital revenue of $285 million has shown a solid underlying trend with a 9% year-over-year increase.
Podcasting GrowthPodcasting continues to lead growth in the Digital Audio Group, with revenues up 18% from a year ago and remaining highly valued by advertisers.
Bears Say
DebtOutstanding debt questions weighing on the stock.
EarningsGuidance for 2Q24 Revenue and Adjusted EBITDA that was below consensus expectations.
Financial PerformanceAbsent a significant re-acceleration in the macro environment, IHRT will struggle to generate a substantial amount of free cash flow to effectively de-lever the balance sheet.
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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 $0.81 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 Aug 08, 2024 which is in 12 days.
How were iHeartMedia’s earnings last quarter?
iHeartMedia released its earnings results on May 09, 2024. The company reported -$0.12 earnings per share for the quarter, beating the consensus estimate of -$0.562 by $0.442.
Is iHeartMedia overvalued?
According to Wall Street analysts iHeartMedia’s price is currently Overvalued.
Does iHeartMedia pay dividends?
iHeartMedia does not currently pay dividends.
What is iHeartMedia’s EPS estimate?
iHeartMedia’s EPS estimate is -$0.31.
How many shares outstanding does iHeartMedia have?
iHeartMedia has 123,451,750 shares outstanding.
What happened to iHeartMedia’s price movement after its last earnings report?
iHeartMedia reported an EPS of -$0.12 in its last earnings report, beating expectations of -$0.562. Following the earnings report the stock price went down -36.111%.
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
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$1.00 (-41.52% Downside)
$1.00 (-41.52% Downside)
Blogger Sentiment
Bullish
IHRT Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 220.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.9%
Last 30 Days ▲ 5.3%
Last 30 Days ▲ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-62.79%
12-Months-Change
Fundamentals
Return on Equity
-3113.37%
Trailing 12-Months
Asset Growth
-15.89%
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
Q1 2024
0:00 / 0:00
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IHRT Stock 12 Month Forecast
Average Price Target
$1.00
▼(-41.52% Downside)
Technical Analysis
Sirius XM Holdings
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Salem Communications
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Beasley Broadcast Group
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Saga Communications
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Best Analysts Covering IHRT
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+7.75%
assigned a sell rating 10 days ago
Copying Jessica Reif Ehrlich's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +7.75% per trade.
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