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iHeartMedia (IHRT)
NASDAQ:IHRT
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IHRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.81 - $3.68
Previous Close$1.69
Volume466.77K
Average Volume (3M)733.29K
Market Cap
$212.03M
Enterprise Value$5.88B
Total Cash (Recent Filing)$364.74M
Total Debt (Recent Filing)$6.03B
Price to Earnings (P/E)―
Beta1.64
Next Earnings
Nov 07, 2024EPS Estimate
$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.59
Shares Outstanding146,806,936
10 Day Avg. Volume531,077
30 Day Avg. Volume733,292
Standard Deviation0.22
R-Squared0.16
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-0.18
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)2.30
P/FCF Ratio11.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit2.61
Enterprise Value/Ebitda15.29
Forecast
1Y Price Target
$1.00Price Target Upside-38.65% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
iHeartMedia News
Bulls Say, Bears Say
Bulls Say
Advertising MarketContinued signs of improvement in the advertising market driving positive 2H Revenue guidance.
Digital And Political RevenuePositive momentum in digital and political revenue growth.
Revenue PerformanceIHeartMedia reported revenues for the second quarter of $929 million, which were ahead of our estimate of $917 million.
Bears Say
Capital StructureThe company did not provide any new update on their capital structure or refinancing of their debt stack, which remains a key area of focus among investors given their elevated leverage and upcoming maturities.
EarningsA large $920M impairment in the quarter related to its FCC licenses and goodwill.
Financial PerformanceGuidance for 3Q24 Adjusted EBITDA came in below consensus expectations, suggesting upside to top line might be coming at the expense of margin.
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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 $3.68 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 Nov 07, 2024 which is in 49 days.
How were iHeartMedia’s earnings last quarter?
iHeartMedia released its earnings results on Aug 08, 2024. The company reported -$6.5 earnings per share for the quarter, missing the consensus estimate of -$0.312 by -$6.188.
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 $0.01.
How many shares outstanding does iHeartMedia have?
iHeartMedia has 125,462,550 shares outstanding.
What happened to iHeartMedia’s price movement after its last earnings report?
iHeartMedia reported an EPS of -$6.5 in its last earnings report, missing expectations of -$0.312. Following the earnings report the stock price went up 1.399%.
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 5M.
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iHeartMedia Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$1.00 (-38.65% Downside)
$1.00 (-38.65% Downside)
Blogger Sentiment
Bullish
IHRT Sentiment 75%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-50.29%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-17.39%
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
Q2 2024
0:00 / 0:00
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IHRT Stock 12 Month Forecast
Average Price Target
$1.00
▼(-38.65% Downside)
Technical Analysis
Best Analysts Covering IHRT
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
-0.71%
assigned a sell rating last month
Copying Jessica Reif Ehrlich's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -0.71% per trade.
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