Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
iHeartMedia (IHRT)
NASDAQ:IHRT
iHeartMedia (IHRT) Stock Price & Analysis
180 Followers
IHRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.78 - $4.74
Previous Close$1.93
Volume756.33K
Average Volume (3M)843.74K
Market Cap
$238.19M
Enterprise Value$5.95B
Total Cash (Recent Filing)$346.38M
Total Debt (Recent Filing)$6.05B
Price to Earnings (P/E)-0.3
Beta1.50
Next Earnings
May 02, 2024EPS Estimate
-$0.56Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-7.40
Shares Outstanding144,746,645
10 Day Avg. Volume593,013
30 Day Avg. Volume843,735
Standard Deviation0.20
R-Squared0.24
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-0.07
Price to Sales (P/S)0.06
Price to Cash Flow (P/CF)0.50
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.59
Enterprise Value/Gross Profit2.64
Enterprise Value/Ebitda-8.18
Forecast
1Y Price Target
$2.80Price Target Upside45.08% Upside
Rating ConsensusHold
Number of Analyst Covering6
iHeartMedia News
Bulls Say, Bears Say
Bulls Say
Financial HealthThe company's strategic use of free cash flow to significantly reduce its net debt strengthens its financial position and could reassure investors.
Industry TrendsThe reach of broadcast radio remains high, indicating potential for increased advertiser interest and spending in this enduring medium.
Revenue GrowthContinued growth in digital revenue, especially from podcasts, highlights a thriving segment that could attract more investment and drive overall company growth.
Bears Say
Debt And LeverageWith $3.1bn of debt due in '26, a positive outcome depends on a radio recovery.
Financial PerformanceYear-over-year declines in broadcast revenues are more than offsetting the growth in digital audio revenues at the adjusted EBITDA level.
Guidance And OutlookThe company's guidance for Q1 revenue is lower than analyst expectations, suggesting potential headwinds in the near term.
---
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 02, 2024 which is in 12 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.
---
iHeartMedia Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$2.80 (45.08% Upside)
$2.80 (45.08% Upside)
Blogger Sentiment
Bullish
IHRT Sentiment 80%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 774.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 4.6%
Last 30 Days ▼ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-49.87%
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.
---
IHRT Company Deck
---
IHRT Earnings Call
Q4 2024
0:00 / 0:00
---
IHRT Stock 12 Months Forecast
Average Price Target
$2.80
▲(45.08% Upside)
Technical Analysis
Cumulus Media
―
Clear Channel Outdoor
―
Saga Communications
―
Beasley Broadcast Group
―
Best Analysts Covering IHRT
1 Year
1 Year Success Rate
9/15 ratings generated profit
1 Year Average Return
+3.14%
reiterated a sell rating 2 months ago
Copying Jessica Reif Ehrlich's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +3.14% per trade.
---