A share price of Clear Channel Outdoor Holdings Inc [CCO] is currently trading at $1.52, up 5.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CCO shares have gain 5.56% over the last week, with a monthly amount glided 1.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Clear Channel Outdoor Holdings Inc [NYSE: CCO] stock has seen the most recent analyst activity on September 19, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $1.75 from $2.75. Previously, Wells Fargo upgraded its rating to Overweight on December 20, 2023, and elevated its price target to $2.75. On July 08, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $1.50 on the stock. Barrington Research upgraded its rating to a Outperform but stick to its price target of $5 on November 11, 2021. Citigroup downgraded its rating to a Neutral. In a note dated October 19, 2020, JP Morgan downgraded an Underweight rating on this stock.
Clear Channel Outdoor Holdings Inc experienced fluctuations in its stock price throughout the past year between $1.29 and $2.06. Currently, Wall Street analysts expect the stock to reach $3.25 within the next 12 months. Clear Channel Outdoor Holdings Inc [NYSE: CCO] shares were valued at $1.52 at the most recent close of the market. An investor can expect a potential return of 113.82% based on the average CCO price forecast.
Analyzing the CCO fundamentals
Trailing Twelve Months sales for Clear Channel Outdoor Holdings Inc [NYSE:CCO] were 2.23B which represents 6.11% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is 0.04 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4767 points at the first support level, and at 1.4333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5517, and for the 2nd resistance point, it is at 1.5833.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Clear Channel Outdoor Holdings Inc [NYSE:CCO] is 1.00. Also, the Quick Ratio is 1.00, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.33.
Transactions by insiders
Recent insider trading involved MORENO ARTURO R, 10% Owner, that happened on Nov 05 ’24 when 0.25 million shares were purchased. 10% Owner, MORENO ARTURO R completed a deal on Nov 04 ’24 to buy 0.25 million shares. Meanwhile, 10% Owner MORENO ARTURO R bought 1.0 million shares on Nov 01 ’24.
