At the time of writing, iHeartMedia Inc [IHRT] stock is trading at $2.86, up 10.42%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IHRT shares have gain 27.11% over the last week, with a monthly amount glided 26.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
iHeartMedia Inc [NASDAQ: IHRT] stock has seen the most recent analyst activity on November 12, 2024, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $3 from $1. Previously, BofA Securities downgraded its rating to Underperform on March 28, 2023, and dropped its price target to $4. On March 01, 2023, downgrade downgraded it’s rating to Underweight and revised its price target to $5 on the stock. Barrington Research downgraded its rating to a Mkt Perform. Goldman downgraded its rating to a Neutral and reduced its price target to $9 on August 10, 2022. Wells Fargo downgraded its rating to Equal Weight for this stock on July 08, 2022, and downed its price target to $9. In a note dated June 24, 2022, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $30 to $10.
For the past year, the stock price of iHeartMedia Inc fluctuated between $0.95 and $2.84. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. iHeartMedia Inc [NASDAQ: IHRT] shares were valued at $2.86 at the most recent close of the market. An investor can expect a potential return of 74.83% based on the average IHRT price forecast.
Analyzing the IHRT fundamentals
According to iHeartMedia Inc [NASDAQ:IHRT], the company’s sales were 3.87B for trailing twelve months, which represents an 0.49% jump. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is 0.24 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that iHeartMedia Inc [NASDAQ:IHRT] has a current ratio of 1.50. Also, the Quick Ratio is 1.50, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.11.
Transactions by insiders
Recent insider trading involved PITTMAN ROBERT W, Chairman and CEO, that happened on Aug 14 ’25 when 0.12 million shares were purchased. Director, SIVARAMAKRISHNAN KAMAKSHI completed a deal on Feb 28 ’25 to buy 292.0 shares. Meanwhile, Director SIVARAMAKRISHNAN KAMAKSHI bought 197.0 shares on Mar 24 ’25.
