A share price of iHeartMedia Inc [IHRT] is currently trading at $4.62, up 5.00%. 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 4.76% over the last week, with a monthly amount glided 20.31%, 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.
iHeartMedia Inc experienced fluctuations in its stock price throughout the past year between $0.95 and $5.44. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. iHeartMedia Inc [NASDAQ: IHRT] shares were valued at $4.62 at the most recent close of the market. An investor can expect a potential drop of -13.42% based on the average IHRT price forecast.
Analyzing the IHRT fundamentals
Trailing Twelve Months sales for iHeartMedia Inc [NASDAQ:IHRT] were 3.86B which represents -1.10% decline. 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. The company’s stock is currently sitting at 4.44 points at the first support level, and at 4.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.77, and for the 2nd resistance point, it is at 4.92.
Ratios To Look Out For
To put it in perspective, the Current Ratio for iHeartMedia Inc [NASDAQ:IHRT] is 1.59. Also, the Quick Ratio is 1.59, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 0.16.
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.
