iHeartMedia Inc [IHRT] stock prices are up 3.05% to $1.35 at the moment. 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 9.76% over the last week, with a monthly amount glided 27.36%, 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.
The stock price of iHeartMedia Inc [IHRT] has been fluctuating between $0.90 and $2.84 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. iHeartMedia Inc [NASDAQ: IHRT] shares were valued at $1.35 at the most recent close of the market. An investor can expect a potential return of 270.37% based on the average IHRT price forecast.
Analyzing the IHRT fundamentals
The iHeartMedia Inc [NASDAQ:IHRT] reported sales of 3.86B for trailing twelve months, representing a surge of 1.01%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.2%, Pretax Profit Margin comes in at -0.33%, and Net Profit Margin reading is -0.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is 0.99 and Total Capital is -0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-4.05.
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 1.2833 points at the first support level, and at 1.2167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3933, and for the 2nd resistance point, it is at 1.4367.
Ratios To Look Out For
It’s worth pointing out that iHeartMedia Inc [NASDAQ:IHRT]’s Current Ratio is 1.59. Also, the Quick Ratio is 1.59, while the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.05.
Transactions by insiders
Recent insider trading involved SIVARAMAKRISHNAN KAMAKSHI, Director, that happened on Feb 28 ’25 when 292.0 shares were purchased. Director, SIVARAMAKRISHNAN KAMAKSHI completed a deal on Mar 24 ’25 to buy 197.0 shares. Meanwhile, Director SIVARAMAKRISHNAN KAMAKSHI bought 168.0 shares on Mar 21 ’25.
