This Investment is Ticking All the Boxes and Then Some: Clear Channel Outdoor Holdings, Inc.

Clear Channel Outdoor Holdings, Inc. kicked off the trading day on 08/02/19 with a price decrease of -7.19%, equivalent to -$0.21 relative change for the day. Taking a more long-term approach, CCO had a 52-week range of $2.79 to $6.38. At the time of this article’s publishing, this stock is trading at $2.71 after starting the trading session at $2.91. Moving on, the stock has demonstrated a 52-week change amounting to -24.94, alongside an S&P500 52-Week Change of -29.62. At the time of writing, this stock’s 50-day Moving Average stands at $4.54, while the 200-day Moving Average of this stock is currently $5.17.

Currently, this company’s share volume is sitting at $4,014,420, but has maintained average daily volume of $2.51M. This stock has generated an average Year to Date volume of $1.16 million, alongside an average 20-day volume of $4.91 million. This publicly-traded company’s shares outstanding now amounts to $502.03 million, simultaneously with a float of $149.44 million. The organization now has a market capitalization sitting at $1.36 billion.

Clear Channel Outdoor Holdings, Inc.(CCO) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Clear Channel Outdoor Holdings, Inc.’s current insider ownership accounts for 0.50%, in contrast to 31.70% institutional ownership. According to the most recent latest insider trade that took place on Jun 12 this organization’s Chief Executive Officer exercised an option 1,000 at the rate of 1.17, making the entire transaction hit 1,170 in total value, affecting insider ownership by 903,259. Preceding that transaction, on Jun 12 Company’s Chief Executive Officer sold 1,000 at a price of 5.40, making the whole transaction’s value amount to 5,400. This particular insider is now the holder of 902,259 in total.

If we take a glance at the Ownership summary of Clear Channel Outdoor Holdings, Inc.’s stock, 97 Institutional holders make up 07.16% of its total stock ownership. All together, they are the legal holders of 33,380,380 shares, which are valued at about $90,460,830 in total. If we focus on the top 3 stockholders for this publicly-traded organization, ANGELO GORDON & CO LP owns 3.73 million shares, with VANGUARD GROUP INC in 2nd place owning 3.64 million shares and ABRAMS CAPITAL MANAGEMENT, L.P. in third place with total ownership of 3.35 million shares.

Clear Channel Outdoor Holdings, Inc. (CCO) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on Mar-19, the organization reported -$0.45 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at -$0.20) by $0.25.

The corporation racked up revenue of $747.59million for the previous financial quarter, compared to the mean analyst estimate of $736.40 million. Clear Channel Outdoor Holdings, Inc.’s full-quarter revenue decreased by -1.94%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.14 per share during the current fiscal year.

Clear Channel Outdoor Holdings, Inc.’s EPS increase for this current 12-month fiscal period is 75.00%, and is forecasted to reach 60.40% in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 3.00% through the next 5 years, which can be compared against the -33.40% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Clear Channel Outdoor Holdings, Inc., this organization’s Quick Ratio in the last reported quarter now stands at 0.90. The company has managed to achieve an average true range (ATR) of 0.24. Alongside those, its Beta score is 0.76.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.50 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 8.79.

In the same vein, CCO’s Diluted EPS (Earnings per Share) trailing twelve month was posted at -0.59, a figure that is expected to reach -0.14 in the next reported quarter, and analysts expect it will be 60.40% at the market close of one year from today’s date.