Clear Channel Outdoor Holdings Inc. (NYSE: CCO) started the day on September 28, 2020, with a price increase of 5.89% at $1.00. During the day, the stock rose to $1.00 and sunk to $0.95 before settling in for the price of $0.94 at the close. Taking a more long-term approach, CCO posted a 52-week range of $0.36-$3.10.
The Communication Services sector firm’s twelve-monthly sales growth has been -1.90% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 54.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -45.80%. This publicly-traded company’s shares outstanding now amounts to $464.47 million, simultaneously with a float of $463.07 million. The organization now has a market capitalization sitting at $461.49 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1002, while the 200-day Moving Average is $1.4645.
It is quite necessary to find out the efficiency of the corporate organization, which has 5900 number of employees on its payroll. It has generated 454,883 per worker during the last fiscal year. Meanwhile, its income per employee was -61,577. The stock had 3.77 Receivables turnover and 0.46 Total Asset turnover. For the Profitability, stocks gross margin was +34.37, operating margin was +9.58 and Pretax Margin of -10.79.
Clear Channel Outdoor Holdings Inc. (CCO) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Advertising Agencies Industry. Clear Channel Outdoor Holdings Inc.’s current insider ownership accounts for 0.80%, in contrast to 97.10% institutional ownership. According to the most recent insider trade that took place on Aug 12, this organization’s Director bought 400,000 shares at the rate of 1.18, making the entire transaction reach 473,200 in total value, affecting insider ownership by 996,255. Preceding that transaction, on Jul 29, Company’s 10% Owner sold 14,907 for 0.92, making the whole transaction’s value amount to 13,710. This particular insider is now the holder of 104,872,541 in total.
Clear Channel Outdoor Holdings Inc. (CCO) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported -$0.3 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.38) by $0.08. This company achieved a net margin of -13.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
Clear Channel Outdoor Holdings Inc.’s EPS decrease for this current 12-month fiscal period is -45.80% and is forecasted to reach -0.57 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.00% through the next 5 years, which can be compared against the 54.88% growth it accomplished over the previous five years trading on the market.
Clear Channel Outdoor Holdings Inc. (NYSE: CCO) Trading Performance Indicators
Let’s observe the current performance indicators for Clear Channel Outdoor Holdings Inc. (CCO). It’s Quick Ratio in the last reported quarter now stands at 1.10. The Stock has managed to achieve an average true range (ATR) of 0.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.20.
In the same vein, CCO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.30, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.57 at the market close of one year from today.
Technical Analysis of Clear Channel Outdoor Holdings Inc. (CCO)
If we take a close look at the recent performances of Clear Channel Outdoor Holdings Inc. (NYSE: CCO), its last 5-days Average volume was 3.44 million that shows progress from its year to date volume of 2.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 10.19% While, its Average True Range was 0.1018.
Raw Stochastic average of Clear Channel Outdoor Holdings Inc. (CCO) in the period of the previous 100 days is set at 26.96%, which indicates a major rise in contrast to 15.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 80.92% that was lower than 101.83% volatility it exhibited in the past 100-days period.