As on Thursday, iHeartMedia Inc (NASDAQ: IHRT) got off with the flyer as it spiked 9.23% to $1.42, before settling in for the price of $1.30 at the close. Taking a more long-term approach, IHRT posted a 52-week range of $0.81-$3.89.
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The Communication Services sector firm’s twelve-monthly sales growth has been 1.71% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -25.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 30.58%. This publicly-traded company’s shares outstanding now amounts to $123.32 million, simultaneously with a float of $112.99 million. The organization now has a market capitalization sitting at $205.62 million. At the time of writing, stock’s 50-day Moving Average stood at $1.2941, while the 200-day Moving Average is $1.9747.
iHeartMedia Inc (IHRT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Broadcasting industry. iHeartMedia Inc’s current insider ownership accounts for 21.97%, in contrast to 74.90% institutional ownership. According to the most recent insider trade that took place on Nov 14 ’23, this organization’s Chairman and CEO bought 100,000 shares at the rate of 2.06, making the entire transaction reach 205,950 in total value, affecting insider ownership by 3,166,359.
iHeartMedia Inc (IHRT) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
iHeartMedia Inc’s EPS increase for this current 12-month fiscal period is 30.58% and is forecasted to reach -0.45 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.00% through the next 5 years, which can be compared against the -25.60% growth it accomplished over the previous five years trading on the market.
iHeartMedia Inc (NASDAQ: IHRT) Trading Performance Indicators
Let’s observe the current performance indicators for iHeartMedia Inc (IHRT). It’s Quick Ratio in the last reported quarter now stands at 1.92. The Stock has managed to achieve an average true range (ATR) of 0.16. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.05. Similarly, its price to free cash flow for trailing twelve months is now 1.53.
In the same vein, IHRT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.59, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be -0.45 at the market close of one year from today.
Technical Analysis of iHeartMedia Inc (IHRT)
Through scrutinizing the latest numbers posted by the [iHeartMedia Inc, IHRT], it can be observed that its last 5-days Average volume of 0.53 million was lower the volume of 1.04 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 22.30% While, its Average True Range was 0.1635.
Raw Stochastic average of iHeartMedia Inc (IHRT) in the period of the previous 100 days is set at 37.59%, which indicates a major rise in contrast to 29.01% 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 125.48% that was higher than 115.98% volatility it exhibited in the past 100-days period.
