Clear Channel Outdoor Holdings Inc (CCO) EPS growth this year is 52.30%: Get Prepared for Trading Lift Off

Clear Channel Outdoor Holdings Inc (NYSE: CCO) open the trading on Thursday, with great promise as it jumped 1.92% to $1.59, before settling in for the price of $1.56 at the close. Taking a more long-term approach, CCO posted a 52-week range of $1.26-$2.06.

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In the past 5-years timespan, the Communication Services sector firm’s annual sales growth was -3.19%. Meanwhile, its Annual Earning per share during the time was 8.15%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 52.30%. This publicly-traded company’s shares outstanding now amounts to $483.06 million, simultaneously with a float of $345.81 million. The organization now has a market capitalization sitting at $777.63 million. At the time of writing, stock’s 50-day Moving Average stood at $1.5800, while the 200-day Moving Average is $1.5602.

Clear Channel Outdoor Holdings Inc (CCO) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Advertising Agencies industry. Clear Channel Outdoor Holdings Inc’s current insider ownership accounts for 29.29%, in contrast to 72.21% institutional ownership. According to the most recent insider trade that took place on Nov 05 ’24, this organization’s 10% Owner bought 250,000 shares at the rate of 1.46, making the entire transaction reach 365,000 in total value, affecting insider ownership by 52,432,534. Preceding that transaction, on Nov 04 ’24, Company’s 10% Owner bought 250,000 for 1.45, making the whole transaction’s value amount to 362,500. This particular insider is now the holder of 52,182,534 in total.

Clear Channel Outdoor Holdings Inc (CCO) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

Clear Channel Outdoor Holdings Inc’s EPS increase for this current 12-month fiscal period is 52.30% and is forecasted to reach -0.15 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 8.15% 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 1.00. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.35.

In the same vein, CCO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.26, a figure that is expected to reach 0.02 in the next quarter, and analysts are predicting that it will be -0.15 at the market close of one year from today.

Technical Analysis of Clear Channel Outdoor Holdings Inc (CCO)

[Clear Channel Outdoor Holdings Inc, CCO] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 30.93% While, its Average True Range was 0.0696.

Raw Stochastic average of Clear Channel Outdoor Holdings Inc (CCO) in the period of the previous 100 days is set at 50.00%, which indicates a major fall in contrast to 65.46% 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 56.02% that was higher than 50.24% volatility it exhibited in the past 100-days period.