Clear Channel Outdoor Holdings Inc (NYSE: CCO) on Tuesday, plunged -1.26% from the previous trading day, before settling in for the closing price of $1.59. Within the past 52 weeks, CCO’s price has moved between $1.26 and $2.06.
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Communication Services Sector giant saw their annual sales slid by -3.19% over the last five years. The company achieved an average annual earnings per share of 52.30%. With a float of $345.81 million, this company’s outstanding shares have now reached $483.06 million.
The firm has a total of 3900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 42.1%, operating margin of 14.36%, and the pretax margin is -6.92%.
Clear Channel Outdoor Holdings Inc (CCO) Breakdown of a Key Holders of the stock
Observing investor behavior towards Advertising Agencies industry stocks is more important than anything else. The insider ownership of Clear Channel Outdoor Holdings Inc is 29.29%, while institutional ownership is 72.21%. The most recent insider transaction that took place on Nov 05 ’24, was worth 365,000. In this transaction 10% Owner of this company bought 250,000 shares at a rate of $1.46, taking the stock ownership to the 52,432,534 shares. Before that another transaction happened on Nov 04 ’24, when Company’s 10% Owner bought 250,000 for $1.45, making the entire transaction worth $362,500. This insider now owns 52,182,534 shares in total.
Clear Channel Outdoor Holdings Inc (CCO) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.06 earnings per share (EPS) for the period topping the consensus outlook (set at 0.04) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 8.15% growth over the previous five years of trading.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Trading Performance Indicators
Clear Channel Outdoor Holdings Inc (CCO) is currently performing well based on its current performance indicators. A quick ratio of 1.00 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach -0.15 in one year’s time.
Technical Analysis of Clear Channel Outdoor Holdings Inc (CCO)
Analysing the last 5-days average volume posted by the [Clear Channel Outdoor Holdings Inc, CCO], we can find that recorded value of 1.15 million was lower than the volume posted last year of 1.93 million. As of the previous 9 days, the stock’s Stochastic %D was 40.11%. Additionally, its Average True Range was 0.07.
During the past 100 days, Clear Channel Outdoor Holdings Inc’s (CCO) raw stochastic average was set at 46.55%, which indicates a significant increase from 29.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.27% in the past 14 days, which was lower than the 50.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5728, while its 200-day Moving Average is $1.5582. Now, the first resistance to watch is $1.5917. This is followed by the second major resistance level at $1.6133. The third major resistance level sits at $1.6367. If the price goes on to break the first support level at $1.5467, it is likely to go to the next support level at $1.5233. Now, if the price goes above the second support level, the third support stands at $1.5017.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Key Stats
Market capitalization of the company is 767.85 million based on 489,078K outstanding shares. Right now, sales total 2,127 M and income totals -310,920 K. The company made 558,990 K in profit during its latest quarter, and -32,540 K in sales during its previous quarter.
