As on Thursday, iHeartMedia Inc (NASDAQ: IHRT) started slowly as it slid -4.95% to $1.92, before settling in for the price of $2.02 at the close. Taking a more long-term approach, IHRT posted a 52-week range of $0.81-$3.04.
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It was noted that the giant of the Communication Services sector posted annual sales growth of 1.71% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -25.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.88%. This publicly-traded company’s shares outstanding now amounts to $125.78 million, simultaneously with a float of $116.41 million. The organization now has a market capitalization sitting at $241.51 million. At the time of writing, stock’s 50-day Moving Average stood at $2.16, while the 200-day Moving Average is $1.74.
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 20.85%, in contrast to 74.24% institutional ownership. According to the most recent insider trade that took place on Nov 13 ’24, this organization’s Director sold 40,223 shares at the rate of 2.40, making the entire transaction reach 96,406 in total value, affecting insider ownership by 339,322.
iHeartMedia Inc (IHRT) 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.
iHeartMedia Inc’s EPS increase for this current 12-month fiscal period is 11.88% and is forecasted to reach -0.20 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 1.93. The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.06. Similarly, its price to free cash flow for trailing twelve months is now 1.73.
In the same vein, IHRT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.80, a figure that is expected to reach 0.37 in the next quarter, and analysts are predicting that it will be -0.20 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 0.89 million was lower the volume of 0.95 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 4.78% While, its Average True Range was 0.18.
Raw Stochastic average of iHeartMedia Inc (IHRT) in the period of the previous 100 days is set at 42.86%, which indicates a major rise in contrast to 4.82% 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 70.74% that was lower than 101.59% volatility it exhibited in the past 100-days period.
