iHeartMedia Inc (NASDAQ: IHRT) kicked off on Friday, down -3.05% from the previous trading day, before settling in for the closing price of $1.97. Over the past 52 weeks, IHRT has traded in a range of $0.81-$3.04.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 1.71%. While this was happening, its average annual earnings per share was recorded 11.88%. With a float of $116.41 million, this company’s outstanding shares have now reached $125.78 million.
Considering the fact that the conglomerate employs 10800 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 51.02%, operating margin of 4.56%, and the pretax margin is -28.5%.
iHeartMedia Inc (IHRT) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Broadcasting Industry. The insider ownership of iHeartMedia Inc is 20.85%, while institutional ownership is 74.24%. The most recent insider transaction that took place on Nov 13 ’24, was worth 96,406. In this transaction Director of this company sold 40,223 shares at a rate of $2.40, taking the stock ownership to the 339,322 shares.
iHeartMedia Inc (IHRT) Recent Fiscal highlights
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 11.88% 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 -25.60% drop over the previous five years of trading.
iHeartMedia Inc (NASDAQ: IHRT) Trading Performance Indicators
Take a look at iHeartMedia Inc’s (IHRT) current performance indicators. Last quarter, stock had a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06. Likewise, its price to free cash flow for the trailing twelve months is 1.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.80, a number that is poised to hit 0.37 in the next quarter and is forecasted to reach -0.20 in one year’s time.
Technical Analysis of iHeartMedia Inc (IHRT)
Compared to the last year’s volume of 0.96 million, its volume of 1.26 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.49%. Additionally, its Average True Range was 0.19.
During the past 100 days, iHeartMedia Inc’s (IHRT) raw stochastic average was set at 42.24%, which indicates a significant increase from 9.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.85% in the past 14 days, which was lower than the 96.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.1559, while its 200-day Moving Average is $1.7348. Nevertheless, the first resistance level for the watch stands at $1.9459 in the near term. At $1.9819, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0148. If the price goes on to break the first support level at $1.8770, it is likely to go to the next support level at $1.8441. Now, if the price goes above the second support level, the third support stands at $1.8081.
iHeartMedia Inc (NASDAQ: IHRT) Key Stats
The company with the Market Capitalisation of 232.94 million has total of 147,074K Shares Outstanding. Its annual sales at the moment are 3,751 M in contrast with the sum of -1,103 M annual income. Company’s last quarter sales were recorded 1,008 M and last quarter income was -41,270 K.
