iHeartMedia Inc (NASDAQ: IHRT) on Friday, soared 3.87% from the previous trading day, before settling in for the closing price of $1.55. Within the past 52 weeks, IHRT’s price has moved between $0.81 and $2.84.
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A company in the Communication Services sector has jumped its sales by 1.86% annually for the last half of the decade. The company achieved an average annual earnings per share of 95.00%. With a float of $115.39 million, this company’s outstanding shares have now reached $127.47 million.
In an organization with 10100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 53.34%, operating margin of 4.76%, and the pretax margin is -30.3%.
iHeartMedia Inc (IHRT) Insider Updates
Observing investor behavior towards Broadcasting industry stocks is more important than anything else. The insider ownership of iHeartMedia Inc is 21.60%, while institutional ownership is 74.50%. The most recent insider transaction that took place on Mar 07 ’25, was worth 178,820. In this transaction an insider of this company bought 100,000 shares at a rate of $1.79, taking the stock ownership to the 3,617,764 shares. Before that another transaction happened on Mar 04 ’25, when Company’s Chairman and CEO bought 200,000 for $1.60, making the entire transaction worth $320,040. This insider now owns 4,241,389 shares in total.
iHeartMedia Inc (IHRT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 95.00% per share during the next fiscal year.
iHeartMedia Inc (NASDAQ: IHRT) Trading Performance Indicators
iHeartMedia Inc (IHRT) is currently performing well based on its current performance indicators. A quick ratio of 1.56 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 0.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.68, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of iHeartMedia Inc (IHRT)
Let’s dig in a bit further. During the last 5-days, its volume was 0.84 million. That was better than the volume of 0.8 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 23.18%. Additionally, its Average True Range was 0.18.
During the past 100 days, iHeartMedia Inc’s (IHRT) raw stochastic average was set at 11.51%, which indicates a significant decrease from 17.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 133.09% in the past 14 days, which was higher than the 90.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.0851, while its 200-day Moving Average is $1.7882. However, in the short run, iHeartMedia Inc’s stock first resistance to watch stands at $1.6483. Second resistance stands at $1.6867. The third major resistance level sits at $1.7433. If the price goes on to break the first support level at $1.5533, it is likely to go to the next support level at $1.4967. Assuming the price breaks the second support level, the third support level stands at $1.4583.
iHeartMedia Inc (NASDAQ: IHRT) Key Stats
Market capitalization of the company is 202.85 million based on 147,179K outstanding shares. Right now, sales total 3,855 M and income totals -1,010 M. The company made 1,118 M in profit during its latest quarter, and 31,490 K in sales during its previous quarter.
