On Friday, Clear Channel Outdoor Holdings Inc (NYSE: CCO) opened higher 5.36% from the last session, before settling in for the closing price of $1.12. Price fluctuations for CCO have ranged from $1.09 to $1.88 over the past 52 weeks.
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A company in the Communication Services sector has dropped its sales by -8.81% annually for the last half of the decade. Company’s average yearly earnings per share was noted 46.01% at the time writing. With a float of $347.15 million, this company’s outstanding shares have now reached $489.21 million.
In an organization with 4100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 47.66%, operating margin of 20.51%, and the pretax margin is -8.84%.
Clear Channel Outdoor Holdings Inc (CCO) Insider Updates
A key investor’s attitude towards the stock of the Advertising Agencies industry is another important factor to consider. The insider ownership of Clear Channel Outdoor Holdings Inc is 29.16%, while institutional ownership is 72.12%. The most recent insider transaction that took place on Feb 28 ’25, was worth 1,008,000. In this transaction Director of this company bought 800,000 shares at a rate of $1.26, taking the stock ownership to the 2,510,821 shares. Before that another transaction happened on Feb 28 ’25, when Company’s Chief Executive Officer bought 50,000 for $1.26, making the entire transaction worth $63,000. This insider now owns 3,525,144 shares in total.
Clear Channel Outdoor Holdings Inc (CCO) Performance Highlights and Predictions
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 46.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 66.23% during the next five years compared to 20.67% growth over the previous five years of trading.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Trading Performance Indicators
Check out the current performance indicators for Clear Channel Outdoor Holdings Inc (CCO). In the past quarter, the stock posted a quick ratio of 1.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.29.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of Clear Channel Outdoor Holdings Inc (CCO)
Let’s dig in a bit further. During the last 5-days, its volume was 2.44 million. That was better than the volume of 1.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 30.89%. 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 15.00%, which indicates a significant decrease from 36.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.25% in the past 14 days, which was higher than the 45.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3320, while its 200-day Moving Average is $1.4748. However, in the short run, Clear Channel Outdoor Holdings Inc’s stock first resistance to watch stands at $1.2067. Second resistance stands at $1.2333. The third major resistance level sits at $1.2867. If the price goes on to break the first support level at $1.1267, it is likely to go to the next support level at $1.0733. Assuming the price breaks the second support level, the third support level stands at $1.0467.
Clear Channel Outdoor Holdings Inc (NYSE: CCO) Key Stats
There are currently 490,058K shares outstanding in the company with a market cap of 578.27 million. Presently, the company’s annual sales total 1,505 M according to its annual income of -179,250 K. Last quarter, the company’s sales amounted to 426,720 K and its income totaled -17,880 K.
