During the last session, Clear Channel Outdoor Holdings Inc. (NYSE:CCO)’s traded shares were 1.57 million, with the beta value of the company hitting 2.92. The 52-week high for the CCO share is $2.06, that puts it down -43.06 from that peak though still a striking 31.25% gain since the share price plummeted to a 52-week low of $0.99. The company’s market capitalization is $696.56M, and the average trade volume was 2.39 million shares over the past three months.
Clear Channel Outdoor Holdings Inc. (NYSE:CCO) trade information
The stock’s 5-day price performance is 0.00%, and it has moved by -6.49% in 30 days. Based on these gigs, the overall price performance for the year is 20.00%.
Clear Channel Outdoor Holdings Inc. (CCO) estimates and forecasts
Statistics show that Clear Channel Outdoor Holdings Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Clear Channel Outdoor Holdings Inc. (CCO) shares have gone up 26.32% during the last six months, with a year-to-date growth rate more than the industry average at 63.08% against 9.90. In the rating firms’ projections, revenue will increase 5.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 478.55M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 559.52M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 8.15%. While earnings are projected to return 65.59% in 2024, the next five years will return 7.00% per annum.
CCO Dividends
Clear Channel Outdoor Holdings Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
