During the last session, Clear Channel Outdoor Holdings Inc (NYSE:CCO)’s traded shares were 2.19 million, with the beta value of the company hitting 2.62. At the end of the trading day, the stock’s price was $1.08, reflecting an intraday loss of -1.82% or -$0.02. The 52-week high for the CCO share is $1.88, that puts it down -74.07 from that peak though still a striking 25.0% gain since the share price plummeted to a 52-week low of $0.81. The company’s market capitalization is $536.46M, and the average trade volume was 1.97 million shares over the past three months.
Clear Channel Outdoor Holdings Inc (CCO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 3.00. CCO has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
Clear Channel Outdoor Holdings Inc (NYSE:CCO) trade information
Clear Channel Outdoor Holdings Inc (CCO) registered a -1.82% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.82% in intraday trading to $1.08, hitting a weekly high. The stock’s 5-day price performance is 3.85%, and it has moved by 27.06% in 30 days. Based on these gigs, the overall price performance for the year is -29.41%.
The consensus price target of analysts on Wall Street is $3.25, which implies an increase of 66.77% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.25 and $3.25 respectively. As a result, CCO is trading at a discount of -200.93% off the target high and -200.93% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 20.67%. While earnings are projected to return 110.93% in 2025, the next five years will return 36.63% per annum.
CCO Dividends
Clear Channel Outdoor Holdings Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 55.83 million shares, is of ARES MANAGEMENT LLC’s that is approximately 11.4231% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $78.72 million.
Also, the Mutual Funds coming in first place with the largest holdings of Clear Channel Outdoor Holdings Inc (CCO) shares are PIMCO Funds-PIMCO Income Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that PIMCO Funds-PIMCO Income Fund owns about 50.86 shares. This amounts to just over 10.24 percent of the company’s overall shares, with a $54.93 million market value. The same data shows that the other fund manager holds slightly less at 9.78, or about 1.97% of the stock, which is worth about $10.56 million.
