In the last trading session, 1.25 million iHeartMedia Inc (NASDAQ:IHRT) shares changed hands as the company’s beta touched 1.77. With the company’s per share price at $1.80 changed hands at $0.15 or 9.09% during last session, the market valuation stood at $243.99M. IHRT’s last price was a discount, traded about -57.78% off its 52-week high of $2.84. The share price had its 52-week low at $0.95, which suggests the last value was 47.22% up since then.
Analysts gave the iHeartMedia Inc (IHRT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.50. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended IHRT as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
iHeartMedia Inc (NASDAQ:IHRT) trade information
Instantly IHRT was in green as seen at the end of in last trading. With action 31.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -9.09%, with the 5-day performance at 31.39% in the green. However, in the 30-day time frame, iHeartMedia Inc (NASDAQ:IHRT) is 42.86% up.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 64.0% from its current market value. According to analyst projections, IHRT’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -177.78% plunge from its current level, while the stock would need to soar -177.78% for it to hit the projected low.
iHeartMedia Inc (NASDAQ:IHRT)’s Major holders
DOUGLAS LANE & ASSOCIATES, LLC holds the second largest percentage of outstanding shares, with 5.0234% or 7.59 million shares worth $8.28 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were PIMCO Funds-PIMCO Income Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 9.03 shares estimated at $16.25 million under it, the former controlled 15.87% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 5.92% of the shares, roughly 3.37 shares worth around $6.06 million.
