Clear Channel Outdoor Stock Today

CCO Stock  USD 1.59  0.01  0.63%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 58

 
High
 
Low
Above Average
Clear Channel is selling at 1.59 as of the 25th of November 2024; that is 0.63 percent increase since the beginning of the trading day. The stock's open price was 1.58. Clear Channel has over 58 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Clear Channel Outdoor are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
11th of November 2005
Category
Communication Services
Clear Channel Outdoor Holdings, Inc. owns, operates, and sells advertising displays in the United States and internationally. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas. Clear Channel operates under Advertising Agencies classification in the United States and is traded on New York Stock Exchange. The company has 489.08 M outstanding shares of which 29.31 M shares are currently shorted by investors with about 23.52 days to cover. More on Clear Channel Outdoor

Clear Stock Highlights

CEOScott Wells
Old NameCapital & Counties Properties Plc
Business ConcentrationAdvertising, Media & Entertainment, Communication Services, NYSE Composite, SP TSX Composite, Thomson Reuters Canada, Communication Services, Media, Advertising Agencies, Communication Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.350.4504
Significantly Down
Pretty Stable
Gross Profit Margin0.510.4743
Notably Up
Very volatile
Net Debt4.4 B6.9 B
Way Down
Slightly volatile
Total Current Liabilities960.1 M883.7 M
Significantly Up
Very volatile
Non Current Liabilities Total5.1 B7.3 B
Way Down
Slightly volatile
Total Assets4.8 B4.7 B
Fairly Up
Slightly volatile
Total Current Assets1.3 B957.4 M
Significantly Up
Very volatile
Debt Levels
Clear Channel can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Clear Channel's financial leverage. It provides some insight into what part of Clear Channel's total assets is financed by creditors.
Liquidity
Clear Channel Outdoor has 7.17 B in debt. Clear Channel Outdoor has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Clear to invest in growth at high rates of return.

Other Non Cash Items

266.75 Million
Clear Channel Outdoor (CCO) is traded on New York Stock Exchange in USA. It is located in 4830 North Loop 1604 West, San Antonio, TX, United States, 78249 and employs 3,900 people. Clear Channel is listed under Advertising category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 772.74 M. Clear Channel Outdoor runs under Media sector within Communication Services industry. The entity has 489.08 M outstanding shares of which 29.31 M shares are currently shorted by investors with about 23.52 days to cover. Clear Channel Outdoor has about 286.78 M in cash with 31.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66.
Check Clear Channel Probability Of Bankruptcy
Ownership Allocation
Clear Channel holds a total of 489.08 Million outstanding shares. The majority of Clear Channel Outdoor outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Clear Channel Outdoor to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Clear Channel. Please pay attention to any change in the institutional holdings of Clear Channel Outdoor as this could imply that something significant has changed or is about to change at the company. Also note that nearly twelve million one hundred twenty-nine thousand one hundred thirty-five invesors are currently shorting Clear Channel expressing very little confidence in its future performance.
Check Clear Ownership Details

Clear Stock Institutional Holders

InstituionRecorded OnShares
Jpmorgan Chase & Co2024-06-30
6.7 M
Charles Schwab Investment Management Inc2024-09-30
6.3 M
Penn Capital Management Company Llc2022-09-30
5.3 M
Gamco Investors, Inc. Et Al2024-09-30
5.2 M
Zazove Associates Llc2024-06-30
4.5 M
Hudson Bay Capital Management Lp2024-09-30
M
Franklin Resources Inc2024-09-30
3.9 M
Neuberger Berman Group Llc
3.8 M
New York State Common Retirement Fund2024-09-30
3.8 M
Allianz Asset Management Ag2024-06-30
104.9 M
Ares Management Llc2024-09-30
55.8 M
View Clear Channel Diagnostics

Clear Channel Historical Income Statement

At this time, Clear Channel's Cost Of Revenue is very stable compared to the past year. As of the 25th of November 2024, Non Recurring is likely to grow to about 143.6 M, while Interest Expense is likely to drop about 275.4 M. View More Fundamentals

Clear Stock Against Markets

Clear Channel Corporate Directors

Jinhy YoonDirectorProfile
Lisa HammittIndependent DirectorProfile
Joe MarcheseIndependent DirectorProfile
John DionneIndependent DirectorProfile
When determining whether Clear Channel Outdoor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clear Channel's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clear Channel Outdoor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clear Channel Outdoor Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clear Channel Outdoor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
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Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clear Channel. If investors know Clear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clear Channel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.76)
Earnings Share
(0.30)
Revenue Per Share
4.59
Quarterly Revenue Growth
0.061
Return On Assets
0.039
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.