Analysts Point To Clear Channel Outdoor Holdings Inc. (NYSE: CCO) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Recently, Yahoo Finance discussed the stock, revealing that Clear Channel Outdoor Holdings, Inc. Announces Pricing of Senior Secured Notes Due 2030.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, CCO falls under the Communication Services sector while operating within the Advertising Agencies industry segment. At the end of the last regular session, the stock closed at $1.74 and fluctuated between $1.8100 as its day high and $1.7300 as its day low. The current market capitalization of Clear Channel Outdoor Holdings Inc. is $841.67M. A total of 1.0 million shares were traded on the day, compared to an average of 2.55M shares.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CCO has a high of $2.06 and a low of $0.99.

As of this writing, CCO has an earnings estimate of -$0.17 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of -$0.16 per share and a lower estimate of -$0.2. The company reported an EPS of -$0.55 in the last quarter, which was -587.50% lower than expectations of -$0.08.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CCO’s latest balance sheet shows that the firm has $410.77M in Cash & Short Term Investments as of fiscal 2021. There were $7.23B in debt and $1.11B in liabilities at the time. Its Book Value Per Share was -$7.17, while its Total Shareholder’s Equity was -$3.19B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CCO is Buy with a score of 3.67.

Most Popular

Related Posts