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Clear Channel Outdoor Holdings, Inc. (CCO)

Stock Price: $1.02 USD 0.03 (3.35%)
Updated Oct 22, 2020 9:37 AM EDT - Market open

Stock Price Chart

Key Info

Market Cap 474.34M
Revenue (ttm) 2.26B
Net Income (ttm) -602.89M
Shares Out 467.33M
EPS (ttm) -1.30
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Oct 22, 2020
Last Price $1.02
Previous Close $0.98
Change ($) 0.03
Change (%) 3.35%
Day's Open -
Day's Range 1.01 - 1.02
Day's Volume 25,103
52-Week Range 0.36 - 3.10

More Stats

Market Cap 474.34M
Enterprise Value 6.72B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date n/a
Shares Outstanding 467.33M
Float 461.22M
EPS (basic) -1.25
EPS (diluted) -1.30
FCF / Share -0.16
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 16.05M
Short Ratio 6.85
Short % of Float 3.48%
Beta 2.15
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 0.21
PB Ratio n/a
Revenue 2.26B
Operating Income -100.66M
Net Income -602.89M
Free Cash Flow -73.19M
Net Cash -6.25B
Net Cash / Share -13.37
Gross Margin 54.39%
Operating Margin -4.45%
Profit Margin -26.60%
FCF Margin -3.23%
ROA -0.23%
ROE n/a
ROIC -2.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (7)

Buy 3
Overweight 0
Hold 3
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$1.59*
(56.65% upside)
Low
1.00
Current: $1.02
High
2.00
Target: 1.59
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue2,6842,7222,5892,6802,8062,9612,9462,9473,0042,798
Revenue Growth-1.39%5.14%-3.4%-4.5%-5.24%0.51%-0.03%-1.9%7.36%-
Gross Profit1,2321,2511,1791,2621,3111,3641,3511,3431,3731,238
Operating Income238217260562273298291267302182
Net Income-363-218-644135-95.98-9.59-48.46-18342.95-87.52
Shares Outstanding413362361360360359358357356356
Earnings Per Share-0.88-0.60-1.780.37-0.27-0.03-0.14-0.540.11-0.26
Dividend Per Share-0.080.922.10-0.491.126.08--
Dividend Growth--91.06%-56.25%---56.53%-81.61%---
Operating Cash Flow215187160309299348415355517525
Capital Expenditures-222-201-152578-207-218-164-219-278-188
Free Cash Flow-7.23-14.037.9388791.87130251136239338
Cash & Equivalents399182144542413186315562543624
Total Debt7,0325,2775,2675,1175,1114,9344,9354,9452,5462,564
Net Cash / Debt-6,633-5,095-5,123-4,575-4,698-4,748-4,621-4,383-2,003-1,940
Assets6,3934,5224,6715,7196,3076,3476,7597,1067,0887,077
Liabilities8,4486,6246,5296,6506,8766,4886,5996,6604,3484,369
Book Value-2,208-2,262-2,015-1,081-757-3441604462,7402,708
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Clear Channel Outdoor Holdings, Inc.
Country United States
Employees 5,900
CEO Christopher William Eccleshare

Stock Information

Ticker Symbol CCO
Stock Exchange New York Stock Exchange
Sector Communication Services
Industry Advertising Agencies
Unique Identifier NYSE: CCO
IPO Date November 11, 2005

Description

Clear Channel Outdoor Holdings, an outdoor advertising company, owns, operates, and sells advertising displays in the United States and internationally. It operates through two segments, Americas Outdoor Advertising and International Outdoor Advertising. The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; spectaculars, which are customized display structures that incorporate videos, multidimensional lettering and figures, mechanical devices and moving parts, and other embellishments; wallscape, a display that drapes over or is suspended from the sides of buildings or other structures; and retail and other small displays. It also provides street furniture equipment, cleaning and maintenance services, and production and creative services; and a public bicycle rental program, which offers bicycles for rent to the general public in various municipalities. The company serves the business service, retail, media, healthcare and medical, banking and financial services, retail, food/food products, entertainment, Internet and E-Commerce, and telecommunications. As of December 31, 2019, it owned or operated approximately 74,000 advertising displays in the United States; and 390,000 displays across 22 countries. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. The company was incorporated in 1995 and is headquartered in San Antonio, Texas.