Clear Channel Outdoor Holdings, Inc. (CCO)

CCO Statistics

Total Valuation

CCO has a market cap or net worth of $775.19 million. The enterprise value is $7.82 billion.

Market Cap	775.19M
Enterprise Value	7.82B

Important Dates

The last earnings date was Thursday, October 31, 2024, before market open.

Earnings Date	Oct 31, 2024
Ex-Dividend Date	n/a

Share Statistics

CCO has 489.08 million shares outstanding. The number of shares has increased by 1.28% in one year.

Current Share Class	489.08M
Shares Outstanding	489.08M
Shares Change (YoY)	+1.28%
Shares Change (QoQ)	+0.04%
Owned by Insiders (%)	23.18%
Owned by Institutions (%)	70.79%
Float	293.90M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	0.34
Forward PS	0.33
PB Ratio	n/a
P/TBV Ratio	n/a
P/FCF Ratio	n/a
P/OCF Ratio	9.16
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	3.50
EV / EBITDA	14.82
EV / EBIT	26.98
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.00

Current Ratio	1.00
Quick Ratio	0.77
Debt / Equity	n/a
Debt / EBITDA	6.81
Debt / FCF	n/a
Interest Coverage	0.68

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	3.90%
Return on Capital (ROIC)	5.10%
Revenue Per Employee	$572,153
Profits Per Employee	-$35,026
Employee Count	3,900
Asset Turnover	0.48
Inventory Turnover	n/a

Taxes

Income Tax	-11.19M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +15.56% in the last 52 weeks. The beta is 3.09, so CCO's price volatility has been higher than the market average.

Beta (5Y)	3.09
52-Week Price Change	+15.56%
50-Day Moving Average	1.58
200-Day Moving Average	1.56
Relative Strength Index (RSI)	49.23
Average Volume (20 Days)	1,551,768

Short Selling Information

The latest short interest is 29.31 million, so 5.99% of the outstanding shares have been sold short.

Short Interest	29.31M
Short Previous Month	29.81M
Short % of Shares Out	5.99%
Short % of Float	9.97%
Short Ratio (days to cover)	23.52

Income Statement

In the last 12 months, CCO had revenue of $2.23 billion and -$136.60 million in losses. Loss per share was -$0.28.

Revenue	2.23B
Gross Profit	1.08B
Operating Income	289.81M
Pretax Income	-375.18M
Net Income	-136.60M
EBITDA	527.50M
EBIT	289.81M
Loss Per Share	-$0.28

Balance Sheet

The company has $201.11 million in cash and $7.25 billion in debt, giving a net cash position of -$7.05 billion or -$14.40 per share.

Cash & Cash Equivalents	201.11M
Total Debt	7.25B
Net Cash	-7.05B
Net Cash Per Share	-$14.40
Equity (Book Value)	-3.60B
Book Value Per Share	-7.38
Working Capital	1.80M

Cash Flow

In the last 12 months, operating cash flow was $83.26 million and capital expenditures -$151.47 million, giving a free cash flow of -$68.21 million.

Operating Cash Flow	83.26M
Capital Expenditures	-151.47M
Free Cash Flow	-68.21M
FCF Per Share	-$0.14

Margins

Gross margin is 48.27%, with operating and profit margins of 12.99% and -6.12%.

Gross Margin	48.27%
Operating Margin	12.99%
Pretax Margin	-6.92%
Profit Margin	-6.12%
EBITDA Margin	23.64%
EBIT Margin	12.99%
FCF Margin	-2.80%

Dividends & Yields

CCO does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-1.28%
Shareholder Yield	-1.28%
Earnings Yield	-17.90%
FCF Yield	-8.94%

Analyst Forecast

The average price target for CCO is $2.16, which is 36.28% higher than the current price. The consensus rating is "Buy".

Price Target	$2.16
Price Target Difference	36.28%
Analyst Consensus	Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

CCO has an Altman Z-Score of -1.35 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-1.35
Piotroski F-Score	6