With 1.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.34 million shares. During the session, the Advertising Agencies company that operates in wider Communication Services sector, reached to the highest price of $1.405 whereas the lowest price it dropped to was $1.3196. The 52-week range on CCO shows that it touched its highest point at $2.06 and its lowest point at $1.29 during that stretch. It currently has a 1-year price target of $1.98. Beta for the stock currently stands at 3.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCO was down-trending over the past week, with a drop of -6.25%, but this was down by -1.46% over a month. Three-month performance dropped to -10.00% while six-month performance fell -11.76%. The stock lost -21.51% in the past year, while it has lost -1.46% so far this year. A look at the trailing 12-month EPS for CCO yields -0.26 with Next year EPS estimates of -0.17. For the next quarter, that number is 0.01. This implies an EPS growth rate of 49.65% for this year and 47.06% for next year.
Float and Shares Shorts:
At present, 488.95 million CCO shares are outstanding with a float of 345.85 million shares on hand for trading. On 2025-01-15, short shares totaled 31.99 million, which was 654.0 higher than short shares on 1734048000. In addition to Mr. Scott R. Wells as the firm’s CEO, President & Director, Mr. Jason A. Dilger serves as its Senior VP & Chief Accounting Officer.
Institutional Ownership:
Through their ownership of 0.85675 of CCO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CCO reported revenue of $558988000.0 and operating income of $72328000.0. The EBITDA in the recently reported quarter was $129234000.0 and diluted EPS was -$0.07.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCO since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CCO analysts setting a high price target of 2.5 and a low target of 1.5, the average target price over the next 12 months is 1.98. Based on these targets, CCO could surge 85.19% to reach the target high and rise by 11.11% to reach the target low. Reaching the average price target will result in a growth of 46.67% from current levels.
Analysts have provided yearly estimates in a range of -$0.32323 being high and -$0.32865 being low. For CCO, this leads to a yearly average estimate of -$0.32495. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
