With 1.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.32 million shares. The 52-week range on CCO shows that it touched its highest point at $1.88 and its lowest point at $1.18 during that stretch. It currently has a 1-year price target of $1.80. Beta for the stock currently stands at 2.72.
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 up-trending over the past week, with a rise of 2.40%, but this was down by -5.88% over a month. Three-month performance dropped to -17.95% while six-month performance fell -11.72%. The stock lost -25.58% in the past year, while it has lost -6.57% so far this year. A look at the trailing 12-month EPS for CCO yields -0.28 with Next year EPS estimates of -0.12. For the next quarter, that number is -0.14. This implies an EPS growth rate of 40.36% for this year and 47.14% for next year. EPS is expected to grow by 66.23% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.67%.
Float and Shares Shorts:
At present, 489.21 million CCO shares are outstanding with a float of 346.87 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.29904 being high and -$0.35214 being low. For CCO, this leads to a yearly average estimate of -$0.33331. 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.
