With 0.54 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.83 million shares. The 52-week range on IHRT shows that it touched its highest point at $2.84 and its lowest point at $0.93 during that stretch. It currently has a 1-year price target of $1.43. Beta for the stock currently stands at 1.76.
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 IHRT was up-trending over the past week, with a rise of 4.58%, but this was up by 29.25% over a month. Three-month performance dropped to -12.74% while six-month performance fell -39.91%. The stock gained 46.59% in the past year, while it has lost -30.81% so far this year. A look at the trailing 12-month EPS for IHRT yields -8.40 with Next year EPS estimates of 0.44. For the next quarter, that number is -0.27. This implies an EPS growth rate of 72.19% for this year and 123.55% for next year.
Float and Shares Shorts:
At present, 128.29 million IHRT shares are outstanding with a float of 113.20 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 IHRT 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 -$6.49202 being high and -$6.53198 being low. For IHRT, this leads to a yearly average estimate of -$6.512.
