26-Apr-2024
TipRanks (Tue, 23-Apr 9:45 AM ET)
More than 30,000 Summer Learning Programs Now Available in a Nationwide Registry
PRNewswire (Thu, 11-Apr 8:03 AM ET)
PRNewswire (Mon, 8-Apr 4:01 PM ET)
PRNewswire (Mon, 25-Mar 6:59 AM ET)
Clear Channel Outdoor Holdings, Inc. Announces Pricing of Senior Secured Notes Due 2030
PRNewswire (Mon, 4-Mar 4:05 PM ET)
Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes
PRNewswire (Mon, 26-Feb 7:20 AM ET)
Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2023
PRNewswire (Mon, 26-Feb 6:00 AM ET)
PRNewswire (Wed, 21-Feb 4:01 PM ET)
PRNewswire (Tue, 20-Feb 4:30 PM ET)
Globe Newswire (Thu, 15-Feb 8:00 AM ET)
Clear Channel Outdoor Holdings Inc is one of the world's largest outdoor advertising companies. The company is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays, and other out-of-home advertising displays for its clients. Its reportable segment includes America; Airports; Europe-North and Europe-South. The company generates maximum revenue from the America segment. The America segment serves markets throughout the U.S., with over 90% of its revenue generated from billboard displays.
Clear Channel Outdoor Holdings trades on the NYSE stock market under the symbol CCO.
As of April 26, 2024, CCO stock price was flat at $1.44 with 492,349 million shares trading.
CCO has a beta of 0.62, meaning it tends to be less sensitive to market movements. CCO has a correlation of 0.01 to the broad based SPY ETF.
CCO has a market cap of $696.56 million. This is considered a Small Cap stock.
Last quarter Clear Channel Outdoor Holdings reported $632 million in Revenue and $.05 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.01.
In the last 3 years, CCO stock traded as high as $4.10 and as low as $.91.
The top ETF exchange traded funds that CCO belongs to (by Net Assets): VTI, VB, IWM, VXF, VBR.
CCO has underperformed the market in the last year with a price return of +20.0% while the SPY ETF gained +26.8%. CCO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -20.4% and -8.3%, respectively, while the SPY returned +4.5% and -1.9%, respectively.
CCO support price is $1.39 and resistance is $1.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CCO stock will trade within this expected range on the day.