Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Clear Channel Outdoor Holdings Inc Market Cap
The Clear Channel Outdoor Holdings Inc (CCO) share price is expected to increase by 27.74% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered CCO. Price targets range from $1.5 at the low end to $2.5 at the high end. The current analyst consensus for CCO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 6 Wall Street analysts have assigned CCO 2 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect Clear Channel Outdoor Holdings Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CCO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CCO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| James Goss Barrington Research | Outperform | $2.5 | Maintains | Nov 5, 2024 |
| Lance Vitanza TD Cowen | Buy | $2.4 | Maintains | Nov 1, 2024 |
| James Goss Barrington Research | Outperform | $2.5 | Maintains | Oct 31, 2024 |
| Steven Cahall Wells Fargo | Equal-Weight | $1.75 | Downgrade | Sep 19, 2024 |
| James Goss Barrington Research | Outperform | $2.5 | Maintains | Aug 12, 2024 |
| James Goss Barrington Research | Outperform | $2.5 | Maintains | May 28, 2024 |
| James Goss Barrington Research | Outperform | $2.5 | Maintains | May 13, 2024 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $2 | Maintains | Feb 28, 2024 |
| James Goss Barrington Research | Outperform | $2.5 | Reiterates | Feb 27, 2024 |
| Steven Cahall Wells Fargo | Overweight | $2.75 | Upgrade | Dec 20, 2023 |
| Steven Chercover Wells Fargo | Equal-Weight | $1.5 | Maintains | Nov 9, 2023 |
| Jason Bazinet Citigroup | Neutral | $1.4 | Maintains | Aug 29, 2023 |
| James Goss Barrington Research | Outperform | $2.5 | Reiterates | Aug 14, 2023 |
| James Goss Barrington Research | Outperform | $2.5 | Reiterates | Aug 7, 2023 |
| James Goss Barrington Research | Outperform | $2.5 | Reiterates | May 25, 2023 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $1.5 | Maintains | May 11, 2023 |
| Steven Chercover Wells Fargo | Equal-Weight | $1.25 | Maintains | May 10, 2023 |
| James Goss Barrington Research | Outperform | $2.5 | Reiterates | Mar 6, 2023 |
| Jason Bazinet Citigroup | Neutral | $1.9 | Maintains | Feb 16, 2023 |
| Benjamin Swinburne Morgan Stanley | Equal-Weight | $1.5 | Maintains | Nov 9, 2022 |
When did it IPO
2005
Staff Count
3,900
Country
United States
Sector/Industry
Communication Services/Advertising Agencies
CEO
Mr. Scott R. Wells
Market Cap
$758.1M
In 2023, CCO generated $2.13B in revenue, which was a increase of 5.62% from the previous year. This can be seen as a signal that CCO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Clear Channel Outdoor (NYSE: CCO) renewed a five-year deal with Signature Aviation to enhance advertising at over 100 private aviation terminals, targeting ultra-high-net-worth travelers.
Why It Matters - Clear Channel Outdoor's deal with Signature Aviation enhances its advertising reach to affluent travelers, signaling potential revenue growth and market expansion, which could positively impact CCO's stock performance.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Clear Channel Outdoor Holdings CEO Scott Wells will present at the Wells Fargo 8th Annual TMT Summit on December 4, 2024, at 9:30 a.m. PST.
Why It Matters - Scott Wells' presentation at the Wells Fargo TMT Summit could signal strategic insights and future plans for Clear Channel, impacting investor sentiment and stock performance.
Mon, 18 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) executives David Sailer and Jason Menzel will present at the BofA Securities Leveraged Finance Conference on December 3, 2024, at 2:10 PM EST.
Why It Matters - Clear Channel's CFO and Treasurer presenting at a major finance conference could signal potential strategic plans or financial insights, impacting investor confidence and stock performance.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Clear Channel Outdoor has secured a roadside OOH advertising concession from the MTA, covering 250+ displays in the Greater NY, NJ, CT area, effective September 25, 2024.
Why It Matters - The MTA's contract with Clear Channel Outdoor enhances advertising reach in a major metro area, potentially boosting Clear Channel's revenue and market position, impacting stock performance.
Sat, 02 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) will host its Q3 2024 earnings conference call on October 31, 2024, at 8:30 AM ET, featuring key executives and analysts from major firms.
Why It Matters - Clear Channel's Q3 earnings call reveals financial performance and strategic insights, impacting stock valuation and investor sentiment in the outdoor advertising sector.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Clear Channel Outdoor Americas and the USO launch a nationwide digital billboard campaign in November to encourage support for U.S. military service members and their families during the holidays.
Why It Matters - The partnership between Clear Channel Outdoor and the USO can enhance CCOA's brand visibility and community goodwill, potentially driving increased advertising revenue and stock performance.
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