CCO - Clear Channel Outdoor Holdings Inc Stock Price, Fair Value and News

1.56USD-0.01 (-0.64%)Market Closed

Market Summary

USD1.56-0.01

Market Closed

-0.64%

CCO Alerts

Big fall in earnings (Y/Y)

Losses in recent quarter

CCO Stock Price

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CCO RSI Chart

CCO Valuation

Market Cap

762.4M

Price/Earnings (Trailing)

-2.08

Price/Sales (Trailing)

0.35

EV/EBITDA

12.45

Price/Free Cashflow

-4.52

CCO Price/Sales (Trailing)

CCO Profitability

EBT Margin

-7.35%

Return on Equity

10.31%

Return on Assets

-8.02%

Free Cashflow Yield

-22.15%

CCO Fundamentals

CCO Revenue

Revenue (TTM)

2.2B

Rev. Growth (Yr)

10.13%

Rev. Growth (Qtr)

-23.79%

CCO Earnings

Earnings (TTM)

-365.7M

Earnings Growth (Yr)

-156.84%

Earnings Growth (Qtr)

-461.9%

Breaking Down CCO Revenue

Last 7 days

-0.6%

Last 30 days

9.1%

Last 90 days

-13.3%

Trailing 12 Months

28.9%

How does CCO drawdown profile look like?

CCO Financial Health

Current Ratio

1.03

Debt/Equity

-1.59

Debt/Cashflow

CCO Investor Care

Dividend Yield

0.07%

Dividend/Share (TTM)

Shares Dilution (1Y)

1.21%

Diluted EPS (TTM)

-0.77

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.2B	0	0	0
2023	2.0B	2.0B	2.1B	2.1B
2022	1.8B	1.8B	1.7B	2.0B
2021	1.7B	1.9B	2.0B	1.8B
2020	2.6B	2.3B	2.1B	1.9B
2019	2.7B	2.7B	2.7B	2.7B
2018	2.6B	2.7B	2.7B	2.7B
2017	2.6B	2.6B	2.6B	2.6B
2016	2.8B	2.8B	2.7B	2.7B
2015	2.9B	2.9B	2.8B	2.8B
2014	2.9B	2.9B	3.0B	3.0B
2013	2.9B	3.0B	2.9B	2.9B
2012	3.0B	3.0B	3.0B	2.9B
2011	2.8B	2.9B	3.0B	3.0B
2010	0	2.7B	2.8B	2.8B
2009	0	0	0	2.7B

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Clear Channel Outdoor Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 10, 2024	pacific investment management co llc	sold	-19,505	1.55	-12,584	-
Apr 01, 2024	feldman lynn	sold (taxes)	-161,522	1.61	-100,324	see remarks
Apr 01, 2024	cochrane justin	sold (taxes)	-101,512	1.61	-63,051	ceo, uk & europe
Apr 01, 2024	sailer david	sold (taxes)	-83,114	1.61	-51,624	see remarks
Apr 01, 2024	dilger jason	sold (taxes)	-52,529	1.61	-32,627	chief accounting officer
Apr 01, 2024	wells scott	sold (taxes)	-239,975	1.61	-149,053	chief executive officer
Feb 15, 2024	white raymond t.	acquired	89,999	0.701252	128,341	-
Feb 15, 2024	dionne john d.	acquired	97,499	0.736671	132,352	-
Feb 15, 2024	king thomas c.	acquired	94,999	0.725106	131,015	-
Feb 15, 2024	moreland w benjamin	acquired	124,998	0.849999	147,057	-

Which funds bought or sold CCO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-7.28	-86,525	456,266	-%
May 16, 2024	Ancora Advisors LLC	reduced	-0.23	-55,654	527,183	0.01%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-48.57	-457,897	399,975	-%
May 15, 2024	CONTRARIAN CAPITAL MANAGEMENT, L.L.C.	reduced	-16.65	-1,335,440	4,129,310	1.13%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-37.21	-644,245	851,394	-%
May 15, 2024	HSBC HOLDINGS PLC	added	124	52,059	102,528	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	unchanged	-	-69,296	672,579	-%
May 15, 2024	CastleKnight Management LP	new	-	175,898	175,898	0.01%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-24.05	-258,311	571,090	-%
May 15, 2024	Squarepoint Ops LLC	sold off	-100	-104,697	-	-%

Are Funds Buying or Selling CCO?

Are funds buying CCO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CCO

No. of Funds

Unveiling Clear Channel Outdoor Holdings Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.52%	36,323,087	SC 13G/A
Feb 01, 2024	legion partners asset management, llc	4.5%	21,869,019	SC 13D/A
Jan 29, 2024	blackrock inc.	5.7%	27,671,438	SC 13G/A
Dec 06, 2023	moreno arturo r	6.8%	32,924,370	SC 13D/A
Dec 05, 2023	verde investments, inc.	6.8%	32,921,370	SC 13D/A
Dec 05, 2023	moreno arturo r	6.8%	32,921,370	SC 13D
Nov 03, 2023	verde investments, inc.	6.4%	31,121,370	SC 13D/A
Oct 20, 2023	verde investments, inc.	5.6%	27,124,370	SC 13D/A
Sep 28, 2023	verde investments, inc.	4.9%	23,624,370	SC 13D/A
Aug 31, 2023	verde investments, inc.	4.2%	20,224,370	SC 13D/A

Recent SEC filings of Clear Channel Outdoor Holdings Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 16, 2024	8-K	Current Report
May 09, 2024	8-K	Current Report
May 09, 2024	10-Q	Quarterly Report
Apr 11, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Clear Channel Outdoor Holdings Inc News

Latest updates

Clear Channel Outdoor Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-23.8%	481,752,000	632,114,000	526,786,000	530,820,000	437,420,000	562,247,000	503,344,000	512,299,000	436,138,000	270,352,000	596,416,000	531,082,000	370,908,000	541,388,000	447,505,000	314,906,000	550,809,000	745,232,000	653,447,000	698,015,000	587,116,000
S&GA Expenses	-12.0%	92,668,000	105,351,000	87,083,000	89,314,000	89,895,000	93,900,000	90,381,000	90,182,000	83,126,000	1,036,000	118,158,000	112,865,000	97,570,000	112,047,000	106,871,000	99,688,000	123,704,000	134,079,000	129,162,000	134,721,000	122,966,000
EBITDA Margin	0.0%	0.23	0.23	0.24	0.24	0.22	0.22	0.29	0.28	0.24	0.09	0.01	-0.05	-	-	-	-	-	-	-	-	-
Interest Expenses	0.8%	107,655,000	106,810,000	107,391,000	104,733,000	102,500,000	98,895,000	92,620,000	86,485,000	82,599,000	81,784,000	84,276,000	90,242,000	92,693,000	90,824,000	90,551,000	88,742,000	90,142,000	89,908,000	106,776,000	107,971,000	114,863,000
Income Taxes	105.1%	267,000	-5,195,000	-244,000	-1,277,000	-10,501,000	-79,947,000	-21,120,000	22,397,000	-1,722,000	-439,000	-6,894,000	-428,000	-28,697,000	-25,048,000	-29,516,000	-19,221,000	15,779,000	13,448,000	30,136,000	-29,093,000	57,763,000
Earnings Before Taxes	-537.8%	-88,396,000	20,191,000	-51,326,000	-40,083,000	-103,106,000	26,549,000	-39,918,000	-51,542,000	-62,784,000	140,062,000	-47,682,000	-124,829,000	-362,153,000	-57,604,000	-165,360,000	-161,824,000	-273,444,000	44,999,000	-182,233,000	-40,498,000	-111,791,000
EBT Margin	10.3%	-0.07	-0.08	-0.08	-0.08	-0.08	-0.06	-0.01	-0.01	-0.05	-0.22	-0.29	-0.38	-	-	-	-	-	-	-	-	-
Net Income	-461.9%	-89,667,000	24,777,000	-263,490,000	-37,297,000	-34,912,000	98,685,000	-39,757,000	-65,664,000	-89,868,000	63,949,000	-40,831,000	-124,580,000	-332,353,000	-32,113,000	-135,937,000	-137,198,000	-277,491,000	27,100,000	-215,298,000	-10,939,000	-164,167,000
Net Income Margin	-15.2%	-0.17	-0.15	-0.12	-0.01	-0.02	-0.05	-0.08	-0.07	-0.10	-0.25	-0.26	-0.33	-	-	-	-	-	-	-	-	-
Free Cashflow	-187.1%	-61,022,000	-21,253,000	15,430,000	-101,998,000	-27,519,000	-34,257,000	51,439,000	-75,525,000	13,656,000	-44,790,000	45,299,000	-139,751,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.5%	4,559	4,722	4,649	4,840	4,949	5,086	4,987	5,054	5,181	5,299	5,365	5,356	5,317	5,755	5,802	5,564	6,124	6,393	6,267	6,428	6,326
Current Assets	-14.5%	819	957	870	892	969	1,121	971	983	1,049	1,135	1,220	1,141	1,088	1,335	1,355	1,119	1,650	1,202	1,095	1,129	899
Cash Equivalents	-19.4%	203	252	313	233	340	282	338	325	443	420	609	573	651	795	858	673	418	417	358	390	189
Goodwill	-0.5%	653	657	649	654	652	651	674	684	695	660	700	704	701	710	700	702	698	704	698	705	703
Liabilities	-0.8%	8,106	8,173	8,311	8,245	8,283	8,349	8,360	8,396	8,456	8,493	8,653	8,609	8,447	8,538	8,540	8,172	8,488	8,448	8,367	8,643	-
Current Liabilities	-9.9%	796	884	1,033	965	1,017	1,122	1,027	1,017	1,093	1,113	1,110	1,041	1,009	1,090	1,052	1,017	1,312	1,181	1,106	1,119	1,046
Long Term Debt	0.4%	5,651	5,631	5,629	5,562	5,565	5,541	5,571	5,576	5,580	5,584	5,717	5,720	5,604	5,551	5,574	5,257	5,211	5,064	5,067	5,296	5,293
LT Debt, Current	0.8%	1.00	1.00	1.00	29.00	27.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	21.00	20.00	20.00	20.00	0.00	0.00
LT Debt, Non Current	-100.0%	-	5,631	5,629	5,562	5,565	5,541	5,571	5,576	5,580	5,584	5,717	5,720	5,604	5,551	5,574	5,257	5,211	5,064	5,067	5,296	5,293
Shareholder's Equity	-2.8%	-3,546	-3,450	-	-	-3,333	-3,262	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained Earnings	-1.3%	-6,870	-6,780	-6,805	-6,542	-6,504	-6,469	-6,568	-6,528	-6,463	-6,373	-6,437	-6,396	-6,271	-5,939	-5,907	-5,771	-5,634	-5,349	-5,376	-5,161	-5,150
Additional Paid-In Capital	0.1%	3,569	3,564	3,559	3,554	3,547	3,543	3,539	3,534	3,527	3,522	3,517	3,511	3,507	3,503	3,499	3,497	3,493	3,490	3,473	3,139	3,088
Shares Outstanding	-	484	-	-	-	479	-	-	-	-	-	-	-	-	-	-	-	-	413	396	-	-
Minority Interest	3.9%	13.00	12.00	11.00	11.00	12.00	13.00	12.00	11.00	11.00	11.00	10.00	10.00	10.00	11.00	11.00	11.00	139	153	145	146	155
Float	-	-	-	-	416	-	-	-	391	-	-	-	956	-	-	-	372	-	-	-	1,400	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-206.2%	-34,818	32,776	52,864	-65,294	10,908	26,004	94,749	-30,226	49,465	20,778	77,971	-107,903	-124,341	-22,374	-91,012	74,199	-98,621	145,198	14,193	102,815	-47,680
Share Based Compensation	3.4%	5,299	5,125	5,060	6,179	4,124	4,268	5,290	6,876	4,714	5,067	-	-	-	4,055	2,297	3,106	3,777	3,354	2,021	8,561	1,834
Cashflow From Investing	71.8%	-27,331	-97,024	-35,909	-35,741	49,101	-66,204	-70,438	-66,240	-18,814	-73,264	-32,327	-29,467	-17,645	-29,741	-25,314	185,520	-35,944	-85,729	-57,626	-49,111	-27,576
Cashflow From Financing	489.3%	5,279	-1,356	65,962	-10,256	-8,712	-5,571	-6,206	-15,188	-5,753	-135,529	-7,340	58,552	-920	-26,694	306,581	-6,208	144,600	-5,783	17,464	147,988	60,340
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	37.00	697	4.00

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CCO Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($)
$ in Thousands

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

Statement of Comprehensive Income [Abstract]

Net loss attributable to the Company

$ (89,667)

$ (34,912)

Other comprehensive loss:

Foreign currency translation adjustments

(11,796)

(3,680)

Reclassification adjustment for realized gains from cumulative translation adjustments and pension related to sales of businesses

^[1]

(32,862)

Other comprehensive loss

(11,796)

(36,542)

Comprehensive loss

(101,463)

(71,454)

Less: Comprehensive income (loss) attributable to noncontrolling interests

(5)

Comprehensive loss attributable to the Company

$ (101,458)

$ (71,456)

[1]	Included in “Income (loss) from discontinued operations” on Consolidated Statements of Loss

CCO Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 193,236	$ 251,652
Accounts receivable, net	425,959	499,811
Prepaid expenses	48,830	49,398
Other current assets	22,173	25,227
Current assets of discontinued operations	128,495	131,313
Total Current Assets	818,693	957,401
PROPERTY, PLANT AND EQUIPMENT
Structures, net	463,460	467,261
Other property, plant and equipment, net	183,833	199,083
INTANGIBLE ASSETS AND GOODWILL
Goodwill	653,208	656,563
OTHER ASSETS
Operating lease right-of-use assets	1,503,040	1,491,302
Other assets	44,651	45,991
Total Assets	4,559,443	4,722,475
CURRENT LIABILITIES
Accounts payable	63,298	63,587
Accrued expenses	309,298	385,620
Current operating lease liabilities	211,258	216,578
Accrued interest	78,208	97,671
Deferred revenue	68,462	50,882
Current portion of long-term debt	617	612
Current liabilities of discontinued operations	64,885	68,778
Total Current Liabilities	796,026	883,728
NON-CURRENT LIABILITIES
Long-term debt	5,651,485	5,631,291
Non-current operating lease liabilities	1,328,089	1,326,143
Deferred tax liabilities, net	231,385	231,481
Other liabilities	98,950	100,575
Total Liabilities	8,105,935	8,173,218
Commitments and Contingencies (Note 6)
STOCKHOLDERS’ DEFICIT
Noncontrolling interests	12,776	12,298
Common stock, par value $0.01 per share: 2,350,000,000 shares authorized (494,764,888 shares issued as of March 31, 2024; 494,061,048 shares issued as of December 31, 2023)	4,948	4,941
Additional paid-in capital	3,569,099	3,563,807
Accumulated deficit	(6,870,542)	(6,780,875)
Accumulated other comprehensive loss	(239,135)	(227,344)
Treasury stock (11,044,759 shares held as of March 31, 2024; 11,003,897 shares held as of December 31, 2023)	(23,638)	(23,570)
Total Stockholders' Deficit	(3,546,492)	(3,450,743)
Total Liabilities and Stockholders' Deficit	4,559,443	4,722,475
Permits, net
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	657,083	665,687
Other intangible assets, net
INTANGIBLE ASSETS AND GOODWILL
Permits and other intangible assets, net	$ 235,475	$ 239,187

About Clear Channel Outdoor Holdings Inc

Clear Channel Outdoor Holdings, Inc. operates as an out-of-home advertising company in the United States, Europe, and internationally. It operates through America, Airports, Europe-North, Europe-South, and Other segments. The company offers advertising services through billboards, including bulletins and posters, as well as spectaculars, which are customized display structures with videos, multi-dimensional lettering and figures, mechanical devices, moving parts, and other embellishments; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, newsracks, and other public structures; transit displays, which are advertising surfaces within the common areas of rail stations and on various types of vehicles; and airport advertising displays. It also sells street furniture equipment; provides cleaning and maintenance services; and operates public bike programs, a public bicycle rental program that offers bicycles for rent to the general public in various municipalities. The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc. in August 2005. Clear Channel Outdoor Holdings, Inc. was founded in 1901 and is headquartered in San Antonio, Texas.

CEO	Mr. Scott R. Wells
WEBSITE	https://clearchanneloutdoor.com
INDUSTRY	Advertising Agencies
EMPLOYEES	4700

Clear Channel Outdoor Holdings Inc Frequently Asked Questions

What is the ticker symbol for Clear Channel Outdoor Holdings Inc? What does CCO stand for in stocks?

CCO is the stock ticker symbol of Clear Channel Outdoor Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Clear Channel Outdoor Holdings Inc (CCO)?

As of Fri May 17 2024, market cap of Clear Channel Outdoor Holdings Inc is 762.38 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CCO stock?

You can check CCO's fair value in chart for subscribers.

What is the fair value of CCO stock?

You can check CCO's fair value in chart for subscribers. The fair value of Clear Channel Outdoor Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Clear Channel Outdoor Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CCO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Clear Channel Outdoor Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether CCO is over valued or under valued. Whether Clear Channel Outdoor Holdings Inc is cheap or expensive depends on the assumptions which impact Clear Channel Outdoor Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CCO.

What is Clear Channel Outdoor Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CCO's PE ratio (Price to Earnings) is -2.08 and Price to Sales (PS) ratio is 0.35. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CCO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Clear Channel Outdoor Holdings Inc's stock?

In the past 10 years, Clear Channel Outdoor Holdings Inc has provided -0.087 (multiply by 100 for percentage) rate of return.