Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) – Barrington Research issued their Q2 2018 earnings per share (EPS) estimates for shares of Clear Channel Outdoor in a research note issued on Tuesday. Barrington Research analyst J. Goss expects that the business services provider will post earnings per share of $0.01 for the quarter. Barrington Research also issued estimates for Clear Channel Outdoor’s Q4 2018 earnings at $0.08 EPS.

CCO has been the topic of a number of other research reports. Zacks Investment Research upgraded shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a report on Tuesday, October 17th. ValuEngine upgraded shares of Clear Channel Outdoor from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Finally, Loop Capital lowered their target price on shares of Clear Channel Outdoor from $5.00 to $4.00 and set a “hold” rating on the stock in a report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $5.25.

Clear Channel Outdoor (CCO) traded down $0.35 on Friday, hitting $4.35. 144,717 shares of the company were exchanged, compared to its average volume of 187,880. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of -4.10. Clear Channel Outdoor has a 12 month low of $3.35 and a 12 month high of $6.35. The firm has a market cap of $1,690.00, a price-to-earnings ratio of 222.50 and a beta of 1.63.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Nationwide Fund Advisors acquired a new stake in shares of Clear Channel Outdoor in the 2nd quarter worth about $100,000. Los Angeles Capital Management & Equity Research Inc. raised its holdings in shares of Clear Channel Outdoor by 1.4% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 21,065 shares of the business services provider’s stock worth $102,000 after acquiring an additional 300 shares during the last quarter. Voya Investment Management LLC raised its holdings in shares of Clear Channel Outdoor by 70.6% in the 2nd quarter. Voya Investment Management LLC now owns 22,912 shares of the business services provider’s stock worth $111,000 after acquiring an additional 9,485 shares during the last quarter. Balyasny Asset Management LLC acquired a new stake in shares of Clear Channel Outdoor in the 2nd quarter worth about $152,000. Finally, Advisors Asset Management Inc. increased its stake in Clear Channel Outdoor by 4,583.2% in the 3rd quarter. Advisors Asset Management Inc. now owns 41,493 shares of the business services provider’s stock valued at $193,000 after buying an additional 40,607 shares during the last quarter. Institutional investors own 9.47% of the company’s stock.

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Clear Channel Outdoor Company Profile

Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International).

Earnings History and Estimates for Clear Channel Outdoor (NYSE:CCO)

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