Clear Channel Outdoor (NYSE:CCO) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.05 per share for the quarter.
Clear Channel Outdoor (NYSE CCO) opened at $4.65 on Wednesday. Clear Channel Outdoor has a 1-year low of $3.35 and a 1-year high of $6.35. The firm has a market cap of $1,710.00, a P/E ratio of 232.50 and a beta of 1.71. The company has a debt-to-equity ratio of -4.10, a current ratio of 1.47 and a quick ratio of 1.47.
A number of equities research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Clear Channel Outdoor from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. Scotiabank reiterated a “sell” rating and set a $12.00 target price on shares of Clear Channel Outdoor in a research note on Monday, December 4th. Loop Capital decreased their target price on shares of Clear Channel Outdoor from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Thursday, November 9th. Finally, Cleveland Research lowered shares of Clear Channel Outdoor from a “buy” rating to a “neutral” rating in a research note on Friday, February 9th. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $6.94.
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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).
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