Clear Channel Outdoor Stock Buy Hold or Sell Recommendation
| CCO Stock | USD 1.44 0.06 4.00% |
Considering the 90-day investment horizon and your typical level of risk aversion, our recommendation regarding Clear Channel Outdoor is 'Strong Sell'. Macroaxis provides Clear Channel buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CCO positions. The advice algorithm takes into account all of Clear Channel's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Clear Channel's buy or sell advice are summarized below:
Real Value 1.44 | Target Price 1.78 | Hype Value 1.5 | Market Value 1.44 | Naive Value 1.41 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Clear Channel Outdoor given historical horizon and risk tolerance towards Clear Channel. When Macroaxis issues a 'buy' or 'sell' recommendation for Clear Channel Outdoor, the advice is generated through an automated system that utilizes algorithms and statistical models.
Clear |
Execute Clear Channel Buy or Sell Advice
The Clear recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Clear Channel Outdoor. Macroaxis does not own or have any residual interests in Clear Channel Outdoor or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Clear Channel's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Clear Channel Trading Alerts and Improvement Suggestions
| Clear Channel generated a negative expected return over the last 90 days | |
| Clear Channel may become a speculative penny stock | |
| Clear Channel has high historical volatility and very poor performance | |
| Clear Channel has high likelihood to experience some financial distress in the next 2 years | |
| The company has 7.17 B in debt. Clear Channel Outdoor has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Clear Channel until it has trouble settling it off, either with new capital or with free cash flow. So, Clear Channel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Clear Channel Outdoor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Clear to invest in growth at high rates of return. When we think about Clear Channel's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 2.13 B. Reported Net Loss for the year was (159.21 M) with profit before taxes, overhead, and interest of 1.15 B. | |
| Over 89.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: THE JAMES BEARD FOUNDATION TEAMS UP WITH WILDAID AND THE SCHOOL OF VISUAL ARTS TO LAUNCH CAMPAIGN COMBATING FOOD WASTE |
Clear Channel Returns Distribution Density
The distribution of Clear Channel's historical returns is an attempt to chart the uncertainty of Clear Channel's future price movements. The chart of the probability distribution of Clear Channel daily returns describes the distribution of returns around its average expected value. We use Clear Channel Outdoor price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Clear Channel returns is essential to provide solid investment advice for Clear Channel.
| Mean Return | -0.08 | Value At Risk | -5.29 | Potential Upside | 5.52 | Standard Deviation | 3.93 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Clear Channel historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Clear Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Clear Channel is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Clear Channel Outdoor backward and forwards among themselves. Clear Channel's institutional investor refers to the entity that pools money to purchase Clear Channel's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2023-12-31 | 7.4 M | Brigade Capital Management Lp | 2023-12-31 | 7.4 M | Flight Deck Capital, Lp | 2023-09-30 | 4.8 M | Penn Capital Management Company Llc | 2023-12-31 | 4.7 M | Nuveen Asset Management, Llc | 2023-12-31 | 4.3 M | Goldman Sachs Group Inc | 2023-12-31 | 3.9 M | Gilder Gagnon Howe & Co Llc | 2023-12-31 | 3.9 M | Neuberger Berman Group Llc | 2023-12-31 | 3.8 M | Halcyon Management Partners Lp | 2023-12-31 | 3.5 M | Allianz Asset Management Ag | 2023-12-31 | 104.9 M | Ares Management Llc | 2023-12-31 | 55.8 M |
Clear Channel Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 214.2M | 378.0M | (375.1M) | (121.3M) | (29.5M) | (28.0M) | |
| Free Cash Flow | (17.9M) | (262.0M) | (281.5M) | (44.7M) | (147.5M) | (140.1M) | |
| Depreciation | 309.3M | 269.4M | 372.1M | 293.4M | 241.8M | 296.9M | |
| Other Non Cash Items | 124.5M | 465.6M | 476.9M | 377.5M | 268.2M | 267.4M | |
| Capital Expenditures | 232.5M | 124.2M | 148.0M | 184.7M | 178.7M | 180.1M | |
| Net Income | (361.8M) | (600.2M) | (433.1M) | (94.4M) | (159.2M) | (167.2M) | |
| End Period Cash Flow | 417.1M | 795.1M | 420.0M | 298.7M | 254.7M | 364.5M | |
| Change To Netincome | 148.3M | 39.0M | 453.2M | 329.6M | 379.0M | 398.0M | |
| Change To Inventory | 78.1M | (331.4M) | (456.0M) | (6.8M) | (7.8M) | (8.2M) | |
| Dividends Paid | 332.8M | 30.7M | 740K | 405K | 364.5K | 346.3K | |
| Change Receivables | (74.6M) | (12.6M) | 109.0M | (177.1M) | (159.4M) | (151.4M) | |
| Net Borrowings | (190.1M) | 419.6M | (55.5M) | (21.4M) | (19.2M) | (18.3M) | |
| Investments | (220.0M) | 94.5M | (152.7M) | (221.7M) | (88.8M) | (93.2M) |
Clear Channel Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Clear Channel or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Clear Channel's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Clear stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.35 | |
β | Beta against NYSE Composite | 3.10 | |
σ | Overall volatility | 3.94 | |
Ir | Information ratio | -0.04 |
Clear Channel Volatility Alert
Clear Channel Outdoor exhibits very low volatility with skewness of 0.28 and kurtosis of 1.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Clear Channel's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Clear Channel's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Clear Channel Fundamentals Vs Peers
Comparing Clear Channel's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Clear Channel's direct or indirect competition across all of the common fundamentals between Clear Channel and the related equities. This way, we can detect undervalued stocks with similar characteristics as Clear Channel or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Clear Channel's fundamental indicators could also be used in its relative valuation, which is a method of valuing Clear Channel by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Clear Channel to competition |
| Fundamentals | Clear Channel | Peer Average |
| Return On Asset | 0.0301 | -0.14 |
| Profit Margin | (0.15) % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 7.66 B | 16.62 B |
| Shares Outstanding | 483.72 M | 571.82 M |
| Shares Owned By Insiders | 13.06 % | 10.09 % |
| Shares Owned By Institutions | 88.77 % | 39.21 % |
| Number Of Shares Shorted | 26.54 M | 4.71 M |
| Price To Earning | 276.47 X | 28.72 X |
| Price To Sales | 0.35 X | 11.42 X |
| Revenue | 2.13 B | 9.43 B |
| Gross Profit | 1.15 B | 27.38 B |
| EBITDA | 514.89 M | 3.9 B |
| Net Income | (159.21 M) | 570.98 M |
| Cash And Equivalents | 286.78 M | 2.7 B |
| Cash Per Share | 0.66 X | 5.01 X |
| Total Debt | 7.17 B | 5.32 B |
| Debt To Equity | (9.08) % | 48.70 % |
| Current Ratio | 0.97 X | 2.16 X |
| Book Value Per Share | (7.17) X | 1.93 K |
| Cash Flow From Operations | 31.25 M | 971.22 M |
| Short Ratio | 10.82 X | 4.00 X |
| Earnings Per Share | (0.33) X | 3.12 X |
| Price To Earnings To Growth | (17.22) X | 4.89 X |
| Target Price | 2.29 | |
| Number Of Employees | 3.9 K | 18.84 K |
| Beta | 2.92 | -0.15 |
| Market Capitalization | 725.58 M | 19.03 B |
| Total Asset | 5.2 B | 29.47 B |
| Retained Earnings | (6.78 B) | 9.33 B |
| Working Capital | 73.67 M | 1.48 B |
| Current Asset | 1.57 B | 9.34 B |
| Current Liabilities | 920.61 M | 7.9 B |
Note: Disposition of 12584 shares by Pacific Investment Management Co Llc of Clear Channel at 1.55 subject to Rule 16b-3 [view details]
Clear Channel Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Clear . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Clear Channel Buy or Sell Advice
When is the right time to buy or sell Clear Channel Outdoor? Buying financial instruments such as Clear Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 568.6M | 654.9M | 552.1M | 459.5M | Total Assets | 5.3B | 5.1B | 5.2B | 4.8B |
Use Investing Ideas to Build Portfolios
In addition to having Clear Channel in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Clear Channel Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Clear Channel Outdoor information on this page should be used as a complementary analysis to other Clear Channel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Clear Channel's price analysis, check to measure Clear Channel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clear Channel is operating at the current time. Most of Clear Channel's value examination focuses on studying past and present price action to predict the probability of Clear Channel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clear Channel's price. Additionally, you may evaluate how the addition of Clear Channel to your portfolios can decrease your overall portfolio volatility.
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Is Clear Channel's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clear Channel. If investors know Clear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clear Channel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Earnings Share (0.33) | Revenue Per Share 4.416 | Quarterly Revenue Growth 0.124 | Return On Assets 0.0301 |
The market value of Clear Channel Outdoor is measured differently than its book value, which is the value of Clear that is recorded on the company's balance sheet. Investors also form their own opinion of Clear Channel's value that differs from its market value or its book value, called intrinsic value, which is Clear Channel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clear Channel's market value can be influenced by many factors that don't directly affect Clear Channel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clear Channel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clear Channel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clear Channel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.