Iheartmedia Class A Stock Today
| IHRT Stock | USD 2.12 0.17 8.72% |
Performance0 of 100
| Odds Of DistressLess than 40
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IHeartMedia is selling for under 2.12 as of the 24th of April 2024; that is 8.72 percent up since the beginning of the trading day. The stock's last reported lowest price was 1.94. IHeartMedia has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for iHeartMedia Class A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 7th of May 2019 | Category Communication Services |
iHeartMedia, Inc. operates as a media and entertainment company worldwide. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. is headquartered in San Antonio, Texas. The company has 123.4 M outstanding shares of which 5.46 M shares are currently shorted by private and institutional investors with about 4.89 trading days to cover. More on iHeartMedia Class A
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Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
IHeartMedia Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IHeartMedia's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IHeartMedia or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Christopher Eccleshare | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Communication (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Broadcasting, Media & Entertainment, Communication Services, NASDAQ Composite, Communication, Communication Services, Media, Broadcasting, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering IHeartMedia report their recommendations after researching IHeartMedia's financial statements, talking to executives and customers, or listening in on IHeartMedia's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering iHeartMedia Class. The IHeartMedia consensus assessment is calculated by taking the average forecast from all of the analysts covering IHeartMedia. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from IHeartMedia's financial statements, iHeartMedia Class A may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of iHeartMedia Class is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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IHeartMedia's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to IHeartMedia's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand IHeartMedia's financial leverage. It provides some insight into what part of IHeartMedia's total assets is financed by creditors.
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iHeartMedia Class A (IHRT) is traded on NASDAQ Exchange in USA. It is located in 20880 Stone Oak Parkway, San Antonio, TX, United States, 78258 and employs 9,180 people. IHeartMedia is listed under Broadcasting category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 275.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate IHeartMedia's market, we take the total number of its shares issued and multiply it by IHeartMedia's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. iHeartMedia Class conducts business under Media sector and is part of Communication Services industry. The entity has 123.4 M outstanding shares of which 5.46 M shares are currently shorted by private and institutional investors with about 4.89 trading days to cover.
iHeartMedia Class A currently holds about 294.83 M in cash with 213.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.99.
Check IHeartMedia Probability Of Bankruptcy
Ownership AllocationIHeartMedia secures a total of 123.4 Million outstanding shares. The majority of iHeartMedia Class outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in IHeartMedia to benefit from reduced commissions. Accordingly, third-party entities are subject to a different set of regulations than regular investors in iHeartMedia Class A. Please pay attention to any change in the institutional holdings of iHeartMedia Class as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check IHeartMedia Ownership Details
IHeartMedia Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of IHeartMedia jumping above the current price in 90 days from now is about 72.57%. The iHeartMedia Class A probability density function shows the probability of IHeartMedia stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 3.0338. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, IHeartMedia will likely underperform. Additionally, iHeartMedia Class A has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IHeartMedia to move above the current price in 90 days from now is about 72.57 (This iHeartMedia Class A probability density function shows the probability of IHeartMedia Stock to fall within a particular range of prices over 90 days) .
IHeartMedia Stock Institutional Holders
Institutional Holdings refers to the ownership stake in IHeartMedia that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IHeartMedia's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IHeartMedia's value.| Instituion | Recorded On | Shares | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 1.8 M | |
| Federated Hermes Inc | 2023-12-31 | 1.7 M | |
| Loomis, Sayles & Company Lp | 2023-12-31 | 1.5 M | |
| Citadel Advisors Llc | 2023-09-30 | 1.4 M | |
| Aqr Capital Management Llc | 2023-12-31 | 1.2 M | |
| Wells Fargo & Co | 2023-12-31 | 1.1 M | |
| Northern Trust Corp | 2023-12-31 | 990.3 K | |
| Two Sigma Investments Llc | 2023-12-31 | 915.6 K | |
| Apollo Management Holdings, L.p. | 2023-12-31 | 908.2 K | |
| Allianz Asset Management Ag | 2023-12-31 | 22.6 M | |
| Blackrock Inc | 2023-12-31 | 8.3 M |
IHeartMedia Historical Income Statement
iHeartMedia Class A Income Statement is one of the three primary financial statements used for reporting IHeartMedia's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of iHeartMedia Class revenue and expense. IHeartMedia Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, IHeartMedia's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 4.3 B in 2024, whereas EBIT is likely to drop slightly above 220.9 M in 2024. View More FundamentalsIHeartMedia Stock Against Markets
Picking the right benchmark for IHeartMedia stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IHeartMedia stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IHeartMedia is critical whether you are bullish or bearish towards iHeartMedia Class A at a given time. Please also check how IHeartMedia's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IHeartMedia without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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IHeartMedia Corporate Directors
IHeartMedia corporate directors refer to members of an IHeartMedia board of directors. The board of directors generally takes responsibility for the IHeartMedia's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of IHeartMedia's board members must vote for the resolution. The IHeartMedia board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jonathon Jacobson | Independent Director | Profile | |
| Laura Grattan | Director | Profile | |
| Julia Donnelly | Director | Profile | |
| Ian Loring | Director | Profile |
How to buy IHeartMedia Stock?
Before investing in IHeartMedia, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IHeartMedia. To buy IHeartMedia stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IHeartMedia. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IHeartMedia stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iHeartMedia Class A stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iHeartMedia Class A stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as iHeartMedia Class A, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IHeartMedia Stock please use our How to Invest in IHeartMedia guide.
Already Invested in iHeartMedia Class A?
The danger of trading iHeartMedia Class A is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IHeartMedia is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IHeartMedia. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iHeartMedia Class is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iHeartMedia Class is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IHeartMedia Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Iheartmedia Class A Stock. Highlighted below are key reports to facilitate an investment decision about Iheartmedia Class A Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iHeartMedia Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for IHeartMedia Stock analysis
When running IHeartMedia's price analysis, check to measure IHeartMedia'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 IHeartMedia is operating at the current time. Most of IHeartMedia's value examination focuses on studying past and present price action to predict the probability of IHeartMedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IHeartMedia's price. Additionally, you may evaluate how the addition of IHeartMedia to your portfolios can decrease your overall portfolio volatility.
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Is IHeartMedia'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 IHeartMedia. If investors know IHeartMedia 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 IHeartMedia 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 (0.85) | Earnings Share (7.39) | Revenue Per Share 25.132 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0142 |
The market value of iHeartMedia Class is measured differently than its book value, which is the value of IHeartMedia that is recorded on the company's balance sheet. Investors also form their own opinion of IHeartMedia's value that differs from its market value or its book value, called intrinsic value, which is IHeartMedia'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 IHeartMedia's market value can be influenced by many factors that don't directly affect IHeartMedia'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 IHeartMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if IHeartMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IHeartMedia'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.