Clear Channel Outdoor Holdings Company Profile (NYSE:CCO)

Clear Channel Outdoor Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCO."

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) announced its quarterly earnings results on Thursday, May, 4th. The company reported ($0.08) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.15) by $0.07. The firm had revenue of $544.73 million for the quarter, compared to analyst estimates of $559.30 million. Clear Channel Outdoor Holdings had a negative net margin of 0.05% and a negative return on equity of 3.04%. View Clear Channel Outdoor Holdings' Earnings History.

Clear Channel Outdoor Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Clear Channel Outdoor Holdings.

3 analysts have issued 1 year price targets for Clear Channel Outdoor Holdings' stock. Their forecasts range from $5.50 to $14.00. On average, they anticipate Clear Channel Outdoor Holdings' stock price to reach $8.42 in the next twelve months. View Analyst Ratings for Clear Channel Outdoor Holdings.

Here are some recent quotes from research analysts about Clear Channel Outdoor Holdings stock:

• 1. According to Zacks Investment Research, "Clear Channel Outdoor Holdings, based in San Antonio, TX, is a global leader in outdoor advertising displays in countries across continents. In the United States, the company operates advertising displays and has a presence of the top DMA regions. It manages a large portion of Spectacular Displays in Times Square as well as Airport, Taxi and Mall advertising worldwide. Adshel is the company's International street furniture division. " (2/24/2017)
• 2. Wedbush analysts commented, "Slow boat to Americas outdoor pushes our estimates down, leverage outlook up, and trims PT. Weak national advertising seems to be weighing on all U.S. billboard operators in 1Q, including CCO. CCO returns have underperformed LAMR by ~30 points and OUT by ~20 points since election and we expect this divergence to continue because 1) CCO is crippled by high leverage, and 2) CCO does not benefit from addition of REIT index adjustments. While CCO beat our 4Q16 estimates, low guide for 1Q17, and potential continuing stagnation in the sector and CCO's heavy debt burden (7.8x at 12/31/16 from 7.5x at 9/30/16) make us wary of CCO's ability to compete as the sector must invest in digital conversions and capabilities. Recent sale of assets in Indianapolis and Atlanta continues the divestiture parade." (2/24/2017)
• 3. Credit Suisse Group AG analysts commented, "We estimate a reassessment of C$727Mln in taxable income in Q4. Valuation: We estimate Cameco is trading at an equity-implied uranium price of $50/lb, a 39% premium to the current UxC LT price of $36/lb – and compares to the post-Fukushima average of 24%." (11/21/2016)

Some companies that are related to Clear Channel Outdoor Holdings include Convergys Corp (CVG), TriNet Group (TNET), VeriFone Systems (PAY), Steelcase (SCS), TeleTech Holdings (TTEC), Avis Budget Group (CAR), Herman Miller (MLHR), HNI Corp (HNI), Korn/Ferry International (KFY), Green Dot (GDOT), ExlService Holdings (EXLS), WNS (Holdings) Limited (WNS), Insperity (NSP), Core-Mark Holding Company (CORE), Fang Holdings Ltd (SFUN), Envestnet (ENV), Cardtronics PLC (CATM) and Exponent (EXPO).

Clear Channel Outdoor Holdings' stock is owned by a number of of retail and institutional investors. Top institutional investors include CLEAR CHANNEL HOLDINGS, INC. (89.90%), JPMorgan Chase & Co. (1.50%), Abrams Capital Management L.P. (0.93%), Canyon Capital Advisors LLC (0.86%), Gabelli Funds LLC (0.77%) and Vanguard Group Inc. (0.77%). View Institutional Ownership Trends for Clear Channel Outdoor Holdings.

Clear Channel Outdoor Holdings' stock was sold by a variety of institutional investors in the last quarter, including Blackstone Group L.P., DW Partners LP, California Public Employees Retirement System, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., O Shaughnessy Asset Management LLC, Cornerstone Capital Management Holdings LLC. and Canyon Capital Advisors LLC. View Insider Buying and Selling for Clear Channel Outdoor Holdings.

Clear Channel Outdoor Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Blue Sky Asset Management LLC, Vanguard Group Inc., AEGON USA Investment Management LLC, Gallagher Fiduciary Advisors LLC, Mariner Investment Group LLC, Phoenix Investment Adviser LLC, Bank of America Corp DE and Renaissance Technologies LLC. View Insider Buying and Selling for Clear Channel Outdoor Holdings.

Shares of Clear Channel Outdoor Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Clear Channel Outdoor Holdings stock can currently be purchased for approximately $3.55.