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) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of ($0.01). The company had revenue of $672.32 million for the quarter, compared to the consensus estimate of $672.22 million. Clear Channel Outdoor Holdings had a net margin of 1.40% and a negative return on equity of 3.35%. View Clear Channel Outdoor Holdings' Earnings History.

3 brokerages have issued 1-year price objectives for Clear Channel Outdoor Holdings' shares. Their predictions range from $5.50 to $14.00. On average, they expect Clear Channel Outdoor Holdings' share price to reach $8.42 in the next year. 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. " (8/17/2017)
• 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)

Some companies that are related to Clear Channel Outdoor Holdings include Avis Budget Group (CAR), TriNet Group (TNET), On Assignment (ASGN), Sotheby's (BID), WageWorks (WAGE), Green Dot Corporation (GDOT), Convergys Corporation (CVG), Verifone Systems (PAY), Herman Miller (MLHR), Envestnet (ENV), TeleTech Holdings (TTEC), ExlService Holdings (EXLS), Korn/Ferry International (KFY), WNS (Holdings) Limited (WNS), Insperity (NSP), Exponent (EXPO), Steelcase (SCS) and HNI Corporation (HNI).

Clear Channel Outdoor Holdings' management team includes the folowing people:

• Robert W. Pittman, Executive Chairman of the Board, Chief Executive Officer
• Richard J. Bressler, Chief Financial Officer
• Christopher William Eccleshare, Chairman and Chief Executive Officer - International Division
• Scott R. Wells, Chief Executive Officer, Americas Division
• Robert H. Walls Jr., Executive Vice President, General Counsel, Secretary
• Steven J. Macri, Senior Vice President - Corporate Finance
• Scott D. Hamilton, Senior Vice President, Chief Accounting Officer, Assistant Secretary
• Dale W. Tremblay, Presiding Independent Director
• Blair E. Hendrix, Director
• Daniel G. Jones, Director

Clear Channel Outdoor Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (1.58%), Abrams Capital Management L.P. (0.93%), Vanguard Group Inc. (0.86%), Canyon Capital Advisors LLC (0.85%), Gamco Investors INC. ET AL (0.61%) and State Street Corp (0.19%). 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 Mariner Investment Group LLC, Gamco Investors INC. ET AL, New York State Common Retirement Fund, Gallagher Fiduciary Advisors LLC, Parametric Portfolio Associates LLC, Canyon Capital Advisors LLC, Alliancebernstein L.P. and California State Teachers Retirement System. View Insider Buying and Selling for Clear Channel Outdoor Holdings.

Clear Channel Outdoor Holdings' stock was bought by a variety of institutional investors in the last quarter, including Alta Fundamental Advisers LLC, Northern Trust Corp, Vanguard Group Inc., JPMorgan Chase & Co., AEGON USA Investment Management LLC, Zazove Associates LLC, Dimensional Fund Advisors LP and Schwab Charles Investment Management Inc.. 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 $4.15.