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CCO
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$1.12
Change
+$0.05 (+4.67%)
Capitalization
508.56M

CCO Price Prediction, Clear Channel Outdoor Holdings AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

CCO's Indicator enters downward trend

The Aroon Indicator for CCO entered a downward trend on July 01, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 145 similar instances where the Aroon Indicator formed such a pattern. In 126 of the 145 cases the stock moved lower. This puts the odds of a downward move at 87%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CCO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CCO's RSI Indicator exited the oversold zone, of 18 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on CCO as a result. In of 64 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CCO just turned positive on May 27, 2022. Looking at past instances where CCO's MACD turned positive, the stock continued to rise in of 29 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CCO advanced for three days, in of 195 cases, the price rose further within the following month. The odds of a continued upward trend are .

CCO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.000) is normal, around the industry mean (3.703). P/E Ratio (0.000) is within average values for comparable stocks, (48.130). CCO's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.961). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (0.216) is also within normal values, averaging (60.416).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CCO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CCO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

CCO is expected to report earnings to fall 85.08% to -2 cents per share on August 04

Clear Channel Outdoor Holdings CCO Stock Earnings Reports
Q2'22
Est.
$-0.03
Q1'22
Missed
by $0.03
Q4'21
Est.
$0.13
Q3'21
Est.
$-0.08
Q2'21
Missed
by $0.05
The last earnings report on May 10 showed earnings per share of -19 cents, missing the estimate of -15 cents. With 1.85M shares outstanding, the current market capitalization sits at 508.56M.
AI
A.I.Advisor
published Highlights

Industry description

Making a brand known to people, garnering more clients/consumers for its product and solidifying the brand’s position in an industry – all of these are essential to a company’s growth, and that’s where marketing/advertising come in as one of the key catalysts. Advertising industry is a global multibillion-dollar business of public relations and marketing companies, media services and advertising agencies – entities that help to connect manufacturers/producers with customers. Digital media has played a big role in the growth of global advertising, and agencies invest substantially to integrate advanced technologies into their business operations. According to some estimates, the U.S. advertising industry is expected to generate revenue of $52.6 billion by 2023, up from almost $40 billion in 2015 . Omnicom Group Inc., Trade Desk, Inc. and Interpublic Group of Companies, Inc. are some of the major U.S. companies in the industry.

Market Cap

The average market capitalization across the Advertising/Marketing Services Industry is 1.59B. The market cap for tickers in the group ranges from 58.46K to 13.09B. OMC holds the highest valuation in this group at 13.09B. The lowest valued company is BWAV at 58.46K.

High and low price notable news

The average weekly price growth across all stocks in the Advertising/Marketing Services Industry was 1%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -16%. NWCN experienced the highest price growth at 40%, while BLAB experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Advertising/Marketing Services Industry was -83%. For the same stocks of the Industry, the average monthly volume growth was -48% and the average quarterly volume growth was -64%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 64
Price Growth Rating: 62
SMR Rating: 45
Profit Risk Rating: 91
Seasonality Score: -27 (-100 ... +100)
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AI
A.I. Advisor
published General Information

General Information

a provider of outdoor advertising services

Industry AdvertisingMarketingServices

Profile
Fundamentals
Details
Industry
Advertising Or Marketing Services
Address
4830 North Loop 1604 West
Phone
+1 210 547-8800
Employees
4600
Web
https://www.clearchanneloutdoor.com

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CCO and

Correlation & Price change

A.I.dvisor indicates that over the last year, CCO has been loosely correlated with NCMI. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if CCO jumps, then NCMI could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CCO
1D Price
Change %
CCO100%
+4.67%
NCMI - CCO
56%
Loosely correlated
+2.42%
IPG - CCO
48%
Loosely correlated
+0.94%
ZD - CCO
45%
Loosely correlated
+1.10%
MGNI - CCO
45%
Loosely correlated
+1.69%
OMC - CCO
45%
Loosely correlated
+1.08%
More