Clear Channel Outdoor Holdings (CCO) Earning Somewhat Favorable News Coverage, Accern Reports
Media coverage about Clear Channel Outdoor Holdings (NYSE:CCO) has been trending somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Clear Channel Outdoor Holdings earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.9190629503287 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected Accern’s rankings:
- Why Clear Channel Outdoor Holdings (CCO) Could Be Positioned for a Slump – Nasdaq (nasdaq.com)
- Clear Channel Outdoor Holdings, Inc. :CCO-US: Earnings Analysis: Q3, 2017 By the Numbers : November 15, 2017 (finance.yahoo.com)
- ETFs with exposure to Clear Channel Outdoor Holdings, Inc. : November 16, 2017 (finance.yahoo.com)
A number of equities research analysts have issued reports on CCO shares. ValuEngine downgraded shares of Clear Channel Outdoor Holdings from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Zacks Investment Research downgraded shares of Clear Channel Outdoor Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Finally, Loop Capital cut their target price on shares of Clear Channel Outdoor Holdings from $5.00 to $4.00 and set a “hold” rating for the company in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $5.25.
Shares of Clear Channel Outdoor Holdings (CCO) traded up $0.15 on Wednesday, hitting $4.40. 160,100 shares of the stock traded hands, compared to its average volume of 189,744. Clear Channel Outdoor Holdings has a 52 week low of $3.35 and a 52 week high of $6.35. The firm has a market cap of $1,546.93, a price-to-earnings ratio of 212.50 and a beta of 1.61. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of -4.10.
The firm also recently declared a dividend, which was paid on Tuesday, October 31st. Stockholders of record on Thursday, October 26th were paid a dividend of $0.0687 per share. The ex-dividend date was Wednesday, November 1st.
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About Clear Channel Outdoor Holdings
Clear Channel Outdoor Holdings, Inc is an outdoor advertising company. The Company provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes and spectaculars. Its segments include Americas outdoor advertising (Americas) and International outdoor advertising (International).
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