The growth of the EPS is critical in understanding the current valuation of Clear Channel Outdoor. It is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 4.60 % over the last twelve months. The higher the EPS growth rate, the higher the value that is added to shareholders and a good reflection on the performance of the management at Clear Channel Outdoor.



Clear Channel Outdoor is in the consumer cyclical sector and trades as part of the advertising and marketing services industry. The company CEO is Robert W. Pittman. Clear Channel Outdoor Inc is a outdoor advertising company. It is engaged in providing advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays to its clients.

Previous Intraday Performance:

The CCO shares had a previous change of -0.20% which opened at 5.05 and closed at 5.11. It moved to an intraday high of 5.19 and a low of 5.05.

SeekingAlpha:  Clear Channel, Outfront rise as JCDecaux floats buyout idea

Historical Performance:

Over the last five trading days, CCO shares returned -2.29% and in the past 30 trading days it returned -17.18%. Over three months, it changed 11.09%. In one year it has changed 20.91% and within that year its 52-week high was 6.38 and its 52-week low was 3.90. CCO stock is 31.03% above its 52 Week Low.

Our calculations result in a 200 day moving average of 4.97 and a 50 day moving average of 5.76. Right now, CCO stock is trading 2.80% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Clear Channel, Outfront rise as JCDecaux floats buyout idea

Liquidity:

The company has a market cap of $1.9b with 365.4m shares outstanding and a float of 362.3m shares. Trading volume was 138,649 shares and has experienced an average volume of 97,981 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Clear Channel Outdoor was -1.77 which ended on 31st of December 2017. Based on 1 analyst estimate, the estimated EPS for the next quarter is -0.10.

Below was the last reported quarterly earnings per share:
09-30-2018:  -0.18
06-30-2018:  -0.14
03-31-2018:  -0.35
12-31-2017:  0

Base on our calculations, the intrinsic value per share is 1.46, which means it might overvalued by -249.64%



Indicators Also to Watch:

Based on the latest filings, there is 10.20% of institutional ownership. Short-interest was 348,566, which was 0.10% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.15. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 1.40

SeekingAlpha:  Tracking Wallace Weitz’s Weitz Investment Management Portfolio – Q3 2018 Update

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -15.62%, profit margin is -28.50%, price-to-sales is 0.69 and price-to-book is 26.21.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 3  : Financial Safety Result
 1  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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