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iHeartMedia (IHRT)
NASDAQ:IHRT
iHeartMedia (IHRT) Stock Price & Analysis
196 Followers
IHRT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.81 - $4.74
Previous Close$1.09
Volume892.43K
Average Volume (3M)1.28M
Market Cap
$134.56M
Enterprise Value$5.85B
Total Cash (Recent Filing)$346.38M
Total Debt (Recent Filing)$6.05B
Price to Earnings (P/E)―
Beta1.65
Next Earnings
Aug 07, 2024EPS Estimate
-$0.31Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.02
Shares Outstanding144,798,362
10 Day Avg. Volume1,862,766
30 Day Avg. Volume1,276,691
Standard Deviation0.21
R-Squared0.18
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-0.03
Price to Sales (P/S)0.03
Price to Cash Flow (P/CF)0.20
P/FCF Ratio0.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.56
Enterprise Value/Gross Profit2.59
Enterprise Value/Ebitda18.82
Forecast
1Y Price Target
$1.00Price Target Upside-15.97% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
iHeartMedia News
Bulls Say, Bears Say
Bulls Say
Core Radio PlatformIHeart’s huge core radio platform offers opportunities in adjacent and related areas, creating growth potential beyond its largest revenue business.
Digital Audio GrowthPodcasting continues to lead growth in the Digital Audio Group, with podcast inventory highly valued by advertisers and revenues up 18% from a year ago.
Political RevenuePolitical revenue is currently pacing ~16% above the $167 million generated in 2020, driving an improvement in leverage to ~5.5x by year-end.
Bears Say
DebtOutstanding debt questions weighing on the stock.
Earnings GuidanceEvent timing cited as driver of EBITDA guidance: Compared to Street expectations, Q2 quarterly guidance of EBITDA between $140-160 million, or a $40 million year-over-year decline at the midpoint on guidance of flattish revenue, is disappointing and contributed to a dramatic negative reaction for the stock.
ValuationsValuations under pressure amid secular headwinds and IHRT’s unsecured notes trading in the 30s.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
IHRT FAQ
What was iHeartMedia’s price range in the past 12 months?
iHeartMedia lowest stock price was $0.81 and its highest was $4.74 in the past 12 months.
What is iHeartMedia’s market cap?
Currently, no data Available
When is iHeartMedia’s upcoming earnings report date?
iHeartMedia’s upcoming earnings report date is Aug 07, 2024 which is in 36 days.
How were iHeartMedia’s earnings last quarter?
iHeartMedia released its earnings results on May 09, 2024. The company reported -$0.12 earnings per share for the quarter, beating the consensus estimate of -$0.562 by $0.442.
Is iHeartMedia overvalued?
According to Wall Street analysts iHeartMedia’s price is currently Overvalued.
Does iHeartMedia pay dividends?
iHeartMedia does not currently pay dividends.
What is iHeartMedia’s EPS estimate?
iHeartMedia’s EPS estimate is -$0.31.
How many shares outstanding does iHeartMedia have?
iHeartMedia has 123,451,750 shares outstanding.
What happened to iHeartMedia’s price movement after its last earnings report?
iHeartMedia reported an EPS of -$0.12 in its last earnings report, beating expectations of -$0.562. Following the earnings report the stock price went down -36.111%.
Which hedge fund is a major shareholder of iHeartMedia?
Among the largest hedge funds holding iHeartMedia’s share is Oak Hill Advisors Lp. It holds iHeartMedia’s shares valued at 10M.
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iHeartMedia Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$1.00 (-15.97% Downside)
$1.00 (-15.97% Downside)
Blogger Sentiment
Bullish
IHRT Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 220.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 0.4%
Last 30 Days ▼ 0.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-70.05%
12-Months-Change
Fundamentals
Return on Equity
-3113.37%
Trailing 12-Months
Asset Growth
-15.89%
Trailing 12-Months
Company Description
iHeartMedia
iHeartMedia, Inc. engages in the provision of media and entertainment services. It operates through the following segments: Audio; Audio and Media Services; and Corporate and Other Reconciling Items. The Audio segment comprises of media and entertainment services via broadcast and digital delivery and also includes events and national syndication businesses. The Audio and Media Services segment consists of the other audio and media services, including the media representation business (Katz Media) and the provider of scheduling and broadcast software (RCS).The company was founded by L. Lowry Mays and B. J. McCombs in 1972 and is headquartered in San Antonio, TX.
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IHRT Company Deck
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IHRT Earnings Call
Q1 2024
0:00 / 0:00
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IHRT Stock 12 Month Forecast
Average Price Target
$1.00
▼(-15.97% Downside)
Technical Analysis
Sirius XM Holdings
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Cumulus Media
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Clear Channel Outdoor
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Beasley Broadcast Group
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Best Analysts Covering IHRT
1 Year
1 Year Success Rate
9/16 ratings generated profit
1 Year Average Return
+13.13%
assigned a sell rating 30 days ago
Copying Jessica Reif Ehrlich's trades and holding each position for 1 Year would result in 56.25% of your transactions generating a profit, with an average return of +13.13% per trade.
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