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iHeartMedia (IHRT)
NASDAQ:IHRT
IHRT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.81 - $3.04
Previous CloseN/A
Volume178.65K
Average Volume (3M)571.32K
Market Cap
$274.22M
Enterprise Value$5.87B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.96
Next Earnings
Feb 27, 2025EPS Estimate
0.37Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.80
Shares Outstanding125,788,440
10 Day Avg. Volume458,917
30 Day Avg. Volume571,317
Standard Deviation0.23
R-Squared0.16
Alpha-0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.09
Price to Cash Flow (P/CF)0.80
P/FCF Ratio1.10
Enterprise Value/Market Cap21.40
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.60
Enterprise Value/Ebitda-20.60
Forecast
1Y Price Target
$3.00Price Target Upside37.61% Upside
Rating ConsensusHold
Number of Analyst Covering2
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Bulls Say, Bears Say
Bulls Say
Advertising RevenueIHRT is poised to start generating incremental advertising revenue from programmatic, potentially increasing sell-out rates.
Digital Audio GrowthPodcasting continues to lead growth in Digital Audio Group, with total digital revenues up 12.7% and the environment for podcast advertising remains encouraging.
Revenue DiversificationThe reaffirmed MARKET PERFORM investment rating highlights iHeart's progress in diversifying its revenue base, now 30% from digital, with a focus on generating rapid growth in digital businesses.
Bears Say
Advertising Market ChallengesA difficult radio ad market remains a headwind, and political revenues are somewhat below expectations, impacting EBITDA guidance.
Debt Restructuring RiskThere is risk that IHRT is unable to come to a favorable agreement with creditors during debt restructuring talks.
Macroeconomic EnvironmentThe current macroeconomic environment coupled with IHRT's capital structure should weigh on shares in the near term.
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Ownership Overview
7.25% Insiders
21.08% Mutual Funds
17.95% Other Institutional Investors
42.71% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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IHRT FAQ
What was iHeartMedia’s price range in the past 12 months?
iHeartMedia lowest stock price was $0.81 and its highest was $3.04 in the past 12 months.
What is iHeartMedia’s market cap?
iHeartMedia’s market cap is $274.22M.
When is iHeartMedia’s upcoming earnings report date?
iHeartMedia’s upcoming earnings report date is Feb 27, 2025 which is in 5 days.
How were iHeartMedia’s earnings last quarter?
iHeartMedia released its earnings results on Nov 07, 2024. The company reported -$0.27 earnings per share for the quarter, missing the consensus estimate of $0.008 by -$0.278.
Is iHeartMedia overvalued?
According to Wall Street analysts iHeartMedia’s price is currently Undervalued.
Does iHeartMedia pay dividends?
iHeartMedia does not currently pay dividends.
What is iHeartMedia’s EPS estimate?
iHeartMedia’s EPS estimate is 0.37.
How many shares outstanding does iHeartMedia have?
iHeartMedia has 125,788,440 shares outstanding.
What happened to iHeartMedia’s price movement after its last earnings report?
iHeartMedia reported an EPS of -$0.27 in its last earnings report, missing expectations of $0.008. Following the earnings report the stock price went up 25.287%.
Which hedge fund is a major shareholder of iHeartMedia?
Currently, no hedge funds are holding shares in IHRT
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iHeartMedia Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$3.00 (37.61% Upside)
$3.00 (37.61% Upside)
Blogger Sentiment
Bullish
IHRT Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 56.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $96.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-15.83%
12-Months-Change
Fundamentals
Return on Equity
108.95%
Trailing 12-Months
Asset Growth
-15.97%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant strategic initiatives, such as debt restructuring and cost savings, which indicate a positive trajectory for iHeartMedia's financial health. However, challenges in the Multiplatform Group and uncertainties in political advertising impacted the overall performance. Despite these concerns, the strong growth in Digital Audio and Audio & Media Services segments, along with future cost-saving measures, suggest a cautiously optimistic outlook.Read More>---
IHRT Stock 12 Month Forecast
Average Price Target
$3.00
▲(37.61% Upside)
Technical Analysis
Best Analysts Covering IHRT
1 Year
1 Year Success Rate
1/9 ratings generated profit
1 Year Average Return
-9.88%
reiterated a buy rating 3 months ago
Copying Curry Baker's trades and holding each position for 1 Year would result in 11.11% of your transactions generating a profit, with an average return of -9.88% per trade.
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