Professional
Added to YB: 2024-08-02
Pitch date: 2024-07-31
CCO [neutral]
Clear Channel Outdoor Holdings, Inc.
+45.12%
current return
Author Info
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Company Info
Clear Channel Outdoor Holdings, Inc. operates as an out-of-home advertising company in the United States, Europe, and internationally.
Market Cap
$811.3M
Pitch Price
$1.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.48
P/E
-5.13
EV/Sales
3.60
Sector
Media
Category
growth
Pernas Research Passes On: Clear Channel Outdoor Holdings, Inc.
CCO: Outdoor ad co, $823M mkt cap, 9.4x EV/EBITDA. Good growth from digital conversion. Selling low-margin EU biz to cut debt & fund US growth. Risks: EU sale uncertain due to regulations, unclear market penetration & digitization potential, municipal approval needed. PASS - too complex.
Read full article (1 min)