How to Buy Clear Channel Outdoor Holdings Stock
Clear Channel Outdoor Holdings Inc
Clear Channel Outdoor Holdings is a advertising agency company located in Texas, United States, which is part of the Communication Services sector, and is traded under the ticker CCO on the NYSE exchange.
Clear Channel Outdoor Holdings stock last closed at $1.44, down 4% from the previous day, and has increased 16.13% in one year. It has overperformed other stocks in the Advertising Agencies industry by 0.11 percentage points. Clear Channel Outdoor Holdings stock is currently +45.45% from its 52-week low of $0.99, and -29.93% from its 52-week high of $2.06.
As of Apr 24, 2024, there are 483.72M shares of CCO outstanding. The market capitalization of CCO is $696.56M. In the past 24 hours, 1.03M CCO shares were traded.
How to Buy Clear Channel Outdoor Holdings Stock
Not sure how to invest in Clear Channel Outdoor Holdings stock? Here's how.
- Decide where to buy Clear Channel Outdoor Holdings stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Clear Channel Outdoor Holdings stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Select your payment method and add your details.
- Evaluate Clear Channel Outdoor Holdings stock: The Clear Channel Outdoor Holdings ticker symbol is CCO. Is Clear Channel Outdoor Holdings stock a good investment? Should you buy shares of CCO? How do CCO's underlying business fundamentals look? Do top analysts think Clear Channel Outdoor Holdings is a good buy? Why has CCO's stock price moved recently? (Hint: Our stock research tools can help you understand if CCO is a good stock to buy).
- Execute your CCO purchase: Decide if you will purchase CCO shares at the current market price or use a limit order to purchase CCO stock at a given price.
- Get key alerts regarding your CCO position: Create a watchlist to important notifications about your position in Clear Channel Outdoor Holdings shares.
Step 1: Decide where to buy Clear Channel Outdoor Holdings stock
You need an online brokerage account to access the NYSE market and buy CCO stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal information so you are able to buy CCO stock today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock market app, you can securely and quickly fund your account:
Check out this video walkthrough if you need help transferring funds into your brokerage account.
Step 4: Evaluate Clear Channel Outdoor Holdings stock
Once you have decided on the best place to buy Clear Channel Outdoor Holdings stock, it's crucial to evaluate their stock before you invest, so you actually comprehend the risk and opportunity.
Clear Channel Outdoor Holdings stock data
CCO Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on CCO's stock page.
Is CCO stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge CCO's true value.
You can access additional valuation research on CCO's stock here.
CCO Financial Health
Pros:
- CCO has cash burn of 135340000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the CCO balance sheet.
- CCO has $251.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $135.34M.
Cons:
- CCO profit margin has gone down from -4.8% to -14.6% in the past year.
- Total CCO debt is still negative.
- CCO debt to equity ratio of -2.36 is negative.
- There are more long-term liabilities than short-term assets on the CCO balance sheet.
Is CCO stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Wall Street analysts who give forecasts on CCO, the consensus analyst rating on CCO is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Clear Channel Outdoor Holdings stock forecast page.
CCO Technical Indicators
Is CCO Growing Revenue?
Last year, CCO revenue was $2.13B. During the last 5 year, CCO's revenue has increased by -4.81% per year. This was slower than the Advertising Agencies industry average of 3.21%.
Find out more about CCO's earnings and revenue performance here.
Are CCO executives and large shareholders buying or selling the stock?
In the last 12 months, executives and large shareholders at CCO have sold more shares than they have bought.
Pacific Investment Management Co LLC, 10% Owner of CCO, was the latest CCO insider to sell. They sold $19,505.20 worth of CCO shares on Apr 10, 2024.
Research more about who owns CCO shares here.
Can I rely on CCO as an income stream?
No, Clear Channel Outdoor Holdings doesn't provide an income stream by paying out dividends.
Get opinions from other traders
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Step 5: Execute your CCO purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open button and your broker will place your order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your CCO position
Now that you own some shares in CCO, you'll want to keep up with your new stock purchase.
Create a watchlist to get the latest updates about your CCO stock.
CCO Feed
How to Buy Stock in Clear Channel Outdoor Holdings
To summarize, here are the 6 steps to buy stock in Clear Channel Outdoor Holdings:
- Decide where to buy Clear Channel Outdoor Holdings stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Evaluate Clear Channel Outdoor Holdings stock
- Execute your CCO purchase
- Get key alerts regarding your CCO position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Clear Channel Outdoor Holdings, add CCO to your watchlist by clicking the button below.
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