(IHRT) iHeartMedia - Ratings and Ratios

iHeartMedia, Inc. is a leading audio media company in the United States, operating through three distinct segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group, offering a diverse range of services including broadcast radio, digital audio, and media representation.

The companys Multiplatform Group is a significant player in the traditional radio broadcasting space, with a portfolio of radio stations and a national radio network, Premiere Networks, that distributes syndicated radio programs to affiliates. Additionally, this segment provides real-time traffic and weather updates, sports, and news, further enhancing its reach and engagement.

iHeartMedias Digital Audio Group is at the forefront of the digital audio revolution, offering a range of services including podcasting, digital sites, and ad tech platforms. The iHeartRadio app and web-based service provide users with access to live and on-demand radio, custom stations, and podcasts, making it a significant player in the digital audio landscape.

The Audio & Media Services Group provides a range of services to media companies, including scheduling and broadcast software, RCS cloud and on-premises broadcast software, and real-time audio recognition technology. These services are designed to support the operational needs of radio and television stations, as well as media streaming and research services.

From a technical analysis perspective, IHRTs stock price is currently at $1.23, with a 20-day SMA of $1.09 and a 50-day SMA of $1.35, indicating a potential bullish trend. The ATR of 0.13 represents a 10.31% volatility, suggesting that the stock is experiencing significant price movements. Given the current price is near the lower end of its 52-week range ($0.86 - $2.61), theres potential for growth if it can break through the resistance levels.

Fundamentally, iHeartMedia has a market capitalization of $174.28M USD and a forward P/E ratio of 3.98, indicating that the stock may be undervalued relative to its future earnings potential. The Return on Equity (RoE) of 98.38% suggests that the company is generating significant profits from its equity, which is a positive indicator.

Combining both technical and fundamental analysis, a potential forecast for IHRT is that it may experience a short-term bullish trend if it can break through the $1.35 resistance level (50-day SMA). If the company can continue to demonstrate strong earnings growth, as suggested by the forward P/E ratio, the stock price may continue to rise, potentially reaching the $2.61 level (52-week high). However, the high volatility (ATR of 10.31%) indicates that there are significant risks involved, and investors should be cautious.