CCO Stock Analysis: Clear Channel Outdoor | NYSE
Advertising Agencies | NYSE, USA | Market Cap: 1.222m USD | 12M Return: 92.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.0M
Qual. Beats: 0
Rev. Trend: -89.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) is an out-of-home (OOH) advertising company operating in the United States and Singapore through two segments: America and Airports. The company generates revenue by selling advertising space on billboards, street furniture (such as bus shelters and kiosks), transit displays (in rail stations and on buses, trains, and trams), wallscapes, and both commercial and private airport venues. As a pure-play operator in the traditional OOH advertising space, CCO competes by monetizing physical advertising inventory in high-traffic public locations rather than through digital platforms directly, a sectoral distinction that places it under the GICS Advertising sub-industry despite relying on tangible advertising real estate rather than online ad networks.
In addition to its physical display inventory, the company offers a suite of data-driven planning and measurement tools under the RADAR brand, which use anonymized mobile location data to help advertisers plan campaigns, extend reach across devices, and measure attribution. It also maintains a strategic alliance with FootballCo Media Limited to deliver real-time tournament content on digital screens in the U.S. Out-of-home advertising has historically been considered a brand-awareness medium rather than a performance-marketing channel, and the integration of digital screens and location-based audience data such as RADAR reflects the sectors broader shift toward addressable, measurable OOH ad buying.
The company is incorporated in 1995, is headquartered in San Antonio, Texas, and was known as Eller Media Company before adopting its current name in August 2005. It trades as a small-cap stock (market capitalization of approximately $1.2 billion) and is listed on the NYSE under the ticker CCO.
- America segment revenue pressured by softening ad spending
- Airport advertising benefits from rising passenger traffic recovery
- High leverage and rising rates pressure interest expense margins
| Net Income: -205.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 1.07 > 1.0 |
| NWC/Revenue: 8.98% < 20% (prev 17.01%; Δ -8.03% < -1%) |
| CFO/TA 0.03 > 3% & CFO 103.2m > Net Income -205.4m |
| Net Debt (7.60b) to EBITDA (239.6m): 31.71 < 3 |
| Current Ratio: 1.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (498.4m) vs 12m ago 1.65% < -2% |
| Gross Margin: 48.55% > 18% (prev 54.12%; Δ -5.57% > 0.5%) |
| Asset Turnover: 42.62% > 50% (prev 37.90%; Δ 4.72% > 0%) |
| Interest Coverage Ratio: 0.17 > 6 (EBIT TTM 66.1m / Interest Expense TTM 394.8m) |
| A: 0.04 (Total Current Assets 733.8m - Total Current Liabilities 586.1m) / Total Assets 3.72b |
| B: -1.88 (Retained Earnings -6.99b / Total Assets 3.72b) |
| C: 0.02 (EBIT TTM 66.1m / Avg Total Assets 3.86b) |
| D: -0.48 (Book Value of Equity -3.44b / Total Liabilities 7.16b) |
| Altman-Z'' = -6.25 = D |
| DSRI: 1.08 (Receivables 345.7m/294.0m, Revenue 1.64b/1.51b) |
| GMI: 1.11 (GM 54.12% / 48.55%) |
| AQI: 1.24 (AQ_t 0.42 / AQ_t-1 0.34) |
| SGI: 1.09 (Revenue 1.64b / 1.51b) |
| TATA: -0.08 (NI -205.4m - CFO 103.2m) / TA 3.72b) |
| Beneish M = -2.66 (Cap -4..+1) = A |
As of July 15, 2026, the stock is trading at USD 2.41 with a total of 2,620,407 shares traded. Over the past week, the price has changed by +0.00%, over one month by +0.42%, over three months by +1.26% and over the past year by +92.80%.
Current recommended Stop Loss: 2.30 (which is 4.6% or 5.5 ATR below the current price).
Clear Channel Outdoor has received a consensus analysts rating of 3.17. Therefore, it is recommended to hold CCO.
- StrongBuy: 1
- Buy: 0
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 2.4 | 0.8% |
P/E Forward = 114.9425
P/S = 0.7462
P/EG = 16.5714
Revenue TTM = 1.64b USD
EBIT TTM = 66.1m USD
EBITDA TTM = 239.6m USD
Long Term Debt = 5.10b USD (from longTermDebt, last quarter)
Short Term Debt = 132.1m USD (from shortTermDebt, last quarter)
Debt = 7.78b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.34b
Net Debt = 7.60b USD (calculated: Debt 7.78b - CCE 182.4m)
Enterprise Value = 8.82b USD (1.22b + Debt 7.78b - CCE 182.4m)
Interest Coverage Ratio = 0.17 (Ebit TTM 66.1m / Interest Expense TTM 394.8m)
EV/FCF = 308.3x (Enterprise Value 8.82b / FCF TTM 28.6m)
FCF Yield = 0.32% (FCF TTM 28.6m / Enterprise Value 8.82b)
FCF Margin = 1.74% (FCF TTM 28.6m / Revenue TTM 1.64b)
Net Margin = -12.50% (Net Income TTM -205.4m / Revenue TTM 1.64b)
Gross Margin = 48.55% ((Revenue TTM 1.64b - Cost of Revenue TTM 845.7m) / Revenue TTM)
Gross Margin QoQ = 40.72% (prev 44.93%)
Tobins Q-Ratio = 2.37 (Enterprise Value 8.82b / Total Assets 3.72b)
Interest Expense / Debt = 5.07% (Interest Expense 394.8m / Debt 7.78b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 52.2m (EBIT 66.1m * (1 - 21.00%))
Current Ratio = 1.25 (Total Current Assets 733.8m / Total Current Liabilities 586.1m)
Debt / Equity = -2.26 (negative equity) (Debt 7.78b / totalStockholderEquity, last quarter -3.44b)
Debt / EBITDA = 31.71 (Net Debt 7.60b / EBITDA 239.6m)
Debt / FCF = 265.6 (Net Debt 7.60b / FCF TTM 28.6m)
Total Stockholder Equity = -3.43b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.33% (Net Income -205.4m / Total Assets 3.72b)
RoE = 5.99% (negative equity) (Net Income TTM -205.4m / Total Stockholder Equity -3.43b)
RoCE = 3.94% (EBIT 66.1m / Capital Employed (Equity -3.43b + L.T.Debt 5.10b))
RoIC = 1.64% (NOPAT 52.2m / Invested Capital 3.19b)
WACC = 4.98% (E(1.22b)/V(9.00b) * Re(11.16%) + D(7.78b)/V(9.00b) * Rd(5.07%) * (1-Tc(0.21)))
Discount Rate = 11.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.48 | Cagr: 1.46%
[DCF] Terminal Value 75.44% ; FCFF base≈28.6m ; Y1≈28.7m ; Y5≈30.4m
[DCF] Fair Price = N/A (negative equity: EV 473.2m - Net Debt 7.60b = -7.12b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.08 | # QB: 0
Revenue Correlation: -89.40 | Revenue CAGR: -14.02% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.01 | Chg30d=N/A | Revisions=+0% | Analysts=3
EPS next Quarter (2026-09-30): EPS=-0.01 | Chg30d=N/A | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.07 | Chg30d=+13.08% | Revisions=+40% | GrowthEPS=-278.3% | GrowthRev=+5.5%
EPS next Year (2027-12-31): EPS=0.01 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+111.0% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +12% (up=3, down=2)