-0.80%
-8.15%
-20.51%
-16.78%
-29.55%
-66.12%
-36.73%
AI Spotlight on CCO
Company Description
Clear Channel Outdoor Holdings, Inc.owns, operates, and sells advertising displays in the United States and internationally.It operates through two segments, Americas and Europe.
The company offers advertising services through billboards, including bulletins and posters; transit displays, which are advertising surfaces on various types of vehicles or within transit systems; street furniture displays, such as advertising surfaces on bus shelters, information kiosks, freestanding units, and other public structures; spectaculars, which are customized display structures that incorporate videos, multidimensional lettering and figures, mechanical devices and moving parts, and other embellishments; wallscape, a display that drapes over or is suspended from the sides of buildings or other structures.It also provides street furniture equipment, cleaning and maintenance services, operation of public bike programs, and production services; and a public bicycle rental program, which offers bicycles for rent to the general public in various municipalities.As of December 31, 2021, it owned or operated approximately 69,000 advertising displays in the Americas; and 430,000 advertising displays in Europe.
The company was formerly known as Eller Media Company and changed its name to Clear Channel Outdoor Holdings, Inc.in August 2005.Clear Channel Outdoor Holdings, Inc.
was founded in 1901 and is headquartered in San Antonio, Texas.
Market Data
| Last Price | 1.24 |
| Change Percentage | -0.80% |
| Open | 1.26 |
| Previous Close | 1.25 |
| Market Cap ( Millions) | 608 |
| Volume | 1267816 |
| Year High | 1.88 |
| Year Low | 1.19 |
| M A 50 | 1.4 |
| M A 200 | 1.5 |
Financial Ratios
| FCF Yield | -10.31% |
| Dividend Yield | 0.00% |
| ROE | 4.98% |
| Debt / Equity | -192.32% |
| Net Debt / EBIDTA | 1312.72% |
| Price To Book | -0.17 |
| Price Earnings Ratio | -3.38 |
| Price To FCF | -9.7 |
| Price To sales | 0.4 |
| EV / EBITDA | 14.28 |
News
- Feb -24 - Clear Channel Outdoor Holdings, Inc. (CCO) Q4 2024 Earnings Call Transcript
- Feb -24 - Clear Channel Outdoor Holdings, Inc. Reports Results for the Fourth Quarter and Full Year of 2024
- Feb -19 - Countdown to Clear Channel Outdoor (CCO) Q4 Earnings: Wall Street Forecasts for Key Metrics
- Feb -14 - Clear Channel Outdoor Holdings, Inc. to Participate in Morgan Stanley's Technology, Media & Telecom Conference
- Feb -14 - Clear Channel Outdoor Holdings, Inc. to Participate in J.P. Morgan's 2025 Global Leveraged Finance Conference
- Feb -06 - Clear Channel Outdoor Holdings, Inc. Sells Businesses in Mexico, Peru and Chile to Global Media US LLC
- Jan -23 - Clear Channel Outdoor Holdings, Inc. Announces Date for 2024 Fourth Quarter Earnings Release and Conference Call
- Jan -16 - Clear Channel Outdoor Extends Benchmark-Setting 35-Year Partnership with Huntsville-Madison County Airport Authority and Plans New High-Tech Media to Further Ignite Huntsville International Airport's (HSV) Advertising Program
- Jan -09 - Clear Channel Outdoor Holdings, Inc. to Sell its Europe-North Segment to a subsidiary of Bauer Media Group for $625 Million
- Dec -18 - Plains CCO Discusses Permian Outlook & Capital Allocation Priorities
- Dec -11 - Clear Channel Outdoor Continues Advertising & Sponsorship Program Evolution at Detroit Metropolitan Wayne County Airport (DTW) Through New 10-Year Partnership
- Dec -04 - Clear Channel Outdoor Continues to Revolutionize Advertising Across 100+ Signature Aviation Private Terminals in the U.S.
- Nov -18 - Clear Channel Outdoor Holdings, Inc. to Participate in the Wells Fargo 8th Annual TMT Summit
- Nov -18 - Clear Channel Outdoor Holdings, Inc. to Participate in the BofA Securities Leveraged Finance Conference 2024
- Nov -13 - Metropolitan Transportation Authority (MTA) Awards Clear Channel Outdoor a 15-Year Deal to Reimagine and Grow Revenue Across One of the Nation's Largest Roadside Collections of Out-of-Home Advertising Displays
- Nov -12 - Zefiro Methane Corp. Chief Commercial Officer to Serve as Featured Speaker at United Nations COP29
- Nov -02 - Clear Channel Outdoor Holdings, Inc. (CCO) Q3 2024 Earnings Call Transcript
- Nov -01 - USO and Clear Channel Outdoor Launch New Campaign Supporting Military Service Members and Families During Holidays
- Oct -31 - Clear Channel Outdoor (CCO) Reports Q3 Earnings: What Key Metrics Have to Say
- Oct -31 - Clear Channel Outdoor (CCO) Reports Q3 Loss, Tops Revenue Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> America
Expected Growth : 3.8 %
What the company do ?
America is a region-specific outdoor advertising segment of Clear Channel Outdoor Holdings, Inc., offering out-of-home advertising solutions across the United States.
Why we expect these perspectives ?
Strong advertising demand, increased digital adoption, and strategic partnerships drive growth for Clear Channel Outdoor Holdings, Inc. in America. The 3.8% growth rate is attributed to the company's focus on innovative outdoor advertising solutions, expansion into new markets, and effective cost management.
Segment n°2 -> Europe-North
Expected Growth : 3.5 %
What the company do ?
Europe-North is a segment of Clear Channel Outdoor Holdings, Inc. that operates outdoor advertising in Denmark, Estonia, Finland, Latvia, Lithuania, Norway, and Sweden.
Why we expect these perspectives ?
Europe-North growth of 3.5% driven by increasing outdoor advertising spend in key markets like UK and Netherlands, fueled by economic recovery and urbanization. Additionally, Clear Channel Outdoor Holdings, Inc.'s strategic investments in digital displays and data analytics capabilities are enhancing its offerings, attracting more advertisers and contributing to growth.
Segment n°3 -> Airports
Expected Growth : 4.2 %
What the company do ?
Clear Channel Outdoor Holdings, Inc. operates in 227 airports worldwide, providing advertising and display solutions to reach travelers and consumers.
Why we expect these perspectives ?
Airports segment growth of 4.2% driven by increasing passenger traffic, higher advertising spend, and strategic partnerships with airport authorities. Additionally, Clear Channel Outdoor's digital transformation efforts, including the installation of digital displays and smart kiosks, are enhancing the passenger experience and attracting more advertisers.
Segment n°4 -> Other
Expected Growth : 3.2 %
What the company do ?
Other from Clear Channel Outdoor Holdings, Inc. refers to non-core revenue streams, including royalties, reimbursements, and miscellaneous income.
Why we expect these perspectives ?
Clear Channel Outdoor Holdings, Inc.'s 3.2% growth is driven by increasing demand for out-of-home advertising, strategic acquisitions, and expansion into digital displays. Additionally, the company's focus on programmatic buying and data analytics has improved operational efficiency, contributing to revenue growth.
Clear Channel Outdoor Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Billboards | Large format outdoor advertising displays, typically located in high-traffic areas, such as highways, city centers, and shopping districts. |
| Transit Shelters | Advertising displays located at bus shelters, train stations, and other public transportation hubs. |
| Mall Displays | Indoor advertising displays located in shopping malls and retail centers. |
| Airport Displays | Advertising displays located in airport terminals, concourses, and baggage claim areas. |
| Digital Displays | Electronic displays that can be updated remotely, often used for real-time messaging and dynamic content. |
| Spectaculars | Large, high-impact displays that can be customized to fit unique locations and designs. |
| Street Furniture | Advertising displays integrated into urban infrastructure, such as benches, kiosks, and waste receptacles. |
Clear Channel Outdoor Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Clear Channel Outdoor Holdings, Inc. is medium. While there are some substitutes for outdoor advertising, such as online advertising, they are not perfect substitutes and the company's large scale and presence in key markets provide some protection.
Bargaining Power Of Customers
The bargaining power of customers for Clear Channel Outdoor Holdings, Inc. is low. The company's large scale and presence in key markets give it significant bargaining power over its customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Clear Channel Outdoor Holdings, Inc. is low. The company's large scale and presence in key markets give it significant bargaining power over its suppliers.
Threat Of New Entrants
The threat of new entrants for Clear Channel Outdoor Holdings, Inc. is low. The company's large scale and presence in key markets, as well as the significant capital requirements for entry, make it difficult for new entrants to compete.
Intensity Of Rivalry
The intensity of rivalry for Clear Channel Outdoor Holdings, Inc. is high. The outdoor advertising industry is highly competitive, with several large players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 245.17% |
| Debt Cost | 6.52% |
| Equity Weight | -145.17% |
| Equity Cost | 18.57% |
| WACC | -10.98% |
| Leverage | -168.88% |
Clear Channel Outdoor Holdings, Inc. : Quality Control
Clear Channel Outdoor Holdings, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TZOO | Travelzoo, an Internet media company, provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and … |
| ADTH | AdTheorent Holding Company, Inc., a digital media platform, provides machine learning platform for advertisers and marketers in the United States and Canada. The company offers predictive targeting, geo-intelligence, and cross-environment … |
| CTV | Innovid Corp. operates an independent software platform that provides ad serving and creative services. The company offers advertising services for the creation, delivery, and measurement of TV ads across connected … |
| DRCT | Direct Digital Holdings, Inc. operates as an end-to-end full-service programmatic advertising platform. The company's platform primarily focuses on providing advertising technology, data-driven campaign optimization, and other solutions to underserved and … |
| CDLX | Cardlytics, Inc. operates an advertising platform in the United States and the United Kingdom. It offers Cardlytics platform, a proprietary native bank advertising channel that enables marketers to reach customers … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Travelzoo
A-Score
1-Year Total Return ->
🥈
Direct Digital Holdings
A-Score
1-Year Total Return ->
🥉
Innovid
A-Score
1-Year Total Return ->
4
AdTheorent Holding Company
A-Score
1-Year Total Return ->
5
Clear Channel Outdoor
A-Score
1-Year Total Return ->
6
