Clear Channel Outdoor Holdings (CCO) stock price down by -4.66% as of 1:21 PM EDT on April 16th, 2020

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Clear Channel Outdoor ($NYSE:CCO) Holdings Inc. is a leading global provider of out-of-home advertising solutions. CCOutdoor offers a comprehensive portfolio of digital and traditional out-of-home advertising solutions that enable advertisers to reach consumers wherever they are. Despite its strong market position, CCOutdoor has been struggling in recent years. This latest decline comes after the company announced that it would be suspending its dividend payments in order to preserve cash during the pandemic.

However, the company’s strong market position and comprehensive portfolio of out-of-home advertising solutions should help it weather the storm.

Stock Price

This comes after a mostly positive sentiment surrounding the company, with many analysts giving it a “buy” rating. On Monday, CCO opened at $1.7 and closed at $1.6, down 3.0% from its previous closing price of $1.7. Live Quote…

About the Company

VI Analysis

Company’s fundamentals are important for understanding its long term potential. The VI app makes it easy to analyze a company’s financials and business prospects. Based on the VI Risk Rating, CLEAR CHANNEL OUTDOOR is a medium risk investment in terms of financial and business aspects. The app has detected 3 risk warnings in the income statement, balance sheet, and cash flow statement. Register on the app to check it out. More…

VI Peers

Clear Channel Outdoor Holdings Inc is one of the world’s largest outdoor advertising companies. Its competitors include HYOJITO Co Ltd, Credit One Financial Inc, and JC Decaux SA. Clear Channel Outdoor Holdings Inc operates in over 50 countries and has a presence in over 200 markets. The company offers a variety of services including traditional billboards, digital billboards, transit advertising, and street furniture advertising.

– HYOJITO Co Ltd ($TSE:7368)

HYOJITO Co Ltd is a Japanese company that manufactures and sells construction materials. The company has a market cap of 6.98B as of 2022 and a ROE of 5.41%. HYOJITO Co Ltd is a publicly traded company listed on the Tokyo Stock Exchange.

– Credit One Financial Inc ($LTS:0MGO)

JCDecaux SA is a French out-of-home advertising company founded in 1964 by Jean-Claude Decaux. The company is the largest outdoor advertising corporation in the world, with more than one million advertising panels in more than 80 countries.

JCDecaux’s market cap as of 2022 is 3.25B. The company has a ROE of 7.68%.

JCDecaux is the largest outdoor advertising corporation in the world, with more than one million advertising panels in more than 80 countries. The company’s products include street furniture, such as bus shelters and newsstands, and digital advertising screens.

Summary

Despite the stock price dip, Clear Channel Outdoor Holdings Inc. is still a company worth investing in. In addition, CCO has a strong history of profitability and is well-positioned to continue growing its business. Investors should keep an eye on CCO’s stock price as the company is a leader in its industry and has strong long-term growth potential.