(IHRT) iHeartMedia - Ratings and Ratios

iHeartMedia, Inc. operates as a leading audio media company in the United States and internationally, functioning through three distinct business segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment encompasses a diverse range of services, including broadcast radio stations, which provide real-time traffic updates, weather forecasts, sports, and news. This segment also manages high-profile events and partnerships, enhancing its engagement with audiences. Additionally, it operates Premiere Networks, a prominent national radio network known for producing and distributing syndicated programs, thus significantly influencing the radio landscape. The Digital Audio Group focuses on expanding podcasting services, offering digital sites, newsletters, and programs, while also managing iHeartRadio, a popular platform that integrates live radio, custom stations, and podcasts, accessible via mobile and web. The Audio and Media Services Group provides media representation and advanced software solutions, including RCS, which offers tools for broadcast automation, music scheduling, and advertising management, serving radio, television, and streaming platforms. The company, rebranded from CC Media Holdings, Inc. in 2014, is headquartered in San Antonio, Texas.

As of the latest data, iHeartMedia Inc Class A (NASDAQ:IHRT) is categorized under the Broadcasting sub-industry with a market capitalization of $318.55M USD. The stocks fundamental metrics include a price-to-earnings ratio (P/E) of 0.00, a forward P/E of 3.98, a price-to-book (P/B) ratio of 4.31, and a price-to-sales (P/S) ratio of 0.08. The return on equity (RoE) stands at 108.95, indicating strong profitability. From a technical standpoint, the stocks last price is $1.77, with a 20-day average volume of 648,505 shares. The Simple Moving Averages (SMA) show the SMA 20 at $2.20, SMA 50 at $2.15, and SMA 200 at $1.76, with an Average True Range (ATR) of 0.15, reflecting moderate volatility.

3-Month Forecast: Based on the provided data, the stock price may stabilize near the SMA 200 level of $1.76, with potential resistance around $2.15 (SMA 50). The low ATR of 0.15 suggests minimal price fluctuations, indicating a bearish bias due to the stock trading below its SMA 20 and SMA 50. However, the low P/S ratio of 0.08 and a forward P/E of 3.98 may attract value investors, suggesting possible upside potential. The high RoE of 108.95 further underscores the companys profitability, which could support the stock price despite technical headwinds.