These Stocks Have Become An Attractive Value Play: Clear Channel Outdoor Holdings, Inc. (CCO), Coca-Cola European Partners plc (CCEP)

2 analysts out of 2 Wall Street brokerage firms rate Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) as a Buy, while 0 see it as a Sell. The rest 0 describe it as a Hold. CCO stock traded higher to an intra-day high of $5.35. At one point in session, its potential discontinued and the price was down to lows at $5.21. Analysts have set CCO’s consensus price at $0, effectively giving it a -100% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $6.5 (up 23.81% from current price levels). CCO has a 0% ROE, lower than the 9.03% average for the industry. The average ROE for the sector is 13.38%.

It is expected that in Jun 2019 quarter CCO will have an EPS of $-0.03, suggesting a 78.57% growth. For Sep 2019 is projected at $-0.14. It means that there could be a 22.22% growth in the quarter. Yearly earnings are expected to rise by -3.45% to about $-0.6. As for the coming year, growth will be about 58.33%, lifting earnings to $-0.25. RSI after the last trading period was 54.64. CCO recorded a change of 8.25% over the past week and returned -2.96% over the last three months while the CCO stock’s monthly performance revealed a shift in price of 3.96%. The year to date (YTD) performance stands at 1.16%, and the bi-yearly performance specified an activity trend of -8.54% while the shares have moved 14.13% for the past 12 months.

Clear Channel Outdoor Holdings, Inc. (CCO) currently trades at $5.25, which is lower by -0.76% its previous price. It has a total of 355.33 million outstanding shares, with an ATR of around 0.23. The company’s stock volume dropped to 1.53 million, worse than 650.11 thousands that represents its 50-day average. A 5-day increase of about 8.25% in its price means CCO is now 1.16% higher on year-to-date. The shares have surrendered $43274.75 since its $6.38 52-week high price recorded on 8th of October 2018. Overall, it has seen a growth rate of 14.13 over the last 12 months. The current price per share is $1.03 above the 52 week low of $4.22 set on 29th of June 2018.

Clear Channel Outdoor Holdings, Inc. (NYSE:CCO)’s EPS was $-0.45 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $-0.35. That means that its growth in general now stands at 29%. Therefore, a prediction of $-0.2 given by the analysts brought a positive surprise of 125%. CCO March quarter revenue was $587.12 million, compared to $598.71 million recorded in same quarter last year, giving it a -2% growth rate. The company’s $-11.59 million revenue decline that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Coca-Cola European Partners plc (NYSE:CCEP) shares depreciated -0.9% over the last trading period, taking overall 5-day performance up to 0%. CCEP’s price now at $57.35 is greater than the 50-day average of $54.31. Getting the trading period increased to 200 days, the stock price was seen at $48.46 on average. The general public currently hold control of a total of 214.44 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 466.82 million. The company’s management holds a total of 0%, while institutional investors hold about 36.6% of the remaining shares. CCEP share price finished last trade 1.47% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 18.54%, while closing the session with 5.85% distance from 50 day simple moving average.

Coca-Cola European Partners plc (CCEP) shares were last observed trading -1.71% down since June 07, 2019 when the peak of $58.35 was hit. Last month’s price growth of 4.03% puts CCEP performance for the year now at 25.08%. Consequently, the shares price is trending higher by 48.41%, a 52-week worst price since Jun. 20, 2018. However, it is regaining value with 21.5% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $56.77 and $57.06. The immediate resistance area is now $57.79 Williams’s %R (14) for CCEP moved to 26.18 while the stochastic %K points at 86.13.

CCEP’s beta is 0.51; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $2.03 per share from its yearly profit to its outstanding shares. Its last reported revenue is $2.79 billion, which was 5% versus $2.66 billion in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.54 compared to $0.49 in the year-ago quarter and had represented 10% year-over-year earnings per share growth. CCEP’s ROA is 4.9%, higher than the 3.43% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 24.57%.