In July, Morgan Stanley raised its price target on CCO stock to $3.15, which would represent a 27% gain from where the share price currently sits. While it remains a penny stock, Clear Channel’s financial performance and stock price appreciation has garnered attention from Wall Street. In the second quarter, Clear Channel reported that its revenue grew 63% to $531 million. However, Clear Channel today has more than 450,000 billboard and digital display ads in 31 countries worldwide.Ĭlear Channel Outdoor’s revenue have been climbing as companies around the world begin spending on advertising again. The company, an outdoor advertising firm, has a market capitalization of just $1.2 billion. However, even though the company’s share price is low, the stock has delivered big gains to investors, having risen 50% year-to-date and jumped 74% over the past 52 weeks. 15, CCO stock is below the $5 penny stock threshold. The median price target on the stock is currently $110, suggesting that the share price has a further 41% to run.Ĭlear Channel Outdoor is not only a small cap but also a penny stock. In spite of its gains already this year, Wall Street remains bullish on Dine Brands Global’s prospects. Q2 EPS came in at $1.94 and beat analysts’ expectations by 27 cents. In this year’s second quarter, the company reported revenue of $233.6 million, up from $109.7 million in the same period last year at the height of the global pandemic. The economic reopening has helped to lift Dine Brands Global’s earnings.
Since January, the company’s share price has risen 34% to a bit under $79 per share. DIN stock has been a strong performer this year as Covid-19 restrictions ease and dining out resumes. The Glendale, California-based company operates two of the most famous restaurant brands in the U.S., the International House of Pancakes (IHOP) and Applebee’s.īetween the two franchises, Dine Brands Global operates over 3,530 restaurant locations in 17 countries around the world. The median price target on the shares is currently $54.50, implying a 58% gain from current levels.ĭine Brands Global may not be a household name in America, but its restaurant holdings sure are.
And despite being a small cap, the company’s stock pays a quarterly dividend of 10 cents per share.Īlthough it’s had a big run over the past 12 months, analysts expect COWN stock to continue rising.
The bank is also aggressive about repurchasing its own shares having bought back $50 million worth in Q2 alone. The share price is up 105% over the past year.įor this year’s second quarter, Cowen reported net income of $45 million and earnings per share of $1.62, beating the consensus forecast of analysts by 10 cents. COWN stock has been a capable performer, up 33% year-to-date at just under $34 per share. The bank has also been heavily involved in special purpose acquisition companies (SPACs) over the past year. As an investment bank, Cowen specializes in identifying and investing in emerging and cutting edge industries such as cannabis and biopharmaceutical concerns. With a market capitalization of around $1 billion, Cowen is definitely a small cap stock. Over the past decade, trailing 12 month revenues have grown from $245 million to $2 billion, representing a compound annual growth rate of 23%. Today, the company has 1,300 employees and over $14 billion of assets under management. Cowen is one of the oldest continually operating investment banks in the U.S. The company is not nearly as well known as Wall Street powerhouses Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS), but it more than holds its own considering its size.
0 kommentar(er)
