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Cumulus Media Inc (CMLS)
NASDAQ:CMLS
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CMLS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.29 - $5.51
Previous Close$1.48
Volume2.04K
Average Volume (3M)30.89K
Market Cap
$37.38M
Enterprise Value$989.99M
Total Cash (Recent Filing)$53.49M
Total Debt (Recent Filing)$1.01B
Price to Earnings (P/E)―
Beta1.30
Next Earnings
Oct 25, 2024EPS Estimate
-$0.54Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-8.25
Shares Outstanding16,936,211
10 Day Avg. Volume22,557
30 Day Avg. Volume30,891
Standard Deviation0.21
R-Squared0.13
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.10
Price to Sales (P/S)0.03
Price to Cash Flow (P/CF)-0.80
P/FCF Ratio0.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.19
Enterprise Value/Gross Profit1.93
Enterprise Value/Ebitda38.58
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering2
Cumulus Media News
Bulls Say, Bears Say
Bulls Say
Cost ManagementManagement has been diligent in reducing its fixed cost base, with $4 million in savings identified, making room for growing variable expenses tied to its digital businesses.
Digital RevenueThe company's DMS business has been the main source of growth, offering a full suite of products to a variety of businesses.
Podcast RevenueThe company has a roster of popular shows, which supports ad sales efforts and boosts podcast revenue.
Bears Say
Core RevenuesCategories with more sensitivity to interest rates, particularly various financial service categories, as well as local auto advertisers, were highlighted as being weaker.
Financial PerformanceCumulus reported a 2.5% decline in Q2 revenues to $204.8 million, consistent with the pacing guidance provided in May.
RevenueContinued softness in national radio advertising was an important component of lower revenues.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CMLS FAQ
What was Cumulus Media Inc’s price range in the past 12 months?
Cumulus Media Inc lowest stock price was $1.29 and its highest was $5.51 in the past 12 months.
What is Cumulus Media Inc’s market cap?
Currently, no data Available
When is Cumulus Media Inc’s upcoming earnings report date?
Cumulus Media Inc’s upcoming earnings report date is Oct 25, 2024 which is in 35 days.
How were Cumulus Media Inc’s earnings last quarter?
Cumulus Media Inc released its earnings results on Aug 02, 2024. The company reported -$1.64 earnings per share for the quarter, missing the consensus estimate of -$0.485 by -$1.155.
Is Cumulus Media Inc overvalued?
According to Wall Street analysts Cumulus Media Inc’s price is currently Overvalued.
Does Cumulus Media Inc pay dividends?
Cumulus Media Inc does not currently pay dividends.
What is Cumulus Media Inc’s EPS estimate?
Cumulus Media Inc’s EPS estimate is -$0.54.
How many shares outstanding does Cumulus Media Inc have?
Cumulus Media Inc has 16,624,170 shares outstanding.
What happened to Cumulus Media Inc’s price movement after its last earnings report?
Cumulus Media Inc reported an EPS of -$1.64 in its last earnings report, missing expectations of -$0.485. Following the earnings report the stock price went down -18.593%.
Which hedge fund is a major shareholder of Cumulus Media Inc?
Among the largest hedge funds holding Cumulus Media Inc’s share is Oak Hill Advisors Lp. It holds Cumulus Media Inc’s shares valued at 1M.
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Cumulus Media Stock Smart Score
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Analyst Consensus
Hold
Average Price Target:
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Blogger Sentiment
Bullish
CMLS Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 4.4K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-67.47%
12-Months-Change
Fundamentals
Return on Equity
-43.88%
Trailing 12-Months
Asset Growth
-9.11%
Trailing 12-Months
Company Description
Cumulus Media Inc
Cumulus Media, Inc. engages in the business of radio broadcasting. It operates through the following segments: Radio Station Group, Westwood One, and Corporate and Other. The Radio Station Group segment includes the sale of broadcasting time to local, regional, and national advertisers. The Westwood One segment covers the revenues generated primarily through network advertising. The Corporate and Other segment consists of the overall executive, administrative, and support functions for each of the company's reportable segments, including finance and administration, legal, human resources, and information technology functions. The company is headquartered in Atlanta, GA.
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CMLS Earnings Call
Q2 2024
0:00 / 0:00
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CMLS Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering CMLS
1 Year
1 Year Success Rate
1/8 ratings generated profit
1 Year Average Return
-37.96%
reiterated a buy rating 11 months ago
Copying Daniel Day's trades and holding each position for 1 Year would result in 12.50% of your transactions generating a profit, with an average return of -37.96% per trade.
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