Cumulus Media Inc (NASDAQ: CMLS)’s stock price has gone decline by -6.96 in comparison to its previous close of 0.76, however, the company has experienced a -0.56% decrease in its stock price over the last five trading days. globenewswire.com reported 2024-12-16 that NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) — Cumulus Media’s Westwood One (NASDAQ: CMLS) and Jim Rome continue to be at the forefront of the evolution and growth of live sports content. Together, they are excited to announce a new exclusive partnership to syndicate and distribute “The Jim Rome Show,” the nation’s premier sports radio talk program.
Is It Worth Investing in Cumulus Media Inc (NASDAQ: CMLS) Right Now?
Moreover, the 36-month beta value for CMLS is 1.31. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for CMLS is 13.39M and currently, short sellers hold a 0.91% of that float. On December 27, 2024, CMLS’s average trading volume was 56.12K shares.
CMLS’s Market Performance
CMLS’s stock has seen a -0.56% decrease for the week, with a 0.71% rise in the past month and a -51.90% fall in the past quarter. The volatility ratio for the week is 7.69%, and the volatility levels for the past 30 days are at 9.24% for Cumulus Media Inc The simple moving average for the past 20 days is -6.71% for CMLS’s stock, with a -62.11% simple moving average for the past 200 days.
Analysts’ Opinion of CMLS
Many brokerage firms have already submitted their reports for CMLS stocks, with Barrington Research repeating the rating for CMLS by listing it as a “Outperform.” The predicted price for CMLS in the upcoming period, according to Barrington Research is $21 based on the research report published on May 05, 2022 of the previous year 2022.
B. Riley Securities, on the other hand, stated in their research note that they expect to see CMLS reach a price target of $14. The rating they have provided for CMLS stocks is “Buy” according to the report published on May 06th, 2021.
B. Riley FBR gave a rating of “Neutral” to CMLS, setting the target price at $20 in the report published on May 07th of the previous year.
CMLS Trading at -19.37% from the 50-Day Moving Average
After a stumble in the market that brought CMLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.17% of loss for the given period.
Volatility was left at 9.24%, however, over the last 30 days, the volatility rate increased by 7.69%, as shares surge +2.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.19% lower at present.
During the last 5 trading sessions, CMLS fell by -0.56%, which changed the moving average for the period of 200-days by -81.44% in comparison to the 20-day moving average, which settled at $0.7578. In addition, Cumulus Media Inc saw -86.71% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CMLS
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.54 for the gross margin
The net margin for Cumulus Media Inc stands at -0.18. The total capital return value is set at 0.0. Equity return is now at value -48.45, with -10.41 for asset returns.
Based on Cumulus Media Inc (CMLS), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 2.94. The interest coverage ratio of the stock is 0.02.
Currently, EBITDA for the company is 35.85 million with net debt to EBITDA at -96.86. When we switch over and look at the enterprise to sales, we see a ratio of 0.91. The receivables turnover for the company is 4.82for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.89.
Conclusion
To wrap up, the performance of Cumulus Media Inc (CMLS) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
