iHeartMedia, Inc. (IHRT) Social Stream



iHeartMedia, Inc. (IHRT): $25.22

-0.27 (-1.06%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Featured Post From StockTwits About IHRT

$AUD I paid $3.41 on Friday. Clearly whomever is selling today didn't listen to the conference call. $IHRT took a beating too on Friday after posting pretty good results. $CMLS went down after posting solid results then the stock recovered.

Selling isn't always rational. The Delta Variant news could be a reason to sell but it will soon fade like it did in India and the UK.

I am looking for $1.6B in Revenue in 2022 with around 21% EBITDA margins for around $340B in EBITDA. At an 8X EBITDA multiple it gets the stock to about $8 per share.

I am looking for $1.7B in Revenue in 2023 based on a full economic recover, huge growth in online sports betting, concerts fully back, growth in podcasting and digital streaming. I think margins will grow to around 24% which equates to $408M in EBITDA. With strong steady growth and a paydown of debt the stock will command a 10X EBITDA multiple. This would get the stock to $18 per share.

My estimates might turn out to be conservative.

I'll wait ..
Jayfe1, published August 9, 2021

What Else are IHRT Traders Talking About?


Other tickers frequently mentioned alongside IHRT is CMLS.

Loading social stream, please wait...


Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!




Page generated in 0.5686 seconds.