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iHeartMedia (iHeartMedia) Momentum Rank : 4 (As of Apr. 28, 2024)


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What is iHeartMedia Momentum Rank?

iHeartMedia has the Momentum Rank of 4.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of iHeartMedia's Momentum Rank

For the Broadcasting subindustry, iHeartMedia's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iHeartMedia's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, iHeartMedia's Momentum Rank distribution charts can be found below:

* The bar in red indicates where iHeartMedia's Momentum Rank falls into.



iHeartMedia Momentum Rank Related Terms

Thank you for viewing the detailed overview of iHeartMedia's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


iHeartMedia (iHeartMedia) Business Description

Traded in Other Exchanges
Address
20880 Stone Oak Parkway, San Antonio, TX, USA, 78258
iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.
Executives
Robert W Pittman director, officer: Chief Executive Officer C/O CENDANT, 9 WEST 57TH ST, NEW YORK NY 10019
Scott D Hamilton officer: See Remarks 200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Michael B Mcguinness officer: EVP-Finance & Deputy CFO C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Richard J Bressler director, officer: President, COO and CFO 1515 BROADWAY, NEW YORK NY 10036
James A Rasulo director 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Global Media & Entertainment Investments Ltd 10 percent owner C/O RHONE, BLDG. 2, WESTERN BUS. CNTR., MT. PLEASANT VLG., WESTERN RD, SP63131, NASSAU C5 00000
Simon Groom 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Global Media & Entertainment Investments Trust 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Michael Tabor 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
James W. Hill 10 percent owner C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Samuel Eli Englebardt director C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Silver Point Capital L.p. 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Robert J O'shea director, 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Jordan Fasbender officer: SEE BELOW C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258

iHeartMedia (iHeartMedia) Headlines

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