Citadel Broadcasting Corporation is a high-yielding company with a forward-looking price to earnings ratio of just 14.63 times next year’s projected earnings. With a recent ticker price of $6.34, Citadel Broadcasting Corporation is ready for significant appreciation. The company’s operating profit margin is an impressive 32.63%. This results in an annual operating cash flow of $134.5M.
Citadel Broadcasting Corporation is a cash cow that has a reasonably attractive valuation. With a beta of 0.62, the company is less risky than the stock market as a whole. This information is useful, but a more careful analysis of Citadel Broadcasting Corporation reveals that the company’s risk profile is not as volatile as many of its competitors. It’s important to invest in a sufficiently liquid stock that money can be taken out of the position on every trading day and Citadel Broadcasting Corporation’s total market capitalization of $710.9M is ample proof of such liquidity.
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