Outfront Media Inc (NYSE:OUT) currently has a daily average trading volume of 2.09M but it saw 1697166 shares traded in last market. With a market cap of 2.63B USD, the company’s current market price of $15.86 came falling about -3.29 while comparing to the previous closing price of $16.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.02 and as low as $8.18.
Taking a look at 20-day trading activity of Outfront Media Inc (OUT) gives us an average price of $16.22, while its current price level is -6.82% below from 52-week high level whereas it is 93.89% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.87 while that of 200 days or SMA-200 reads an average of $13.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.24% during that period while stretching the period over a month that increases to 2.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.84 which implies that the stock is in neutral territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on August 04, 2023 while assigning a price target range of $20-$14. Wolfe Research issued its recommendations for the stock as it initiated the price target for the stock is $34.
Over the week, OUT’s stock price is moving -3.12% down while it is -1.25% when we observe its performance for the past one month. Year-to-date it is 13.61% up and over the past year, the stock is showing an upside performance of 0.25%.
The latest quarterly earnings report issued by the company was for quarter ended 12/30/2023, when its quarterly earnings per share (EPS) of $0.35 beaten by the consensus estimate of $0.36 for the same. For OUT, analysts are forecasting an EPS-growth rate of 125.60% for current year and estimate for EPS growth in next year is 11.80%. In next quarter, company is expected to be making quarterly sales of $488.61 million as analysts are expecting the sales for current fiscal year at $1.86 billion and seeing the company making $1.9 billion in sales next year. Moreover, analysts are in estimates of $411.35 million for current-quarter revenue.
Currently, Outfront Media Inc’s total number of outstanding shares is 165.05M with 7.35% of that held by the insiders while 101.07% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -9.11% and return on equity (ROE) at -41.54%. It has a 20.95 of forward P/E ratio. Stock’s beta reads 1.88. Stock has a price to book (P/B) ratio of 4.31 while price to sale or P/S ratio amounts to 1.45. Its return on asset (ROA) is -7.44% on average.
