Outfront Media Inc (NYSE:OUT) does about 1.65M shares in volume on a normal day but saw 1514800 shares change hands in the recent trading day. The company now has a market cap of 2.81B USD. Its current market price is $16.79, marking an increase of 1.88% compared to the previous close of $16.48. The 52 week high reached by this stock is $19.98 whilst the lowest price level in 52 weeks is $12.95.
The consensus objective for the share price is $18.50, suggesting that the stock has a potential upside of 9.24% over the period.
FactSet Research has provided data showing that 5 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 3 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Buy the stock.
TD Cowen initiated its price target at $16.
The current price level is 4.15%, 8.03%, and -3.30% away from its SMA20, SMA50, and SMA200 respectively, with the OUT price moving above the 50-day SMA on current market day. Outfront Media Inc (OUT) stock is up 2.38% over the week and 6.81% over the past month. Its price is -7.62% year-to-date and 17.99% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0.26 and 0.84 for whole year. Expected sales for next quarter are $453.43M, which analysts say will come at $1.81B for the current fiscal year and next year at $1.86B. In addition, estimates put the company’s current quarterly revenue at an average of $463.16M.
To reach the target analysts have set, the stock logically needs to grow 9.24 percent from here.
Outstanding shares total 167.07M with insiders holding 6.05% of the shares and institutional holders owning 112.77% of the company’s common stock. The company has a return on investment of 5.68% and return on equity of 39.80%. The price to earnings ratio (P/E ratio) amounts to 10.99 while the forward price to earnings ratio is 18.39. The beta has a value of 1.90. Price to book ratio is 4.95 and price to sales ratio is 1.55.
