The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Outset Medical Inc (NASDAQ: OM) closed the day trading at $17.37 down -8.48%% from the previous closing price of $18.98. In other words, the price has decreased by -$8.48% from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
For a better understanding of OM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.74 and its Current Ratio is at 8.37. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.57.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on August 08, 2024, Downgraded its rating to Sector Perform and sets its target price to $3 from $6 previously.
On June 21, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform and also upped its target price recommendation from $5 to $6.
On April 08, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $6.BTIG Research initiated its Buy rating on April 08, 2024, with a $6 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 15 ’25 when Trigg Leslie sold 935 shares for $17.80 per share. The transaction valued at 16,643 led to the insider holds 58,129 shares of the business.
Nash Marc sold 252 shares of OM for $4,491 on May 15 ’25. The SVP Operations and R&D now owns 13,465 shares after completing the transaction at $17.82 per share. On May 15 ’25, another insider, Brottem John L., who serves as the General Counsel of the company, sold 396 shares for $17.82 each. As a result, the insider received 7,057 and left with 11,273 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.67 while its Price-to-Book (P/B) ratio in mrq is 1.85.
Stock Price History:
Over the past 52 weeks, OM has reached a high of $72.60, while it has fallen to a 52-week low of $5.85. The 50-Day Moving Average of the stock is 9.12%, while the 200-Day Moving Average is calculated to be 36.88%.
Shares Statistics:
A total of 17.72M shares are outstanding, with a floating share count of 16.94M. Insiders hold about 4.43% of the company’s shares, while institutions hold 83.07% stake in the company.
