Ouster Inc (NYSE: OUST) closed the day trading at $5.53 up 2.98% from the previous closing price of $5.37. In other words, the price has increased by $+0.16 from its previous closing price. On the day, 715472 shares were traded.
Ratios:
For a better understanding of OUST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.68 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.31.
On December 07, 2022, Citigroup Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $10 to $1.70.
Robert W. Baird Downgraded its Outperform to Neutral on November 08, 2022, whereas the target price for the stock was revised from $5 to $1.50.
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 Dec 18 when SPENCER DARIEN sold 241 shares for $6.85 per share. The transaction valued at 1,651 led to the insider holds 257,814 shares of the business.
SPENCER DARIEN sold 3,726 shares of OUST for $22,290 on Dec 12. The Chief Operating Officer now owns 258,055 shares after completing the transaction at $5.98 per share. On Dec 12, another insider, Chung Megan, who serves as the General Counsel and Secretary of the company, sold 2,563 shares for $5.98 each. As a result, the insider received 15,333 and left with 97,012 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OUST now has a Market Capitalization of 225.03M and an Enterprise Value of 92.41M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.23 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 1.32 whereas that against EBITDA is -0.26.
Stock Price History:
Over the past 52 weeks, OUST has reached a high of $12.80, while it has fallen to a 52-week low of $3.21. The 50-Day Moving Average of the stock is 6.22, while the 200-Day Moving Average is calculated to be 5.54.
Shares Statistics:
Over the past 3-months, OUST traded about 837.73K shares per day on average, while over the past 10 days, OUST traded about 570.18k shares per day. A total of 40.69M shares are outstanding, with a floating share count of 21.92M. Insiders hold about 46.14% of the company’s shares, while institutions hold 28.87% stake in the company. Shares short for OUST as of Jan 31, 2024 were 4.23M with a Short Ratio of 5.05, compared to 3.86M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 10.39% and a Short% of Float of 10.72%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.83 for the current quarter, with a high estimate of -$0.7 and a low estimate of -$0.96, while EPS last year was -$2.3. The consensus estimate for the next quarter is -$0.77, with high estimates of -$0.6 and low estimates of -$0.92.
Analysts are recommending an EPS of between -$10.04 and -$10.82 for the fiscal current year, implying an average EPS of -$10.35. EPS for the following year is -$2.27, with 4 analysts recommending between -$0.28 and -$3.6.
Revenue Estimates
6 analysts predict $24.06M in revenue for the current quarter. It ranges from a high estimate of $24.84M to a low estimate of $21.74M. As of the current estimate, Ouster Inc’s year-ago sales were $10.94M, an estimated increase of 120.00% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $25.01M, an increase of 45.20% less than the figure of $120.00% in the same quarter last year. There is a high estimate of $26.84M for the next quarter, whereas the lowest estimate is $23M.
A total of 6 analysts have provided revenue estimates for OUST’s current fiscal year. The highest revenue estimate was $83.67M, while the lowest revenue estimate was $80.58M, resulting in an average revenue estimate of $82.87M. In the same quarter a year ago, actual revenue was $41.03M, up 102.00% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $115.23M in the next fiscal year. The high estimate is $120.4M and the low estimate is $106.23M. The average revenue growth estimate for next year is up 39.00% from the average revenue estimate for this year.
