The price of Outfront Media Inc (NYSE: OUT) closed at $16.07 in the last session, down -0.80% from day before closing price of $16.20. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 2109472 shares were traded. OUT stock price reached its highest trading level at $16.19 during the session, while it also had its lowest trading level at $15.82.
Ratios:
We take a closer look at OUT’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 74.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.92. In the meantime, Its Debt-to-Equity ratio is 5.97 whereas as Long-Term Debt/Eq ratio is at 5.63.
On August 04, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $20 to $14.
On March 29, 2022, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $34.Wolfe Research initiated its Outperform rating on March 29, 2022, with a $34 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 18 ’23 when Punter Clive A. bought 9,000 shares for $11.12 per share. The transaction valued at 100,080 led to the insider holds 174,647 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OUT now has a Market Capitalization of 2.67B and an Enterprise Value of 6.97B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 4.37. Its current Enterprise Value per Revenue stands at 3.83 whereas that against EBITDA is -65.94.
Stock Price History:
Over the past 52 weeks, OUT has reached a high of $17.02, while it has fallen to a 52-week low of $8.18. The 50-Day Moving Average of the stock is 13.95, while the 200-Day Moving Average is calculated to be 12.90.
Shares Statistics:
According to the various share statistics, OUT traded on average about 2.50M shares per day over the past 3-months and 2.65M shares per day over the past 10 days. A total of 165.05M shares are outstanding, with a floating share count of 131.66M. Insiders hold about 20.63% of the company’s shares, while institutions hold 87.35% stake in the company. Shares short for OUT as of Feb 29, 2024 were 4.43M with a Short Ratio of 1.77, compared to 4.19M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.67% and a Short% of Float of 4.97%.
Dividends & Splits
The forward annual dividend rate for OUT is 1.20, which was 1.20 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 7.41%, it implies a Forward Annual Dividend Yield of 7.47%. The stock’s 5-year Average Dividend Yield is 6.18.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of -$0.08 and a low estimate of -$0.13, while EPS last year was -$0.19. The consensus estimate for the next quarter is $0.23, with high estimates of $0.29 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.74 and $0.65 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $0.76, with 5 analysts recommending between $0.8 and $0.71.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $411.35M. It ranges from a high estimate of $413.29M to a low estimate of $410M. As of the current estimate, Outfront Media Inc’s year-ago sales were $395.8M, an estimated increase of 3.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $488.61M, an increase of 3.40% less than the figure of $3.90% in the same quarter last year. There is a high estimate of $491.16M for the next quarter, whereas the lowest estimate is $484M.
A total of 5 analysts have provided revenue estimates for OUT’s current fiscal year. The highest revenue estimate was $1.9B, while the lowest revenue estimate was $1.84B, resulting in an average revenue estimate of $1.86B. In the same quarter a year ago, actual revenue was $1.82B, up 2.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.9B in the next fiscal year. The high estimate is $1.99B and the low estimate is $1.84B. The average revenue growth estimate for next year is up 2.10% from the average revenue estimate for this year.
