After finishing at $8.50 in the prior trading day, Ouster Inc (NYSE: OUST) closed at $7.73, down -9.06%. On the day, 1008581 shares were traded.
Ratios:
Our goal is to gain a better understanding of OUST by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.22. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.35.
On July 14, 2023, Chardan Capital Markets Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $10.
Citigroup Downgraded its Buy to Neutral on December 07, 2022, whereas the target price for the stock was revised from $10 to $1.70.
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 Apr 02 ’24 when WEINSWIG MARK sold 19,990 shares for $9.35 per share. The transaction valued at 186,948 led to the insider holds 236,800 shares of the business.
Chung Megan sold 5,776 shares of OUST for $45,976 on Apr 01 ’24. The General Counsel and Secretary now owns 163,966 shares after completing the transaction at $7.96 per share. On Mar 18 ’24, another insider, SPENCER DARIEN, who serves as the Chief Operating Officer of the company, sold 286 shares for $4.84 each. As a result, the insider received 1,384 and left with 252,873 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.77 while its Price-to-Book (P/B) ratio in mrq is 1.86.
Stock Price History:
Over the past 52 weeks, OUST has reached a high of $11.40, while it has fallen to a 52-week low of $3.21.
Shares Statistics:
A total of 43.26M shares are outstanding, with a floating share count of 21.48M. Insiders hold about 47.16% of the company’s shares, while institutions hold 28.88% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Ouster, Inc. different market analysts. The consensus estimate for the next quarter is $8.17, with high estimates of $0.46 and low estimates of $15.63.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $Stocks.
