The closing price of Outfront Media Inc (NYSE: OUT) was $16.32 for the day, up 1.05% from the previous closing price of $16.15. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 938885 shares were traded.
Ratios:
Our analysis of OUT’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 75.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.17. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2.71B and an Enterprise Value of 7.01B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.49 while its Price-to-Book (P/B) ratio in mrq is 4.44. Its current Enterprise Value per Revenue stands at 3.85 whereas that against EBITDA is -66.33.
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 14.17, while the 200-Day Moving Average is calculated to be 12.94.
Shares Statistics:
OUT traded an average of 2.24M shares per day over the past three months and 2.1M shares per day over the past ten 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 87.38% stake in the company. Shares short for OUT as of Feb 29, 2024 were 4.43M with a Short Ratio of 1.98, 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
With its trailing 12-month dividend rate of 1.20, OUT has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 7.43%, it implies a Forward Annual Dividend Yield of 7.35%. The stock’s 5-year Average Dividend Yield is 6.18.
Earnings Estimates
The firm’s stock currently is rated by 5 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. 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.
