In the latest session, Outset Medical Inc (NASDAQ: OM) closed at $2.04 down -0.49% from its previous closing price of $2.05. On the day, 1087993 shares were traded.
Ratios:
For a deeper understanding of Outset Medical Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.37 and its Current Ratio is at 5.26. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.10.
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 this company, BTIG Research on April 08, 2024, initiated with a Buy rating and assigned the stock a target price of $6.
On April 05, 2024, CL King Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.
RBC Capital Mkts Downgraded its Outperform to Sector Perform on January 12, 2024, whereas the target price for the stock was revised from $14 to $6.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 15 ’24 when Nash Marc sold 2,391 shares for $2.13 per share. The transaction valued at 5,093 led to the insider holds 242,510 shares of the business.
Ahmed Nabeel sold 1,584 shares of OM for $4,990 on Mar 01 ’24. The Chief Financial Officer now owns 322,877 shares after completing the transaction at $3.15 per share. On Feb 15 ’24, another insider, Trigg Leslie, who serves as the Chair and CEO of the company, sold 5,320 shares for $3.57 each. As a result, the insider received 18,992 and left with 833,091 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 0.84.
Stock Price History:
Over the past 52 weeks, OM has reached a high of $24.13, while it has fallen to a 52-week low of $1.94.
Shares Statistics:
A total of 50.32M shares are outstanding, with a floating share count of 46.36M. Insiders hold about 8.20% of the company’s shares, while institutions hold 110.03% stake in the company.
Earnings Estimates
There are Qualtrics International Inc. different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $94.76, with high estimates of $9.45 and low estimates of $0.97.
EPS for the following year is $Currency, with ETF analysts recommending between $Currency and $Currency.
