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After finishing at $9.52 in the prior trading day, Ouster Inc (NYSE: OUST) closed at $9.86, up 3.57%. In other words, the price has increased by $3.57 from its previous closing price. On the day, 0.77 million shares were traded. OUST stock price reached its highest trading level at $9.97 during the session, while it also had its lowest trading level at $9.21.
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:
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 444300448 and an Enterprise Value of 266940480. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.33 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 3.205 whereas that against EBITDA is -1.924.
Stock Price History:
The Beta on a monthly basis for OUST is 2.40, which has changed by 1.2829735 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, OUST has reached a high of $11.40, while it has fallen to a 52-week low of $3.67. The 50-Day Moving Average of the stock is 38.41%, while the 200-Day Moving Average is calculated to be 67.48%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 799590 shares per day over the last 10 days, according to various share statistics. A total of 43.26M shares are outstanding, with a floating share count of 23.82M. Insiders hold about 47.15% of the company’s shares, while institutions hold 27.10% stake in the company. Shares short for OUST as of 1713139200 were 3804554 with a Short Ratio of 3.12, compared to 1710460800 on 4402686. Therefore, it implies a Short% of Shares Outstanding of 3804554 and a Short% of Float of 8.88.
Earnings Estimates
The company has 4.0 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.72 for the current quarter, with a high estimate of -$0.52 and a low estimate of -$0.93, while EPS last year was -$6.03. The consensus estimate for the next quarter is -$0.73, with high estimates of -$0.55 and low estimates of -$0.92.
Analysts are recommending an EPS of between -$2.17 and -$3.54 for the fiscal current year, implying an average EPS of -$2.96. EPS for the following year is -$2.4, with 3.0 analysts recommending between -$1.45 and -$3.3.
Revenue Estimates
6 analysts predict $25.45M in revenue for the current quarter. It ranges from a high estimate of $25.5M to a low estimate of $25.2M. As of the current estimate, Ouster Inc’s year-ago sales were $17.23MFor the next quarter, 6 analysts are estimating revenue of $26.67M. There is a high estimate of $27.3M for the next quarter, whereas the lowest estimate is $26M.
A total of 6 analysts have provided revenue estimates for OUST’s current fiscal year. The highest revenue estimate was $117.74M, while the lowest revenue estimate was $113.63M, resulting in an average revenue estimate of $116.19M. In the same quarter a year ago, actual revenue was $83.28MBased on 6 analysts’ estimates, the company’s revenue will be $176.02M in the next fiscal year. The high estimate is $210M and the low estimate is $151.71M.
