Trading Day Review: Outfront Media Inc (OUT) Gains Momentum, Closing at 14.87

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

The price of Outfront Media Inc (NYSE: OUT) closed at $14.87 in the last session, up 0.07% from day before closing price of $14.86. In other words, the price has increased by $0.07 from its previous closing price. On the day, 1.02 million shares were traded. OUT stock price reached its highest trading level at $15.12 during the session, while it also had its lowest trading level at $14.81.

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 68.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.73. 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 2466605824 and an Enterprise Value of 6893498880. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 4.04. Its current Enterprise Value per Revenue stands at 3.786 whereas that against EBITDA is 18.616.

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 -1.49%, while the 200-Day Moving Average is calculated to be 14.20%.

Shares Statistics:

According to the various share statistics, OUT traded on average about 2.07M shares per day over the past 3-months and 1490490 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 87.24% stake in the company. Shares short for OUT as of 1711584000 were 5236868 with a Short Ratio of 2.54, compared to 1709164800 on 4434263. Therefore, it implies a Short% of Shares Outstanding of 5236868 and a Short% of Float of 5.86.

Dividends & Splits

The forward annual dividend rate for OUT is 1.20, which was 1.2 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 6.18.

Earnings Estimates

The market rating for Outfront Media Inc (OUT) is a result of the insights provided by Hut 8 Corp. analysts actively involved in the assessment.The consensus estimate for the next quarter is $6.99, with high estimates of $3.82 and low estimates of $813.30.

Analysts are recommending an EPS of between $Basic Materials and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Technology.

Most Popular

[the_ad id="945"]