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The closing price of Ouster Inc (NASDAQ: OUST) was $11.32 for the day, down -10.12% from the previous closing price of $12.60. In other words, the price has decreased by -$10.12 from its previous closing price. On the day, 2.16 million shares were traded. OUST stock price reached its highest trading level at $12.225 during the session, while it also had its lowest trading level at $11.02.
Ratios:
Our analysis of OUST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.83 and its Current Ratio is at 3.12. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 11, 2024, Cantor Fitzgerald Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $12 to $10.
Cantor Fitzgerald Downgraded its Overweight to Neutral on May 22, 2024, whereas the target price for the stock was revised from $8 to $13.
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 Dec 16 ’24 when SPENCER DARIEN sold 248 shares for $9.08 per share. The transaction valued at 2,252 led to the insider holds 291,470 shares of the business.
Chung Megan sold 13,671 shares of OUST for $132,480 on Dec 12 ’24. The General Counsel and Secretary now owns 149,647 shares after completing the transaction at $9.69 per share. On Dec 12 ’24, another insider, WEINSWIG MARK, who serves as the Chief Financial Officer of the company, sold 19,712 shares for $9.69 each. As a result, the insider received 191,021 and left with 173,960 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 586062400 and an Enterprise Value of 433907648. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.34 while its Price-to-Book (P/B) ratio in mrq is 3.27. Its current Enterprise Value per Revenue stands at 4.115 whereas that against EBITDA is -7.951.
Stock Price History:
The Beta on a monthly basis for OUST is 2.39, which has changed by 0.81701446 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, OUST has reached a high of $16.88, while it has fallen to a 52-week low of $4.65. The 50-Day Moving Average of the stock is 13.05%, while the 200-Day Moving Average is calculated to be 18.63%.
Shares Statistics:
OUST traded an average of 1.51M shares per day over the past three months and 2117110 shares per day over the past ten days. A total of 49.54M shares are outstanding, with a floating share count of 45.51M. Insiders hold about 8.56% of the company’s shares, while institutions hold 40.80% stake in the company. Shares short for OUST as of 1734048000 were 4503197 with a Short Ratio of 3.21, compared to 1731628800 on 4800136. Therefore, it implies a Short% of Shares Outstanding of 4503197 and a Short% of Float of 9.47.
Earnings Estimates
The stock of Ouster Inc (OUST) is currently drawing attention from 3.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.26, with high estimates of -$0.22 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$0.9 and -$1.22 for the fiscal current year, implying an average EPS of -$1.05. EPS for the following year is -$0.87, with 3.0 analysts recommending between -$0.71 and -$1.15.
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 $30M to a low estimate of $30M. As of the current estimate, Ouster Inc’s year-ago sales were $24.44MFor the next quarter, 4 analysts are estimating revenue of $31.32M. There is a high estimate of $33M for the next quarter, whereas the lowest estimate is $28.5M.
A total of 4 analysts have provided revenue estimates for OUST’s current fiscal year. The highest revenue estimate was $111M, while the lowest revenue estimate was $111M, resulting in an average revenue estimate of $111M. In the same quarter a year ago, actual revenue was $83.28MBased on 4 analysts’ estimates, the company’s revenue will be $145.5M in the next fiscal year. The high estimate is $150.3M and the low estimate is $137.7M.
