Market Analysts see Outfront Media Inc. [REIT] [OUT] gaining to $18. Time to buy?

Outfront Media Inc. (REIT) [NYSE: OUT] stock went on an upward path that rose over 0.74% on Friday, amounting to a one-week price decrease of less than -0.73%. The company report on June 28, 2021 that OUTFRONT Media Announces Partnership with The Farmlink Project to Fight Food Insecurity.

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OOH Campaign Puts Startling Food Insecurity Facts on Display in Key Markets Across the Country.

OUTFRONT Media Inc. (NYSE:OUT) is pleased to announce a partnership with The Farmlink Project, whose organization’s mission is to eliminate food insecurity. Formed at the start of the pandemic in 2020, the organization connects unused produce from farms to food banks across the country, delivering millions of pounds of farm fresh produce to families in need.

Over the last 12 months, OUT stock rose by 71.11%. The one-year Outfront Media Inc. (REIT) stock forecast points to a potential upside of 6.44. The average equity rating for OUT stock is currently 1.50, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $3.53 billion, with 144.80 million shares outstanding and 144.44 million shares in the current float. Compared to the average trading volume of 1.86M shares, OUT stock reached a trading volume of 625174 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Outfront Media Inc. [REIT] [OUT]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OUT shares is $26.08 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OUT stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Outfront Media Inc. (REIT) shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 25, 2020. The new note on the price target was released on April 20, 2020, representing the official price target for Outfront Media Inc. (REIT) stock. Previously, the target price had yet another drop from $35 to $24, while Imperial Capital kept a Outperform rating on OUT stock. On February 19, 2020, analysts increased their price target for OUT shares from 32 to 35.

The Average True Range (ATR) for Outfront Media Inc. (REIT) is set at 0.61, with the Price to Sales ratio for OUT stock in the period of the last 12 months amounting to 3.18. The Price to Book ratio for the last quarter was 3.90, with the Price to Cash per share for the same quarter was set at 3.88. Price to Free Cash Flow for OUT in the course of the last twelve months was 61.63 with Quick ratio for the last quarter at 1.80.

OUT Stock Performance Analysis:

Outfront Media Inc. (REIT) [OUT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.73. With this latest performance, OUT shares gained by 3.57% in over the last four-week period, additionally plugging by 24.74% over the last 6 months – not to mention a rise of 71.11% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OUT stock in for the last two-week period is set at 55.01, with the RSI for the last a single of trading hit 56.87, and the three-weeks RSI is set at 54.40 for Outfront Media Inc. (REIT) [OUT]. The present Moving Average for the last 50 days of trading for this stock 23.87, while it was recorded at 24.01 for the last single week of trading, and 20.22 for the last 200 days.

Insight into Outfront Media Inc. [REIT] Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Outfront Media Inc. (REIT) [OUT] shares currently have an operating margin of +5.44 and a Gross Margin at +30.71. Outfront Media Inc. (REIT)’s Net Margin is presently recorded at -4.93.

Return on Total Capital for OUT is now 1.28, given the latest momentum, and Return on Invested Capital for the company is -1.24. Return on Equity for this stock declined to -4.98, with Return on Assets sitting at -1.08. When it comes to the capital structure of this company, Outfront Media Inc. (REIT) [OUT] has a Total Debt to Total Equity ratio set at 304.25. Additionally, OUT Total Debt to Total Capital is recorded at 75.26, with Total Debt to Total Assets ending up at 70.02. Long-Term Debt to Equity for the company is recorded at 397.70, with the Long-Term Debt to Total Capital now at 70.59.

Reflecting on the efficiency of the workforce at the company, Outfront Media Inc. (REIT) [OUT] managed to generate an average of -$29,313 per employee. Receivables Turnover for the company is 4.95 with a Total Asset Turnover recorded at a value of 0.22.Outfront Media Inc. (REIT)’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

OUT Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OUT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Outfront Media Inc. (REIT) go to 10.00%.

Outfront Media Inc. [REIT] [OUT] Insider Position Details

There are presently around $3,429 million, or 98.60% of OUT stock, in the hands of institutional investors. The top three institutional holders of OUT stocks are: VANGUARD GROUP INC with ownership of 20,898,633, which is approximately 6.926% of the company’s market cap and around 0.90% of the total institutional ownership; BLACKROCK INC., holding 13,248,278 shares of the stock with an approximate value of $323.26 million in OUT stocks shares; and JPMORGAN CHASE & CO, currently with $180.53 million in OUT stock with ownership of nearly -32.416% of the company’s market capitalization.

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Positions in Outfront Media Inc. (REIT) stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 108 institutional holders increased their position in Outfront Media Inc. (REIT) [NYSE:OUT] by around 30,734,072 shares. Additionally, 119 investors decreased positions by around 27,385,280 shares, while 32 investors held positions by with 82,417,379 shares. The mentioned changes placed institutional holdings at 140,536,731 shares, according to the latest SEC report filing. OUT stock had 41 new institutional investments in for a total of 9,995,855 shares, while 36 institutional investors sold positions of 11,096,340 shares during the same period.

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