Outfront Media Inc [NYSE: OUT] jumped around 0.42 points on Thursday, while shares priced at $18.07 at the close of the session, up 2.38%.
Compared to the average trading volume of 1.39M shares, OUT reached a trading volume of 2341961 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Outfront Media Inc [OUT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OUT shares is $18.57 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 2.00. 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.
Wells Fargo have made an estimate for Outfront Media Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on Sep-20-24. While these analysts kept the previous recommendation, TD Cowen raised their target price to Hold. The new note on the price target was released on July 16, 2024, representing the official price target for Outfront Media Inc stock. On August 04, 2023, analysts decreased their price target for OUT shares from 20 to 14.
The Average True Range (ATR) for Outfront Media Inc is set at 0.57, with the Price to Sales ratio for OUT stock in the period of the last 12 months amounting to 1.63. The Price to Book ratio for the last quarter was 4.51, with the Price to Cash per share for the same quarter was set at 0.30. Price to Free Cash Flow for OUT in the course of the last twelve months was 16.31.
How has OUT stock performed recently?
Outfront Media Inc [OUT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.11. With this latest performance, OUT shares gained by 11.20% in over the last four-week period, additionally plugging by 11.89% over the last 6 months – not to mention a rise of 70.31% 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 69.33, with the RSI for the last a single of trading hit 74.43, and the three-weeks RSI is set at 66.09 for Outfront Media Inc [OUT]. The present Moving Average for the last 50 days of trading for this stock 16.05, while it was recorded at 17.65 for the last single week of trading, and 14.86 for the last 200 days.
Earnings analysis for Outfront Media Inc [OUT]
With the latest financial reports released by the company, Outfront Media Inc posted 0.09/share EPS, while the average EPS was predicted by analysts to be reported at 0.13/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.04. 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 go to 10.00%.
Insider trade positions for Outfront Media Inc [OUT]
There are presently around $96.36%, or 104.06%% of OUT stock, in the hands of institutional investors. The top three institutional holders of OUT stocks are: BLACKROCK INC. with ownership of 24.83 million shares, which is approximately 15.0104%. VANGUARD GROUP INC, holding 22.69 million shares of the stock with an approximate value of $$324.42 million in OUT stocks shares; and VANGUARD GROUP INC, currently with $$248.65 million in OUT stock with ownership which is approximately 10.5127%.
