Now Is A Good Time To Buy Ouster Inc (NYSE: OUST)

ZM Stock

During the last session, Ouster Inc (NYSE:OUST)’s traded shares were 1.08 million, with the beta value of the company hitting 2.48. At the end of the trading day, the stock’s price was $14.31, reflecting an intraday loss of -5.48% or -$0.83. The 52-week high for the OUST share is $16.88, that puts it down -17.96 from that peak though still a striking 74.35% gain since the share price plummeted to a 52-week low of $3.67. The company’s market capitalization is $647.24M, and the average trade volume was 1.19 million shares over the past three months.

Ouster Inc (OUST) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. OUST has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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Ouster Inc (NYSE:OUST) trade information

Ouster Inc (OUST) registered a -5.48% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.48% in intraday trading to $14.31, hitting a weekly high. The stock’s 5-day price performance is 10.42%, and it has moved by 31.16% in 30 days. Based on these gigs, the overall price performance for the year is 126.42%.

The extremes of the forecast give a target low and a target high price of $10 and $17 respectively. As a result, OUST is trading at a discount of -18.8% off the target high and 30.12% off the low.

Ouster Inc (OUST) estimates and forecasts

Statistics show that Ouster Inc has outperformed its competitors in share price, compared to the industry in which it operates. Ouster Inc (OUST) shares have gone up 133.82% during the last six months, with a year-to-date growth rate more than the industry average at 62.26% against 3.50.

While earnings are projected to return 65.14% in 2024, the next five years will return 20.00% per annum.

OUST Dividends

Ouster Inc is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Ouster Inc (NYSE:OUST)’s Major holders