In recent trading session, Ouster Inc (NYSE:OUST) saw 0.53 million shares changing hands at last check today with its beta currently measuring 2.46. Company’s recent per share price level of $7.87 trading at $0.09 or 1.10% at last check today assigns it a market valuation of $355.77M. That most recent trading price of OUST’s stock is at a discount of -114.49% from its 52-week high price of $16.88 and is indicating a premium of 53.37% from its 52-week low price of $3.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.64 million shares which gives us an average trading volume of 1.22 million if we extend that period to 3-months.

For Ouster Inc (OUST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.57 in the current quarter.

Ouster Inc (NYSE:OUST) trade information

Upright in the green today for gaining 1.10%, in the last five days OUST remained trading in the red while hitting it’s week-highest on Tuesday, 08/13/24 when the stock touched $7.87 price level, adding 30.42% to its value on the day. Ouster Inc’s shares saw a change of 2.55% in year-to-date performance and have moved -25.58% in past 5-day. Ouster Inc (NYSE:OUST) showed a performance of -45.03% in past 30-days. Number of shares sold short was 5.58 million shares which calculate 5.32 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a rise of 31.57% to its recent value today. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would drop -27.06% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.06% for stock’s current value.

Ouster Inc (OUST) estimates and forecasts

Statistics highlight that Ouster Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 33.09% of value to its shares in past 6 months, showing an annual growth rate of 62.26% while that of industry is 0.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 35.00% from the last financial year’s standing.

6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 29.25M for the same. And 6 analysts are in estimates of company making revenue of 31.35M in the next quarter. Company posted 22.21M and 24.44M of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 72.23% while estimates for its earnings growth in next 5 years are of 20.00%.

Ouster Inc (NYSE:OUST)’s Major holders

Insiders are in possession of 14.54% of company’s total shares while institution are holding 42.40 percent of that, with stock having share float percentage of 49.61%. Investors also watch the number of corporate investors in a company very closely, which is 42.40% institutions for Ouster Inc that are currently holding shares of the company. VIMA LLC is the top institutional holder at OUST for having 205.0 shares of worth $0.17 million. And as of 2024-03-31, it was holding 0.0006 of the company’s outstanding shares.

The second largest institutional holder is NBT BANK N A /NY, which was holding about 50.0 shares on 2024-03-31. The number of shares represents firm’s hold over 0.0001 of outstanding shares, having a total worth of $397.0.