During the recent session, Ouster Inc (NASDAQ:OUST)’s traded shares were 0.61 million, with the beta value of the company hitting 2.39. At the last check today, the stock’s price was $12.46, reflecting an intraday gain of 1.96% or $0.24. The 52-week high for the OUST share is $16.88, that puts it down -35.47 from that peak though still a striking 62.68% gain since the share price plummeted to a 52-week low of $4.65. The company’s market capitalization is $620.14M, and the average intraday trading volume over the past 10 days was 2.42 million shares, and the average trade volume was 1.36 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 1.00. 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. Company’s earnings per share (EPS) for the current quarter are expected to be -0.26.
Ouster Inc (NASDAQ:OUST) trade information
Ouster Inc (OUST) registered a 1.96% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.96% in intraday trading to $12.46, hitting a weekly high. The stock’s 5-day price performance is -2.73%, and it has moved by 29.52% in 30 days. Based on these gigs, the overall price performance for the year is 74.27%. The short interest in Ouster Inc (NASDAQ:OUST) is 4.5 million shares and it means that shorts have 3.72 day(s) to cover.
The consensus price target of analysts on Wall Street is $11.5, which implies a decrease of -8.35% to the stock’s current value. 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 -36.44% off the target high and 19.74% 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 28.45% during the last six months, with a year-to-date growth rate more than the industry average at 64.52% against 0.10. In the rating firms’ projections, revenue will increase 33.29% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 30M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 31.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 24.44M and 25.94M respectively. In this case, analysts expect current quarter sales to grow by 22.73% and then jump by 20.74% in the coming quarter.
While earnings are projected to return 68.60% in 2025, the next five years will return 20.00% per annum.
OUST Dividends
Ouster Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ouster Inc (NASDAQ:OUST)’s Major holders
Ouster Inc insiders own 5.68% of total outstanding shares while institutional holders control 43.70%, with the float percentage being 46.33%. ITAU UNIBANCO HOLDING S.A. is the largest shareholder of the company, while 178.0 institutions own stock in it. As of 2024-06-30, the company held over 1515.0 shares (or 0.0034% of all shares), a total value of $14892.0 in shares.
The next largest institutional holding, with 50.0 shares, is of NBT BANK N A /NY’s that is approximately 0.0001% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $492.0.
