Ouster Inc (NASDAQ:OUST) has a beta value of 2.39 and has seen 1.36 million shares traded in the recent trading session. The company, currently valued at $869.95M, closed the recent trade at $14.75 per share which meant it gained $0.11 on the day or 0.72% during that session. The OUST stock price is -14.44% off its 52-week high price of $16.88 and 68.47% above the 52-week low of $4.65. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.15 million shares traded. The 3-month trading volume is 1.43 million shares.
The consensus among analysts is that Ouster Inc (OUST) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.26.
Ouster Inc (NASDAQ:OUST) trade information
Sporting 0.72% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the OUST stock price touched $14.75 or saw a rise of 7.06%. Year-to-date, Ouster Inc shares have moved 20.66%, while the 5-day performance has seen it change 18.06%. Over the past 30 days, the shares of Ouster Inc (NASDAQ:OUST) have changed 65.68%. Short interest in the company has seen 4.5 million shares shorted with days to cover at 3.72.
Wall Street analysts have a consensus price target for the stock at $11.5, which means that the shares’ value could drop -28.26% from the levels at last check today. The projected low price target is $10.0 while the price target rests at a high of $17.0. In that case, then, we find that the latest price level in today’s session is -15.25% off the targeted high while a plunge would see the stock lose 32.2% from the levels at last check today.
Ouster Inc (OUST) estimates and forecasts
Figures show that Ouster Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 40.83% over the past 6 months, with this year growth rate of 64.52%, compared to 0.10% for the industry. Revenue growth from the last financial year stood is estimated to be 33.29%.
4 analysts offering their estimates for the company have set an average revenue estimate of 30M for the current quarter. 4 have an estimated revenue figure of 31.32M for the next ending quarter. Year-ago sales stood 24.44M and 25.94M respectively for this quarter and the next, and analysts expect sales will grow by 22.73% for the current quarter and 33.29% for the next.
Earnings growth for 2025 is a modest 68.60% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.
OUST Dividends
Ouster Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Ouster Inc (NASDAQ:OUST)’s Major holders
Insiders own 5.68% of the company shares, while shares held by institutions stand at 43.70% with a share float percentage of 46.33%. Investors are also buoyed by the number of investors in a company, with Ouster Inc having a total of 178.0 institutions that hold shares in the company. The top two institutional holders are ITAU UNIBANCO HOLDING S.A. with over 1515.0 shares worth more than $14892.0. As of 2024-06-30, ITAU UNIBANCO HOLDING S.A. held 0.0034% of shares outstanding.
The other major institutional holder is NBT BANK N A /NY, with the holding of over 50.0 shares as of 2024-06-30. The firm’s total holdings are worth over $492.0 and represent 0.0001% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 2.30% shares in the company for having 1.14 shares of worth $16.89 million while later fund manager owns 1.12 shares of worth $16.58 million as of Oct 31, 2024, which makes it owner of about 2.26% of company’s outstanding stock.
