In recent trading session, Ouster Inc (NASDAQ:OUST) saw 0.96 million shares changing hands at last check today with its beta currently measuring 2.39. Company’s recent per share price level of $11.61 trading at -$0.99 or -7.82% at last check today assigns it a market valuation of $577.83M. That most recent trading price of OUST’s stock is at a discount of -45.39% from its 52-week high price of $16.88 and is indicating a premium of 59.95% from its 52-week low price of $4.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.02 million shares which gives us an average trading volume of 1.51 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 1.00. 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 -0.26 in the current quarter.
Ouster Inc (NASDAQ:OUST) trade information
Upright in the red during last session for losing -7.82%, in the last five days OUST remained trading in the red while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $11.61 price level, adding 26.84% to its value on the day. Ouster Inc’s shares saw a change of -4.99% in year-to-date performance and have moved -5.99% in past 5-day. Ouster Inc (NASDAQ:OUST) showed a performance of 16.33% in past 30-days. Number of shares sold short was 4.5 million shares which calculate 3.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a fall of -0.96% 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 jump 13.87% in reaching the projected high whereas dropping to the targeted low would mean a gain of 13.87% 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 lost -10.42% of value to its shares in past 6 months, showing an annual growth rate of 64.52% while that of industry is -1.00. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 33.29% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 30M for the same. And 4 analysts are in estimates of company making revenue of 31.32M in the next quarter. Company posted 24.44M and 25.94M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 66.97% while estimates for its earnings growth in next 5 years are of 20.00%.
Ouster Inc (NASDAQ:OUST)’s Major holders
Insiders are in possession of 4.67% of company’s total shares while institution are holding 43.75 percent of that, with stock having share float percentage of 45.89%. Investors also watch the number of corporate investors in a company very closely, which is 43.75% institutions for Ouster Inc that are currently holding shares of the company. ITAU UNIBANCO HOLDING S.A. is the top institutional holder at OUST for having 1515.0 shares of worth $14892.0. And as of 2024-06-30, it was holding 0.0034 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 2024-06-30. The number of shares represents firm’s hold over 0.0001 of outstanding shares, having a total worth of $492.0.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 1.14 shares of worth $12.96 million or 2.30% of the total outstanding shares. The later fund manager was in possession of 1.12 shares on Oct 31, 2024, making its stake of worth around $12.72 million in the company or a holder of 2.26% of company’s stock.