In the last trading session, 1.12 million shares of the Ouster Inc (NASDAQ:OUST) were traded, and its beta was 2.36. Most recently the company’s share price was $9.71, and it changed around -$0.57 or -5.54% from the last close, which brings the market valuation of the company to $483.27M. OUST currently trades at a discount to its 52-week high of $16.88, offering almost -73.84% off that amount. The share price’s 52-week low was $4.65, which indicates that the current value has risen by an impressive 52.11% since then. We note from Ouster Inc’s average daily trading volume that its 10-day average is 1.1 million shares, with the 3-month average coming to 1.60 million.
Ouster Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended OUST as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. Ouster Inc is expected to report earnings per share of -0.26 for the current quarter.
Ouster Inc (NASDAQ:OUST) trade information
Instantly OUST has showed a red trend with a performance of -5.54% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 11.48 on recent trading dayincreased the stock’s daily price by 15.42%. The company’s shares are currently down -20.54% year-to-date, but still down -3.86% over the last five days. On the other hand, Ouster Inc (NASDAQ:OUST) is -14.22% down in the 30-day period. We can see from the shorts that 5.24 million shares have been sold at a short interest cover period of 3.28 day(s).
The consensus price target as assigned by Wall Street analysts is $11.5, which translates to bulls needing to increase their stock price by 15.57% from its current value. Analyst projections state that OUST is forecast to be at a low of $10 and a high of $17.
Ouster Inc (OUST) estimates and forecasts
The year-over-year growth rate is expected to be 33.29%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 30M in revenue for the current quarter. 4 analysts expect Ouster Inc to make 31.32M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 24.44M and 25.94M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 22.73%. Forecasts for the next quarter put sales growth at 20.74%.
Ouster Inc earnings are expected to increase by 66.99% in 2025, but the outlook is positive 37.81% per year for the next five years.
OUST Dividends
Ouster Inc’s next quarterly earnings report is expected to be released in March.
Ouster Inc (NASDAQ:OUST)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.87% of Ouster Inc shares, and 45.28% of them are in the hands of institutional investors. The stock currently has a share float of 47.60%. Ouster Inc stock is held by 183.0 institutions, with ITAU UNIBANCO HOLDING S.A. being the largest institutional investor. By 2024-06-30, it held 0.0034% of the shares, which is about 1515.0 shares worth $14892.0.
NBT BANK N A /NY, with 0.0001% or 50.0 shares worth $492.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 1.22 shares worth $11.82 million, making up 2.45% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 1.14 shares worth around $11.1 million, which represents about 2.30% of the total shares outstanding.
