In recent trading session, Outset Medical Inc (NASDAQ:OM) saw 1.79 million shares changing hands at last check today with its beta currently measuring 2.01. Company’s recent per share price level of $1.02 trading at $0.08 or 8.41% at last check today assigns it a market valuation of $54.73M. That most recent trading price of OM’s stock is at a discount of -411.76% from its 52-week high price of $5.22 and is indicating a premium of 56.86% from its 52-week low price of $0.44.
For Outset Medical Inc (OM), 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 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.31 in the current quarter.
Outset Medical Inc (NASDAQ:OM) trade information
Upright in the green today for gaining 8.41%, in the last five days OM remained trading in the green while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $1.02 price level, adding 5.56% to its value on the day. Outset Medical Inc’s shares saw a change of -8.19% in year-to-date performance and have moved 30.65% in past 5-day. Outset Medical Inc (NASDAQ:OM) showed a performance of 26.30% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 83.0% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 34. It follows that stock’s current price would drop -194.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -194.12% for stock’s current value.
Outset Medical Inc (OM) estimates and forecasts
This year revenue growth is estimated to rise 6.15% 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 28.45M for the same. And 4 analysts are in estimates of company making revenue of 29.08M in the next quarter. Company posted 28.17M and 27.39M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -15.08% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 42.68% while estimates for its earnings growth in next 5 years are of 29.58%.
Outset Medical Inc (NASDAQ:OM)’s Major holders
FMR LLC is the top institutional holder at OM for having 7.7 million shares of worth $29.63 million. And as of 2024-06-30, it was holding 15.1214 of the company’s outstanding shares.
The second largest institutional holder is AMERIPRISE FINANCIAL INC, which was holding about 5.2 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.2162 of outstanding shares, having a total worth of $20.02 million.
On the other hand, Fidelity Select Portfolios – Medical Technology & Devices Port and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024, the former fund manager was holding 3.3 shares of worth $3.29 million or 6.14% of the total outstanding shares. The later fund manager was in possession of 1.65 shares on Sep 30, 2024, making its stake of worth around $1.64 million in the company or a holder of 3.07% of company’s stock.