In last trading session, Outset Medical Inc (NASDAQ:OM) saw 3.55 million shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $0.96 trading at $0.02 or 2.13% at ring of the bell on the day assigns it a market valuation of $51.55M. That closing price of OM’s stock is at a discount of -443.75% from its 52-week high price of $5.22 and is indicating a premium of 54.17% 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 -0.26 in the current quarter.
Outset Medical Inc (NASDAQ:OM) trade information
Upright in the green during last session for gaining 2.13%, 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 $0.96 price level, adding 11.11% to its value on the day. Outset Medical Inc’s shares saw a change of -13.51% in year-to-date performance and have moved 23.08% in past 5-day. Outset Medical Inc (NASDAQ:OM) showed a performance of 18.97% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6 to the stock, which implies a rise of 84.0% to its current value. 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 -212.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -212.5% for stock’s current value.
Outset Medical Inc (OM) estimates and forecasts
This year revenue growth is estimated to rise 5.71% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 28.23M for the same. And 5 analysts are in estimates of company making revenue of 28.96M 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.
