In the last trading session, 1.1 million Ouster Inc (NASDAQ:OUST) shares changed hands as the company’s beta touched 2.39. With the company’s per share price at $8.04 changed hands at -$0.23 or -2.78% during last session, the market valuation stood at $400.15M. OUST’s last price was a discount, traded about -109.95% off its 52-week high of $16.88. The share price had its 52-week low at $4.65, which suggests the last value was 42.16% up since then.
Analysts gave the Ouster Inc (OUST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended OUST as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Ouster Inc’s EPS for the current quarter is expected to be -0.26.
Ouster Inc (NASDAQ:OUST) trade information
Instantly OUST was in red as seen at the end of in last trading. With action -20.00%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -34.21%, with the 5-day performance at -20.00% in the red. However, in the 30-day time frame, Ouster Inc (NASDAQ:OUST) is -23.14% down.
The consensus price target for the stock as assigned by Wall Street analysts is 11.5, meaning bulls need an upside of 30.09% from its current market value. According to analyst projections, OUST’s forecast low is 10 with 17 as the target high. To hit the forecast high, the stock’s price needs a -111.44% plunge from its current level, while the stock would need to soar -24.38% for it to hit the projected low.
Ouster Inc (OUST) estimates and forecasts
Year-over-year growth is forecast to reach 33.29% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 30M. 4 analysts are of the opinion that Ouster Inc’s revenue for the current quarter will be 31.32M. The company’s revenue for the corresponding quarters a year ago was 24.44M and 25.94M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.73%. The estimates for the next quarter sales put growth at 20.74%.
The 2025 estimates are for Ouster Inc earnings to increase by 66.99%, but the outlook for the next 5-year period is at 37.81% per year.
OUST Dividends
Ouster Inc is expected to release its next quarterly earnings report in March.
NBT BANK N A /NY holds the second largest percentage of outstanding shares, with 0.0001% or 50.0 shares worth $492.0 as of 2024-06-30.
