During the last session, Outbrain Inc (NASDAQ:OB)’s traded shares were 0.73 million, with the beta value of the company hitting 1.46. At the end of the trading day, the stock’s price was $4.33, reflecting an intraday gain of 2.36% or $0.1. The 52-week high for the OB share is $7.87, that puts it down -81.76 from that peak though still a striking 17.32% gain since the share price plummeted to a 52-week low of $3.58. The company’s market capitalization is $404.42M, and the average trade volume was 370.19K shares over the past three months.
Outbrain Inc (OB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. OB has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.05.
Outbrain Inc (NASDAQ:OB) trade information
Outbrain Inc (OB) registered a 2.36% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.36% in intraday trading to $4.33, hitting a weekly high. The stock’s 5-day price performance is -12.61%, and it has moved by -39.86% in 30 days. Based on these gigs, the overall price performance for the year is 19.61%.
The consensus price target of analysts on Wall Street is $6.5, which implies an increase of 33.38% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.3 and $8 respectively. As a result, OB is trading at a discount of -84.76% off the target high and -22.4% off the low.
Outbrain Inc (OB) estimates and forecasts
In the rating firms’ projections, revenue will increase 64.95% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 298.94M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 353.82M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 216.96M and 214.15M respectively. In this case, analysts expect current quarter sales to grow by 37.78% and then jump by 65.22% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 48.06%. While earnings are projected to return 437.92% in 2025, the next five years will return 110.48% per annum.
OB Dividends
Outbrain Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.07 million shares, is of VANGUARD GROUP INC’s that is approximately 4.1992% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.3 million.
Also, the Mutual Funds coming in first place with the largest holdings of Outbrain Inc (OB) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.35 shares. This amounts to just over 2.71 percent of the company’s overall shares, with a $5.83 million market value. The same data shows that the other fund manager holds slightly less at 1.07, or about 2.16% of the stock, which is worth about $4.63 million.
