During the last session, Ouster Inc (NASDAQ:OUST)’s traded shares were 0.81 million, with the beta value of the company hitting 2.35. At the end of the trading day, the stock’s price was $8.08, reflecting an intraday gain of 1.25% or $0.1. The 52-week high for the OUST share is $16.88, that puts it down -108.91 from that peak though still a striking 42.45% gain since the share price plummeted to a 52-week low of $4.65. The company’s market capitalization is $402.15M, and the average trade volume was 1.49 million shares over the past three months.
Ouster Inc (OUST) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. OUST 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 -0.26.
Ouster Inc (NASDAQ:OUST) trade information
Ouster Inc (OUST) registered a 1.25% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.25% in intraday trading to $8.08, hitting a weekly high. The stock’s 5-day price performance is -2.06%, and it has moved by -21.40% in 30 days. Based on these gigs, the overall price performance for the year is 56.89%.
The consensus price target of analysts on Wall Street is $11.5, which implies an increase of 29.74% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10 and $17 respectively. As a result, OUST is trading at a discount of -110.4% off the target high and -23.76% off the low.
Ouster Inc (OUST) estimates and forecasts
In the rating firms’ projections, revenue will increase 33.29% 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 30M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 31.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 24.44M and 25.94M respectively. In this case, analysts expect current quarter sales to grow by 22.73% and then jump by 20.74% in the coming quarter.
While earnings are projected to return 66.97% in 2025, the next five years will return 37.86% per annum.
OUST Dividends
Ouster 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 0.81 million shares, is of PENN CAPITAL MANAGEMENT COMPANY, LLC’s that is approximately 1.8035% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.94 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ouster Inc (OUST) shares are iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . Data provided on Dec 31, 2024 indicates that iShares Russell 2000 ETF owns about 1.24 shares. This amounts to just over 2.49 percent of the company’s overall shares, with a $10.03 million market value. The same data shows that the other fund manager holds slightly less at 1.14, or about 2.30% of the stock, which is worth about $9.24 million.
