In last trading session, Ouster Inc (NASDAQ:OUST) saw 1.78 million shares changing hands with its beta currently measuring 2.30. Company’s recent per share price level of $7.48 trading at -$0.37 or -4.71% at ring of the bell on the day assigns it a market valuation of $372.28M. That closing price of OUST’s stock is at a discount of -125.67% from its 52-week high price of $16.88 and is indicating a premium of 37.83% from its 52-week low price of $4.65. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.99 million shares which gives us an average trading volume of 1.47 million if we extend that period to 3-months.
For Ouster Inc (OUST), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 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.
Ouster Inc (NASDAQ:OUST) trade information
Upright in the red during last session for losing -4.71%, in the last five days OUST remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $7.48 price level, adding 10.1% to its value on the day. Ouster Inc’s shares saw a change of -38.79% in year-to-date performance and have moved -10.42% in past 5-day. Ouster Inc (NASDAQ:OUST) showed a performance of -27.24% in past 30-days. Number of shares sold short was 4.96 million shares which calculate 4.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a rise of 34.96% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 17. It follows that stock’s current price would drop -33.69% in reaching the projected high whereas dropping to the targeted low would mean a loss of -33.69% for stock’s current value.
Ouster Inc (OUST) estimates and forecasts
This year revenue growth is estimated to rise 33.29% 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 30M for the same. And 4 analysts are in estimates of company making revenue of 31.32M in the next quarter. Company posted 24.44M and 25.94M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 66.97% while estimates for its earnings growth in next 5 years are of 37.86%.
Ouster Inc (NASDAQ:OUST)’s Major holders
Insiders are in possession of 4.77% of company’s total shares while institution are holding 47.30 percent of that, with stock having share float percentage of 49.67%. Investors also watch the number of corporate investors in a company very closely, which is 47.30% institutions for Ouster Inc that are currently holding shares of the company. TAO CAPITAL MANAGEMENT LP is the top institutional holder at OUST for having 1.13 million shares of worth $11.06 million. And as of 2024-06-30, it was holding 2.5154 of the company’s outstanding shares.
The second largest institutional holder is PENN CAPITAL MANAGEMENT COMPANY, LLC, which was holding about 0.81 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.8035 of outstanding shares, having a total worth of $7.94 million.
