During the last session, Ouster Inc (NASDAQ:OUST)’s traded shares were 1.11 million, with the beta value of the company hitting 2.22. At the end of the trading day, the stock’s price was $10.62, reflecting an intraday loss of -5.43% or -$0.61. The 52-week high for the OUST share is $16.88, that puts it down -58.95 from that peak though still a striking 53.58% gain since the share price plummeted to a 52-week low of $4.93. The company’s market capitalization is $571.04M, and the average intraday trading volume over the past 10 days was 2.04 million shares, and the average trade volume was 1.44 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 1.40. 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 -0.25.
Ouster Inc (NASDAQ:OUST) trade information
Ouster Inc (OUST) registered a -5.43% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.43% in intraday trading to $10.62, hitting a weekly high. The stock’s 5-day price performance is 27.95%, and it has moved by 32.09% in 30 days. Based on these gigs, the overall price performance for the year is 114.98%. The short interest in Ouster Inc (NASDAQ:OUST) is 4.96 million shares and it means that shorts have 4.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $11.5, which implies an increase of 7.65% 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 -60.08% off the target high and 5.84% off the low.
Ouster Inc (OUST) estimates and forecasts
In the rating firms’ projections, revenue will increase 30.40% 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 30.78M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 33.6M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 25.94M and 26.99M respectively. In this case, analysts expect current quarter sales to grow by 18.64% and then jump by 24.49% 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 56.80%. While earnings are projected to return 13.66% in 2025, the next five years will return -1.58% per annum.
OUST Dividends
Ouster Inc is due to release its next quarterly earnings on 2025-Mar-19. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Ouster Inc (NASDAQ:OUST)’s Major holders
Ouster Inc insiders own 4.40% of total outstanding shares while institutional holders control 43.85%, with the float percentage being 45.87%. BLACKROCK INC. is the largest shareholder of the company, while 198.0 institutions own stock in it. As of 2024-06-30, the company held over 3.03 million shares (or 6.768% of all shares), a total value of $29.76 million in shares.
The next largest institutional holding, with 1.41 million shares, is of D. E. SHAW & CO., INC.’s that is approximately 3.1416% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $13.82 million.
Also, the Mutual Funds coming in first place with the largest holdings of Ouster Inc (OUST) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 1.29 shares. This amounts to just over 2.58 percent of the company’s overall shares, with a $13.65 million market value. The same data shows that the other fund manager holds slightly less at 1.28, or about 2.56% of the stock, which is worth about $13.54 million.
