In the last trading session, 4.37 million shares of the Ouster Inc (NASDAQ:OUST) were traded, and its beta was 2.48. Most recently the company’s share price was $19.91, and it changed around $1.84 or 10.18% from the last close, which brings the market valuation of the company to $1.07B. OUST currently trades at a discount to its 52-week high of $20.90, offering almost -4.97% off that amount. The share price’s 52-week low was $5.84, which indicates that the current value has risen by an impressive 70.67% since then.
Ouster Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended OUST as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight.
Ouster Inc (NASDAQ:OUST) trade information
Instantly OUST has showed a green trend with a performance of 10.18% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 20.90 on recent trading dayincreased the stock’s daily price by 4.74%. The company’s shares are currently up 62.93% year-to-date, but still up 31.12% over the last five days. On the other hand, Ouster Inc (NASDAQ:OUST) is 77.14% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $16, which translates to bulls needing to decrease their stock price by -24.44% from its current value. Analyst projections state that OUST is forecast to be at a low of $16 and a high of $19.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 56.80%. Ouster Inc earnings are expected to increase by 24.39% in 2025, but the outlook is positive 40.13% per year for the next five years.
OUST Dividends
Ouster Inc’s next quarterly earnings report is expected to be released in July.
VANGUARD GROUP INC, with 6.065% or 2.71 million shares worth $26.67 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
