Ouster Inc. (NYSE: OUST) is -27.11% lower on its value in year-to-date trading and has touched a low of $7.55 and a high of $17.73 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OUST stock was last observed hovering at around $9.87 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $21.00 for the next 12 months. It is also 60.64% off the consensus price target high of $25.00 offered by 2 analysts, but current levels are 42.12% higher than the price target low of $17.00 for the same period.
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Currently trading at $9.84, the stock is 3.75% and -16.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.79 million and changing -0.30% at the moment leaves the stock -13.81% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $10.87 and a 200-day simple moving average (SMA200) of $11.32.
The stock witnessed a -8.04% in the last 1 month and extending the period to 3 months gives it a -27.70%, and is 15.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 14.94% over the week and 10.93% over the month.
Distance from 52-week low is 30.33% and -44.50% from its 52-week high.
Ouster Inc. (OUST) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ouster Inc. (OUST) is a “Buy”. 2 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Ouster Inc. (OUST) Top Institutional Holders
45 institutions hold shares in Ouster Inc. (OUST), with 22.02M shares held by insiders accounting for 46.52% while institutional investors hold 36.15% of the company’s shares. The shares outstanding are 161.45M, and float is at 26.74M with Short Float at 1.81%. Institutions hold 19.33% of the Float.