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Outfront Media Inc. (OUT) Is Now En Route to Higher Prices

Outfront Media Inc. (NYSE: OUT) is 12.30% higher on its value in year-to-date trading and has touched a low of $14.97 and a high of $29.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OUT stock was last observed hovering at around $18.47 in the last trading session, with the day’s gains setting it 0.15% off its average median price target of $26.00 for the next 12 months. It is also 45.24% off the consensus price target high of $34.00 offered by analysts, but current levels are 6.9% higher than the price target low of $20.00 for the same period.

Currently trading at $18.62, the stock is 6.25% and 6.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.8 million and changing 0.81% at the moment leaves the stock -1.36% off its SMA200. OUT registered -23.59% loss for a year compared to 6-month loss of 6.40%.

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The stock witnessed a 13.88% gain in the last 1 month and extending the period to 3 months gives it a 13.05%, and is -2.51% down 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 3.08% over the week and 3.24% over the month.

Outfront Media Inc. (OUT) has around 2181 employees, a market worth around $2.98B and $1.74B in sales. Current P/E ratio is 20.53 and Fwd P/E is 18.22. Profit margin for the company is 8.20%. Distance from 52-week low is 24.38% and -36.58% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).

Outfront Media Inc. is expected to release its quarterly report on 05/01/2023.The EPS is expected to grow by 109.20% this year.

Outfront Media Inc. (OUT) Top Institutional Holders

The shares outstanding are 164.00M, and float is at 162.87M with Short Float at 6.97%.

Outfront Media Inc. (OUT) Insider Activity

A total of 3 insider transactions have happened at Outfront Media Inc. (OUT) in the last six months, with sales accounting for 1 and purchases happening 2 times.

Outfront Media Inc. (OUT): Who are the competitors?

The company’s main competitors (and peers) include Realty Income Corporation (O) that is trading -0.58% down over the past 12 months and Paramount Group Inc. (PGRE) that is -30.20% lower over the same period.

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