Outfront Media Inc (NYSE: OUT) is -1.24% lower on its value in year-to-date trading and has touched a low of $11.78 and a high of $19.50 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 OUT stock was last observed hovering at around $17.60 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $17.52, the stock is -2.98% and -3.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -0.45% at the moment leaves the stock 9.50% off its SMA200. OUT registered 28.90% gain for a year compared to 6-month gain of 23.41%. The firm has a 50-day simple moving average (SMA 50) of $18.3886 and a 200-day simple moving average (SMA200) of $16.52175.
The stock witnessed a -7.55% loss in the last 1 month and extending the period to 3 months gives it a 0.18%, and is -1.24% 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 2.18% over the week and 2.55% over the month.
Outfront Media Inc (OUT) has around 2375 employees, a market worth around $2.91B and $1.84B in sales. Current P/E ratio is 12.95 and Fwd P/E is 20.60. Profit margin for the company is 12.82%. Distance from 52-week low is 48.76% and -10.15% from its 52-week high. The company has generated returns on investments over the last 12 months (5.14%).
The EPS is expected to grow by 154.47% this year
386.0 institutions hold shares in Outfront Media Inc (OUT), with institutional investors hold 104.13% of the company’s shares. The shares outstanding are 165.98M, and float is at 134.21M with Short Float at 9.95%. Institutions hold 97.93% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 24.83 million shares valued at $355.03 million. The investor’s holdings represent 15.0104 of the OUT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 22.69 million shares valued at $324.42 million to account for 13.7161 of the shares outstanding. The other top investors are PROVIDENCE EQUITY PARTNERS L.L.C. which holds 17.39 million shares representing 10.5127 and valued at over $248.65 million, while INVESCO LTD. holds 5.3195 of the shares totaling 8.8 million with a market value of $125.82 million.
