Outfront Media Inc (NYSE: OUT) is 0.41% higher on its value in year-to-date trading and has touched a low of $13.13 and a high of $19.98 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 $17.77 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $18.25, the stock is -1.87% and -0.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.95 million and changing 2.70% at the moment leaves the stock 7.65% off its SMA200. OUT registered 25.56% gain for a year compared to 6-month gain of 8.84%.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a -7.27%, and is -0.82% 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 3.20% over the week and 2.76% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $3.05B and $1.83B in sales. Current P/E ratio is 12.31 and Fwd P/E is 18.88. Profit margin for the company is 13.62%. Distance from 52-week low is 38.95% and -8.65% from its 52-week high. The company has generated returns on investments over the last 12 months (5.42%).
The EPS is expected to shrink by -42.38% this year
The shares outstanding are 162.01M, and float is at 135.71M with Short Float at 12.20%.
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 10.2295 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.
Outfront Media Inc (OUT): Who are the competitors?
One of the company’s main competitors (and peers) include Realty Income Corp. (O) that is trading 11.41% up over the past 12 months.Paramount Group Inc. (PGRE) lies in the list of competitors of the Outfront Media Inc and is -4.81% lower over the same period from OUTLink Real Estate Investment Trust (LKREF) is -2.54% down on the 1-year trading charts.
