Outfront Media Inc (NYSE: OUT) is -10.43% lower 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 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 $16.31 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $16.28, the stock is -10.44% and -10.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing -0.18% at the moment leaves the stock -4.33% off its SMA200. OUT registered 3.53% gain for a year compared to 6-month gain of 3.92%.
The stock witnessed a -13.13% loss in the last 1 month and extending the period to 3 months gives it a -16.15%, and is -10.79% 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 4.18% over the week and 3.15% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.72B and $1.83B in sales. Current P/E ratio is 10.98 and Fwd P/E is 16.84. Profit margin for the company is 13.62%. Distance from 52-week low is 23.96% and -18.51% from its 52-week high. The company has generated returns on investments over the last 12 months (5.42%).
with sales reaching $396.14M over the same period.The EPS is expected to shrink by -42.38% this year, but quarterly earnings will post 0.91% year-over-year. Quarterly sales are estimated to shrink -3.03% in year-over-year returns.
The shares outstanding are 162.01M, and float is at 136.89M with Short Float at 12.32%.
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.
