Outfront Media Inc (NYSE: OUT) is -9.27% 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 $16.34 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $16.49, the stock is -5.72% and -8.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.92% at the moment leaves the stock -3.42% off its SMA200. OUT registered 5.66% gain for a year compared to 6-month gain of -4.94%. The firm has a 50-day simple moving average (SMA 50) of $18.068954 and a 200-day simple moving average (SMA200) of $17.467085.
The stock witnessed a -14.82% loss in the last 1 month and extending the period to 3 months gives it a -14.48%, and is 1.29% 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 3.51% over the week and 3.49% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.75B and $1.83B in sales. Current P/E ratio is 11.12 and Fwd P/E is 17.06. Profit margin for the company is 13.62%. Distance from 52-week low is 25.55% and -17.46% 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.
352.0 institutions hold shares in Outfront Media Inc (OUT), with institutional investors hold 108.53% of the company’s shares. The shares outstanding are 162.01M, and float is at 136.89M with Short Float at 12.32%. Institutions hold 102.17% 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 10.2295 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.
