Outfront Media Inc (NYSE: OUT) is -9.60% 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 $16.11 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $16.43, the stock is -0.61% and -7.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing 1.99% at the moment leaves the stock -4.47% off its SMA200. OUT registered 1.62% gain for a year compared to 6-month loss of -9.10%. The firm has a 50-day simple moving average (SMA 50) of $17.7438 and a 200-day simple moving average (SMA200) of $17.562809.
The stock witnessed a -7.54% gain in the last 1 month and extending the period to 3 months gives it a -8.26%, and is -0.54% 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 2.89% over the week and 3.13% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.74B and $1.83B in sales. Current P/E ratio is 11.08 and Fwd P/E is 16.74. Profit margin for the company is 13.62%. Distance from 52-week low is 25.10% and -17.76% from its 52-week high. The company has generated returns on investments over the last 12 months (5.42%).
with sales reaching $396.17M over the same period.The EPS is expected to shrink by -41.86% this year, but quarterly earnings will post 0.82% year-over-year. Quarterly sales are estimated to shrink -3.02% in year-over-year returns.
349.0 institutions hold shares in Outfront Media Inc (OUT), with institutional investors hold 108.39% of the company’s shares. The shares outstanding are 162.01M, and float is at 136.89M with Short Float at 12.68%. Institutions hold 102.04% 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 14.606 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.
