Outfront Media Inc (NYSE: OUT) is -23.25% 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 $14.96 in the last trading session, with the day’s loss setting it -1.01%.
Currently trading at $13.95, the stock is -13.82% and -20.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing -6.75% at the moment leaves the stock -18.94% off its SMA200. OUT registered -13.35% loss for a year compared to 6-month gain of -21.15%. The firm has a 50-day simple moving average (SMA 50) of $17.5746 and a 200-day simple moving average (SMA200) of $17.567759.
The stock witnessed a -21.80% loss in the last 1 month and extending the period to 3 months gives it a -22.33%, and is -14.31% 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 5.02% over the week and 3.60% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.33B and $1.83B in sales. Current P/E ratio is 9.41 and Fwd P/E is 14.22. Profit margin for the company is 13.62%. Distance from 52-week low is 6.21% and -30.18% 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.
Outfront Media Inc (OUT) Top Institutional Holders
349.0 institutions hold shares in Outfront Media Inc (OUT), with institutional investors hold 108.38% 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.
Outfront Media Inc (OUT) Insider Activity
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