Outfront Media Inc (NYSE: OUT) is -9.33% lower on its value in year-to-date trading and has touched a low of $12.95 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 $16.79 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $16.48, the stock is 1.94% and 6.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -1.85% at the moment leaves the stock -5.11% off its SMA200. OUT registered 15.97% gain for a year compared to 6-month loss of -16.27%. The firm has a 50-day simple moving average (SMA 50) of $15.5372 and a 200-day simple moving average (SMA200) of $17.599995.
The stock witnessed a 5.37% gain in the last 1 month and extending the period to 3 months gives it a -9.70%, and is 1.17% 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 1.54% over the week and 2.63% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.75B and $1.81B in sales. Current P/E ratio is 10.79 and Fwd P/E is 18.05. Profit margin for the company is 14.12%. Distance from 52-week low is 27.26% and -17.51% from its 52-week high. The company has generated returns on investments over the last 12 months (5.68%).
with sales reaching $463.16M over the same period.The EPS is expected to shrink by -45.71% this year, but quarterly earnings will post -1.39% year-over-year. Quarterly sales are estimated to shrink -2.96% in year-over-year returns.
368.0 institutions hold shares in Outfront Media Inc (OUT), with institutional investors hold 120.02% of the company’s shares. The shares outstanding are 167.07M, and float is at 136.12M with Short Float at 13.20%. Institutions hold 112.77% 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 13.3466 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 $$248.65 million, while INVESCO LTD. holds 5.1762 of the shares totaling 8.8 million with a market value of $$125.82 million.
