Outfront Media Inc (NYSE: OUT) is -11.09% 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 $16.60 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $16.16, the stock is 5.81% and 3.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing -2.65% at the moment leaves the stock -6.48% off its SMA200. OUT registered 8.82% gain for a year compared to 6-month loss of -7.01%.
The stock witnessed a 10.53% gain in the last 1 month and extending the period to 3 months gives it a -12.55%, and is 3.46% 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 4.15% over the week and 3.13% over the month.
Outfront Media Inc (OUT) has around 2149 employees, a market worth around $2.70B and $1.81B in sales. Current P/E ratio is 10.58 and Fwd P/E is 19.25. Profit margin for the company is 14.12%. Distance from 52-week low is 24.79% and -19.11% from its 52-week high. The company has generated returns on investments over the last 12 months (5.68%).
The EPS is expected to shrink by -50.91% this year
The shares outstanding are 167.07M, and float is at 136.93M with Short Float at 13.12%.
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.
