Outfront Media Inc. (REIT) (NYSE:OUT) went down by -2.41% from its latest closing price compared to the recent 1-year high of $31.20. The company’s stock price has collected -9.06% of loss in the last five trading sessions. Press Release reported on 10/12/20 that OUTFRONT Media To Report 2020 Third Quarter Results On November 4, 2020
Is It Worth Investing in Outfront Media Inc. (REIT) (NYSE :OUT) Right Now?
Outfront Media Inc. (REIT) (NYSE:OUT) scored a price-to-earnings ratio above its average ratio, recording 79.02 x from its present earnings ratio. Plus, the 36-month beta value for OUT is at 1.54. Opinions of the stock are interesting as 5 analysts out of 7 who provided ratings for Outfront Media Inc. (REIT) declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $18.33, which is $4.83 above the current price. OUT currently public float of 143.44M and currently shorts hold a 2.50% ratio of that float. Today, the average trading volume of OUT was 1.70M shares.
OUT’s Market Performance
OUT stocks went down by -9.06% for the week, with a monthly drop of -17.71% and a quarterly performance of -5.17%, while its annual performance rate touched -50.00%. The volatility ratio for the week stands at 3.31% while the volatility levels for the past 30 days are set at 4.17% for Outfront Media Inc. (REIT). The simple moving average for the period of the last 20 days is -7.30% for OUT stocks with a simple moving average of -23.04% for the last 200 days.
Analysts’ Opinion of OUT
Many brokerage firms have already submitted their reports for OUT stocks, with Citigroup repeating the rating for OUT by listing it as a “Buy.” The predicted price for OUT in the upcoming period, according to Citigroup is $18 based on the research report published on September 25th of the current year 2020.
Morgan Stanley, on the other hand, stated in their research note that they expect to see OUT reach a price target of $13. The rating they have provided for OUT stocks is “Equal-Weight” according to the report published on April 20th, 2020.
Imperial Capital gave a rating of “Outperform” to OUT, setting the target price at $24 in the report published on March 20th of the current year.
OUT Trading at -11.82% from the 50-Day Moving Average
After a stumble in the market that brought OUT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.93% of loss for the given period.
Volatility was left at 4.17%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares sank -12.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.78% lower at present.
During the last 5 trading sessions, OUT fell by -9.06%, which changed the moving average for the period of 200-days by -48.64% in comparison to the 20-day moving average, which settled at $14.73. In addition, Outfront Media Inc. (REIT) saw -48.73% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at OUT starting from Sauer Richard H., who sale 15,100 shares at the price of $26.58 back on Feb 28. After this action, Sauer Richard H. now owns 61,734 shares of Outfront Media Inc. (REIT), valued at $401,297 using the latest closing price.
Male Jeremy J., the Chairman & CEO of Outfront Media Inc. (REIT), sale 60,000 shares at $30.09 during a trade that took place back on Jan 22, which means that Male Jeremy J. is holding 332,703 shares at $1,805,400 based on the most recent closing price.
Stock Fundamentals for OUT
Current profitability levels for the company are sitting at:
- +9.58 for the present operating margin
- +35.16 for the gross margin
The net margin for Outfront Media Inc. (REIT) stands at +7.75. The total capital return value is set at 4.04, while invested capital returns managed to touch 3.52. Equity return is now at value 2.40, with 0.50 for asset returns.
Based on Outfront Media Inc. (REIT) (OUT), the company’s capital structure generated 353.86 points at debt to equity in total, while total debt to capital is 77.97. Total debt to assets is 71.91, with long-term debt to equity ratio resting at 320.64. Finally, the long-term debt to capital ratio is 70.65.
Currently, EBITDA for the company is 292.60M with total debt to EBITDA at 4.81. When we switch over and look at the enterrpise to sales, we see a ratio of 4.31, with the company’s debt to enterprise value settled at 0.50. The receivables turnover for the company is 6.42 and the total asset turnover is 0.39.