Outfront Media Inc. (NYSE: OUT)’s stock price has decreased by -0.25 compared to its previous closing price of 16.00. However, the company has seen a fall of -5.67% in its stock price over the last five trading days.
Is It Worth Investing in Outfront Media Inc. (NYSE: OUT) Right Now?
Outfront Media Inc. (NYSE: OUT) has a higher price-to-earnings ratio of 19.44x compared to its average ratio, and the 36-month beta value for OUT is at 1.76. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for OUT is $25.83, which is $10.64 above the current market price. The public float for OUT is 162.87M, and currently, shorts hold a 3.97% of that float. The average trading volume for OUT on March 15, 2023 was 1.59M shares.
OUT’s Market Performance
OUT stock saw a decrease of -5.67% in the past week, with a monthly decline of -18.70% and a quarterly a decrease of -5.84%. The volatility ratio for the week is 4.30%, and the volatility levels for the last 30 days are 2.99% for Outfront Media Inc. (OUT). The simple moving average for the last 20 days is -10.20% for OUT stock, with a simple moving average of -10.74% for the last 200 days.
Analysts’ Opinion of OUT
Many brokerage firms have already submitted their reports for OUT stocks, with Wolfe Research repeating the rating for OUT by listing it as a “Outperform.” The predicted price for OUT in the upcoming period, according to Wolfe Research is $34 based on the research report published on March 29th of the previous year 2022.
Citigroup, on the other hand, stated in their research note that they expect to see OUT reach a price target of $18, previously predicting the price at $17. The rating they have provided for OUT stocks is “Buy” according to the report published on September 25th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to OUT, setting the target price at $13 in the report published on April 20th of the previous year.
OUT Trading at -13.38% 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 -45.64% of loss for the given period.
Volatility was left at 2.99%, however, over the last 30 days, the volatility rate increased by 4.30%, as shares sank -18.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.37% lower at present.
During the last 5 trading sessions, OUT fell by -5.67%, which changed the moving average for the period of 200-days by -18.53% in comparison to the 20-day moving average, which settled at $17.60. In addition, Outfront Media Inc. saw -3.74% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OUT
Current profitability levels for the company are sitting at:
- +16.25 for the present operating margin
- +40.22 for the gross margin
The net margin for Outfront Media Inc. stands at +8.35. Equity return is now at value 11.20, with 2.30 for asset returns.
In conclusion, Outfront Media Inc. (OUT) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.