The stock of Outfront Media Inc (OUT) has gone down by -7.74% for the week, with a -4.66% drop in the past month and a 11.01% rise in the past quarter. The volatility ratio for the week is 3.63%, and the volatility levels for the past 30 days are 2.66% for OUT. The simple moving average for the past 20 days is -6.36% for OUT’s stock, with a 16.14% simple moving average for the past 200 days.
Is It Worth Investing in Outfront Media Inc (NYSE: OUT) Right Now?
The stock has a 36-month beta value of 1.89. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for OUT is 131.66M, and at present, short sellers hold a 3.98% of that float. On April 17, 2024, the average trading volume of OUT was 2.08M shares.
OUT) stock’s latest price update
Outfront Media Inc (NYSE: OUT)’s stock price has plunge by -0.72relation to previous closing price of 15.24. Nevertheless, the company has seen a -7.74% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-09 that OUTFRONT Media’s (OUT) geographically diversified advertising sites and strategic investments in its digital billboard portfolio are likely to aid its performance.
Analysts’ Opinion of OUT
JP Morgan, on the other hand, stated in their research note that they expect to see OUT reach a price target of $14, previously predicting the price at $20. The rating they have provided for OUT stocks is “Neutral” according to the report published on August 04th, 2023.
Wolfe Research gave a rating of “Outperform” to OUT, setting the target price at $34 in the report published on March 29th of the previous year.
OUT Trading at 0.80% 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 -11.10% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 3.63%, as shares sank -4.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.03% upper at present.
During the last 5 trading sessions, OUT fell by -7.74%, which changed the moving average for the period of 200-days by -3.32% in comparison to the 20-day moving average, which settled at $16.12. In addition, Outfront Media Inc saw 8.38% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OUT starting from Punter Clive A., who purchase 9,000 shares at the price of $11.12 back on Aug 18 ’23. After this action, Punter Clive A. now owns 174,647 shares of Outfront Media Inc, valued at $100,080 using the latest closing price.
Stock Fundamentals for OUT
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.47 for the gross margin
The net margin for Outfront Media Inc stands at -0.24. The total capital return value is set at -0.05. Equity return is now at value -41.54, with -7.44 for asset returns.
Based on Outfront Media Inc (OUT), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 4.02. The interest coverage ratio of the stock is 1.63.
Currently, EBITDA for the company is 428.8 million with net debt to EBITDA at 180.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.74. The receivables turnover for the company is 6.33for trailing twelve months and the total asset turnover is 0.33.
Conclusion
To sum up, Outfront Media Inc (OUT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
