Outfront Media Inc (NYSE: OUT)’s stock price has increased by 1.03 compared to its previous closing price of 18.46. However, the company has seen a 0.11% increase in its stock price over the last five trading sessions. zacks.com reported 2024-10-18 that OUT’s diversified portfolio, strategic buyouts and digital billboard conversions bode well for future growth. However, fluctuations in the economy are a risk.
Is It Worth Investing in Outfront Media Inc (NYSE: OUT) Right Now?
The price-to-earnings ratio for Outfront Media Inc (NYSE: OUT) is above average at 14.94x, Company’s 36-month beta value is 1.96.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for OUT is 129.27M, and currently, short sellers hold a 10.38% ratio of that floaft. The average trading volume of OUT on October 30, 2024 was 1.58M shares.
OUT’s Market Performance
OUT’s stock has seen a 0.11% increase for the week, with a 1.47% rise in the past month and a 14.98% gain in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 1.98% for Outfront Media Inc The simple moving average for the past 20 days is 0.80% for OUT’s stock, with a 20.07% simple moving average for the past 200 days.
Analysts’ Opinion of OUT
Wells Fargo, on the other hand, stated in their research note that they expect to see OUT reach a price target of $22. The rating they have provided for OUT stocks is “Overweight” according to the report published on September 19th, 2024.
TD Cowen gave a rating of “Hold” to OUT, setting the target price at $16 in the report published on July 16th of the current year.
OUT Trading at 5.24% 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 -3.52% of loss for the given period.
Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares surge +3.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.42% upper at present.
During the last 5 trading sessions, OUT rose by +0.11%, which changed the moving average for the period of 200-days by +31.34% in comparison to the 20-day moving average, which settled at $18.50. In addition, Outfront Media Inc saw 33.60% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for OUT
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.44 for the gross margin
The net margin for Outfront Media Inc stands at 0.12. The total capital return value is set at 0.06. Equity return is now at value 29.78, with 4.19 for asset returns.
Based on Outfront Media Inc (OUT), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 3.43. The interest coverage ratio of the stock is -1.8.
Currently, EBITDA for the company is 428.8 million with net debt to EBITDA at 116.0. When we switch over and look at the enterprise to sales, we see a ratio of 3.87. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.35.
Conclusion
In a nutshell, Outfront Media Inc (OUT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
