Outfront Media Inc (OUT) Shares Plummet Below 1-Year High

Outfront Media Inc (NYSE: OUT)’s stock price has dropped by -3.16 in relation to previous closing price of 18.05. Nevertheless, the company has seen a loss of -3.27% in its stock price over the last five trading days. zacks.com reported 2024-11-12 that While the top- and bottom-line numbers for Outfront Media (OUT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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 14.00x compared to its average ratio, The 36-month beta value for OUT is at 1.95. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for OUT is 129.27M, and currently, shorts hold a 9.71% of that float. The average trading volume for OUT on November 12, 2024 was 1.61M shares.

OUT’s Market Performance

The stock of Outfront Media Inc (OUT) has seen a -3.27% decrease in the past week, with a -5.67% drop in the past month, and a 11.84% gain in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are at 2.43% for OUT. The simple moving average for the past 20 days is -4.65% for OUT’s stock, with a 10.97% 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 -2.83% 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 -9.57% of loss for the given period.

Volatility was left at 2.43%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -8.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.81% upper at present.

During the last 5 trading sessions, OUT fell by -3.60%, which changed the moving average for the period of 200-days by +25.05% in comparison to the 20-day moving average, which settled at $18.33. In addition, Outfront Media Inc saw 25.21% 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 3.77. The receivables turnover for the company is 6.71for trailing twelve months and the total asset turnover is 0.35.

Conclusion

In conclusion, Outfront Media Inc (OUT) has had a mixed performance lately. Opinion on the stock among analysts is mixed, 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.

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