Outfront Media Inc (NYSE: OUT)’s stock price has surge by 1.20relation to previous closing price of 19.13. Nevertheless, the company has seen a 5.62% surge in its stock price over the last five trading sessions. zacks.com reported 2024-11-25 that Outfront Media (OUT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company’s earnings prospects. This might drive the stock higher in the near term.
Is It Worth Investing in Outfront Media Inc (NYSE: OUT) Right Now?
The price-to-earnings ratio for Outfront Media Inc (NYSE: OUT) is 14.32x, which is above its average ratio. Moreover, the 36-month beta value for OUT is 1.98. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for OUT is 134.21M and currently, short sellers hold a 9.35% of that float. On November 26, 2024, OUT’s average trading volume was 1.84M shares.
OUT’s Market Performance
The stock of Outfront Media Inc (OUT) has seen a 5.62% increase in the past week, with a 10.03% rise in the past month, and a 19.91% gain in the past quarter. The volatility ratio for the week is 2.48%, and the volatility levels for the past 30 days are at 3.02% for OUT. The simple moving average for the last 20 days is 8.27% for OUT stock, with a simple moving average of 25.72% for the last 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 9.14% 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 able to rebound, for now settling with 0.52% of gains for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares surge +4.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.75% upper at present.
During the last 5 trading sessions, OUT rose by +5.62%, which changed the moving average for the period of 200-days by +50.78% in comparison to the 20-day moving average, which settled at $18.35. In addition, Outfront Media Inc saw 44.48% 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:
- 0.24 for the present operating margin
- 0.46 for the gross margin
The net margin for Outfront Media Inc stands at 0.13. The total capital return value is set at 0.09. Equity return is now at value 33.79, with 4.55 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 0.11. The debt to equity ratio resting at 3.42. The interest coverage ratio of the stock is 2.74.
Currently, EBITDA for the company is -258.4 million with net debt to EBITDA at 9.3. When we switch over and look at the enterprise to sales, we see a ratio of 3.94. The receivables turnover for the company is 6.54for trailing twelve months and the total asset turnover is 0.35.
Conclusion
To wrap up, the performance of Outfront Media Inc (OUT) has been better in recent times. The stock has received a mixed of “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.
