Outfront Media Inc. (OUT) is expected to grow earnings and revenues in the years ahead

A share price of Outfront Media Inc. [OUT] is currently trading at $18.21, up 1.34%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OUT shares have gain 3.88% over the last week, with a monthly amount drifted -1.94%, and not seem to be holding up well over a long-time horizon.

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On 3, November 2022, OUTFRONT Media Reports Third Quarter 2022 Results. In a post published today on Yahoo Finance, Revenues of $453.7 million.

From an analyst’s perspective:

Outfront Media Inc. [NYSE: OUT] stock has seen the most recent analyst activity on March 29, 2022, when Wolfe Research initiated its Outperform rating and assigned the stock a price target of $34. Previously, Citigroup upgraded its rating to Buy on September 25, 2020, and elevated its price target to $18. On April 20, 2020, downgrade downgraded it’s rating to Equal-Weight but maintained its price target of $13 on the stock. Imperial Capital reiterated its Outperform rating and decreased its price target to $24 on March 20, 2020. Imperial Capital reiterated its recommendation of a Outperform and raised its price target to $35 on February 19, 2020. JP Morgan upgraded its rating to Overweight for this stock on February 03, 2020, and upped its price target to $38. In a note dated January 22, 2020, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $29 to $35.

Outfront Media Inc. experienced fluctuations in its stock price throughout the past year between $14.97 and $29.36. Currently, Wall Street analysts expect the stock to reach $27.00 within the next 12 months. Outfront Media Inc. [NYSE: OUT] shares were valued at $18.21 at the most recent close of the market. An investor can expect a potential return of 48.27% based on the average OUT price forecast.

Analyzing the OUT fundamentals

During the last quarter, Outfront Media Inc. [NYSE:OUT] saw sales of 453.7 billion, an improvement of 13.70%. Gross Margin for this corporation currently stands at +36.70% with Operating Margin at +11.36%, Pretax Margin comes in at +2.16%, and Net Margin reading is +2.43%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.04 points at the first support level, and at 17.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.34, and for the 2nd resistance point, it is at 18.46.

Outfront Media Inc. [OUT] reported earnings per share of $0.28 for its fiscal quarter that ended on 6/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.24/share, meaning a difference of $0.04 and a surprise factor of 16.70%. By comparison, the stated earnings for the previous quarter ended on 3/30/2022 were -$0.04 per share as compared to estimates of -$0.08 per share, a difference of $0.04 representing a surprise of 50.00%.

Ratios To Look Out For

A current ratio of 0.80 is a noteworthy aspect of Outfront Media Inc. [NYSE:OUT]. Considering the valuation of this stock, the price to sales ratio is 2.68, the price to book ratio is 3.93 and the P/E (TTM) ratio is 20.08.

Transactions by insiders

Insider trading, which has resulted in 2 insider purchases of 3,929 shares and 1 insider sales of 1,417 shares in the past three months, is now the topic of our analysis.