At the time of writing, Ouster Inc [OUST] stock is trading at $12.16, down -0.25%. An important factor to consider is whether the stock is rising or falling in short-term value. The OUST shares have gain 5.74% over the last week, with a monthly amount glided 34.07%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ouster Inc [NYSE: OUST] stock has seen the most recent analyst activity on May 22, 2024, when Cantor Fitzgerald downgraded its rating to a Neutral and also boosted its price target to $13 from $8. Previously, Chardan Capital Markets downgraded its rating to Neutral on April 03, 2024. On July 14, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $10 on the stock. Citigroup downgraded its rating to a Neutral and decreased its price target to $1.70 on December 07, 2022. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $1.50 on November 08, 2022. Rosenblatt started tracking with a Buy rating for this stock on October 25, 2022, and assigned it a price target of $2. In a note dated July 25, 2022, Barclays downgraded an Equal Weight rating on this stock and revised its target price from $6 to $2.
For the past year, the stock price of Ouster Inc fluctuated between $3.67 and $14.17. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Ouster Inc [NYSE: OUST] shares were valued at $12.16 at the most recent close of the market. An investor can expect a potential return of 2.8% based on the average OUST price forecast.
Analyzing the OUST fundamentals
According to Ouster Inc [NYSE:OUST], the company’s sales were 91.99M for trailing twelve months, which represents an 50.57% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -2.33%, Pretax Profit Margin comes in at -2.39%, and Net Profit Margin reading is -2.4%. To continue investigating profitability, this company’s Return on Assets is posted at -0.69, Equity is -1.16 and Total Capital is -0.91. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
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 11.93 points at the first support level, and at 11.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.55, and for the 2nd resistance point, it is at 12.95.
Ratios To Look Out For
It is important to note that Ouster Inc [NYSE:OUST] has a current ratio of 3.09. On the other hand, the Quick Ratio is 2.83, and the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 5.98, the price to book ratio is 3.27.
Transactions by insiders
Recent insider trading involved WEINSWIG MARK, Chief Financial Officer, that happened on May 29 ’24 when 7159.0 shares were sold. President and CEO, Pacala Charles Angus completed a deal on May 15 ’24 to buy 16000.0 shares. Meanwhile, Director BOULET VIRGINIA bought 10000.0 shares on May 15 ’24.
