A share price of Ouster Inc [OUST] is currently trading at $6.29, up 6.07%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OUST shares have gain 1.94% over the last week, with a monthly amount drifted -16.02%, and not 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.
Ouster Inc experienced fluctuations in its stock price throughout the past year between $3.67 and $16.88. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Ouster Inc [NYSE: OUST] shares were valued at $6.29 at the most recent close of the market. An investor can expect a potential return of 98.73% based on the average OUST price forecast.
Analyzing the OUST fundamentals
Trailing Twelve Months sales for Ouster Inc [NYSE:OUST] were 99.59M which represents 39.15% growth. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -1.17%, Pretax Profit Margin comes in at -1.22%, and Net Profit Margin reading is -1.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.68 and Total Capital is -0.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
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 6.05 points at the first support level, and at 5.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.45, and for the 2nd resistance point, it is at 6.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ouster Inc [NYSE:OUST] is 3.40. As well, the Quick Ratio is 3.14, while the Cash Ratio is 0.72. Considering the valuation of this stock, the price to sales ratio is 3.05, the price to book ratio is 1.74.
Transactions by insiders
Recent insider trading involved SPENCER DARIEN, Chief Operating Officer, that happened on Sep 17 ’24 when 263.0 shares were sold. Chief Financial Officer, WEINSWIG MARK completed a deal on Sep 12 ’24 to sell 2540.0 shares. Meanwhile, General Counsel and Secretary Chung Megan sold 2644.0 shares on Sep 12 ’24.
