A share price of Ouster Inc [OUST] is currently trading at $9.98, down -3.95%. 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 3.74% over the last week, with a monthly amount glided 26.81%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ouster Inc [NYSE: OUST] stock has seen the most recent analyst activity on November 11, 2024, when Cantor Fitzgerald upgraded its rating to a Overweight and also revised its price target to $10 from $12. Previously, Cantor Fitzgerald downgraded its rating to Neutral on May 22, 2024, and elevated its price target to $13. On April 03, 2024, downgrade downgraded it’s rating to Neutral. Chardan Capital Markets upgraded its rating to a Buy but stick to its price target of $10 on July 14, 2023. Citigroup downgraded its rating to a Neutral and reduced its price target to $1.70 on December 07, 2022. Robert W. Baird downgraded its rating to Neutral for this stock on November 08, 2022, and downed its price target to $1.50. In a note dated October 25, 2022, Rosenblatt initiated an Buy rating and provided a target price of $2 on this stock.
Ouster Inc experienced fluctuations in its stock price throughout the past year between $4.65 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 $9.98 at the most recent close of the market. An investor can expect a potential return of 25.25% based on the average OUST price forecast.
Analyzing the OUST fundamentals
Trailing Twelve Months sales for Ouster Inc [NYSE:OUST] were 105.45M which represents 26.41% growth. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -1.02%, Pretax Profit Margin comes in at -1.06%, and Net Profit Margin reading is -1.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is -0.65 and Total Capital is -0.56.
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 9.52 points at the first support level, and at 9.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.67, and for the 2nd resistance point, it is at 11.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Ouster Inc [NYSE:OUST] is 3.12. As well, the Quick Ratio is 2.83, while the Cash Ratio is 0.69. Considering the valuation of this stock, the price to sales ratio is 5.47, the price to book ratio is 2.88.
Transactions by insiders
Recent insider trading involved WEINSWIG MARK, Chief Financial Officer, that happened on Nov 29 ’24 when 518.0 shares were sold. Officer, Mark Weinswig completed a deal on Nov 29 ’24 to buy 590.0 shares. Meanwhile, Chief Financial Officer WEINSWIG MARK sold 31397.0 shares on Nov 20 ’24.
