With 2.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.46 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $15.7592 whereas the lowest price it dropped to was $14.22. The 52-week range on OUST shows that it touched its highest point at $16.88 and its lowest point at $4.65 during that stretch. It currently has a 1-year price target of $13.00. Beta for the stock currently stands at 2.40.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of OUST was up-trending over the past week, with a rise of 17.35%, but this was up by 63.42% over a month. Three-month performance surged to 126.51% while six-month performance rose 26.06%. The stock gained 109.01% in the past year, while it has gained 19.56% so far this year. A look at the trailing 12-month EPS for OUST yields -2.57 with Next year EPS estimates of -1.06. For the next quarter, that number is -0.34. This implies an EPS growth rate of 66.97% for this year and 20.41% for next year.
Float and Shares Shorts:
At present, 49.54 million OUST shares are outstanding with a float of 45.51 million shares on hand for trading. On 2024-12-13, short shares totaled 4.5 million, which was 905.00005 higher than short shares on 1731628800. In addition to Mr. Charles Angus Pacala as the firm’s Co-Founder, CEO & Director, Mr. Mark B. Weinswig C.F.A. serves as its CFO & Principal Accounting Officer.
Institutional Ownership:
Through their ownership of 0.43697 of OUST’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, OUST reported revenue of $28075000.0 and operating income of -$27508000.0. The EBITDA in the recently reported quarter was -$21624000.0 and diluted EPS was -$0.54.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for OUST since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With OUST analysts setting a high price target of 17.0 and a low target of 10.0, the average target price over the next 12 months is 13.0. Based on these targets, OUST could surge 16.36% to reach the target high and fall by -31.55% to reach the target low. Reaching the average price target will result in a decline of -11.02% from current levels.
Analysts have provided yearly estimates in a range of -$1.22499 being high and -$1.29631 being low. For OUST, this leads to a yearly average estimate of -$1.26914.
