Outfront Media Inc (NYSE:OUT) shares traded 6.66% up during most recent session to reach at the closing price of $21.45. The stock exchanged hands 3.2 Million shares versus average trading capacity of 995.91 Million shares, yielding a market cap of $3 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $23.71 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Outfront Media Inc (NYSE:OUT) high price target of $28 and with a conservative view have low price target of $21.
Imperial Capital “Initiates Coverage On” Outfront Media Inc (NYSE:OUT) in a research note issued to investors on 9/13/18 to In-Line with price target of $22.
Additionally on 8/17/18 Citigroup “Maintained” Outfront Media Inc (NYSE:OUT) to Buy setting price target at $22 and on 8/09/18 Wells Fargo “Downgrades” the stock to Market Perform at $0. Furthermore on 6/22/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $22.
On the other hand the company has Relative Strength Index (RSI 14) of 71.48 along with Average True Range (ATR 14) of 0.76, Consequently Outfront Media Inc (NYSE:OUT)’s weekly and monthly volatility is 4.82%, 3.69% respectively. The company’s beta value is at 1.18.
In terms of Buy, Sell or Hold recommendations, Outfront Media Inc (NYSE:OUT) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Outfront Media Inc (NYSE:OUT)’s minimum EPS for the current quarter is at $0.3 and can go high up to $0.39. The consensus mean EPS for the current quarter is at $0.35 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.25 earnings per share for the same quarter during last year.
Previously Outfront Media Inc (NYSE:OUT) reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.3 by $0.03. The company posted an earnings surprise of 10%.
Outfront Media Inc (NYSE:OUT)’s revenue estimates for the current quarter are $434.3 Million according to 5 number of analysts, for the current quarter the company has high revenue estimates of $449.58 Million in contradiction of low revenue estimates of $412 Million. For the current year the company’s revenue estimates are $1.58 Billion compared to low analyst estimates of $1.56 Billion and high estimates of $1.6 Billion according to 6 number of analysts.
Currently Outfront Media Inc (NYSE:OUT)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 98.7%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0.01%.
Outfront Media Inc (NYSE:OUT)’s trailing twelve month revenues are $1.53 Billion, whereas its price to sales ratio for the same period is 1.95. Its book value per share for the most recent quarter is $7.72 while its price to book ratio for the same period is 2.78, as for as the company’s cash per share for the most recent quarter is $0.3, however its price to cash per share ratio for the same period is 71.88. The stock has 5 year expected PEG ratio of 3.98 whereas its trailing twelve month P/E ratio is 29.22.