Outfront Media Inc. (NYSE: OUT) Recovers 0.93% From 52-Week Low, Is OUT Still A High-Risk, High-Reward Play?

Outfront Media Inc. (NYSE:OUT) currently has a daily average trading volume of 1.94M but it saw 1712153 shares traded on Thursday. With a market cap of 2.31B USD, stock’s current market price of $14.09 came rising about 0.57 while comparing to the previous closing price of $14.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.65 and as low as $13.96. In the recent trading on the day, stock has struck highest price mark of $14.20 while lowest mark touched by it was $13.87.

Taking a look at 20-day trading activity of Outfront Media Inc. (OUT) gives us an average price of $14.92, while its current price level is -34.92% below from 52-week high level whereas it is 0.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $15.43 while that of 200 days or SMA-200 reads an average of $17.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.49% during that period while stretching the period over a month that increases to 3.22%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 35.90 which implies that the stock is in neutral territory.

Over the week, OUT’s stock price is moving -3.76% down while it is -11.33% when we observe its performance for the past one month. Year-to-date it is -15.02% down and over the past year, the stock is showing a downside performance of -24.37%.

The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.19 beaten by the consensus estimate of -$0.12 for the same. The company is expected to be releasing its next quarterly report in 08/03/2023, for which analysts forecasted an EPS of $0.25 while estimate for next year EPS is $0.81. For OUT, analysts are forecasting an EPS-growth rate of -3.60% for current year and estimate for EPS growth in next year is 14.80%. In next quarter, company is expected to be making quarterly sales of $485.8 million as analysts are expecting the sales for current fiscal year at $1.87 billion and seeing the company making $1.96 billion in sales next year. Moreover, analysts are in estimates of $471.8 million for current-quarter revenue.

Currently, Outfront Media Inc.’s total number of outstanding shares is 164.50M with 0.95% of that held by the insiders while 107.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.20% and return on equity (ROE) at 9.20%. It has a price to earnings ratio (P/E ratio) of 21.06 while having a 15.18 of forward P/E ratio. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 2.03 while price to sale or P/S ratio amounts to 1.29. Its return on asset (ROA) is 1.90% on average.

A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.14% in the Outfront Media Inc. (OUT) decreasing its stake to 6.44% with control over 14518.0 shares in the company. As per SEC documents, iShares Core S&P Small Cap ETF shunned 10,631,640 of company’s common stock of worth $177.12 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in Outfront Media Inc., as Vanguard Real Estate Index Fund dumped 6,132,954 shares of worth $102.18 million to bring its holdings to a total of 15579.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.05% in the company and now holds 4.59 million or 2.78% of the company’s stake having worth of about 76.39 million.