Would It Be A Good Move Today To Sell Outfront Media Inc. (OUT) Stock?

As of Friday close, Outfront Media Inc.’s (NYSE:OUT) stock was down -$0.04, moving down -0.22 percent to $17.81. The average number of shares traded per day over the past five days has been 1,685,660 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.65 fall in that time frame. In the last twenty days, the average volume was 1,214,345, while in the previous 50 days, it was 1,720,310.

Since last month, OUT stock rose 2.53%. Shares of the company fell to $16.08 on 07/14/22, the lowest level in the past month. A 52-week high of $29.36 was reached on 03/29/22 after having rallying from a 52-week low of $16.07. Since the beginning of this year, OUT’s stock price has dropped by -33.59% or -$9.01, and marked a new high 7 times. However, the stock has declined by -39.34% since its 52-week high.

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Outfront Media Inc. (OUT) last reported insider trading activity 268 days ago on Nov 11. MARTIN PATRICK, the SVP, Controller, CAO of the company, disposed of 4,237 shares for $27.41 on Nov 11. It resulted in a $116,136 divestment by the insider. Male Jeremy J. sold 40,000 shares at an average price of $25.09 on Aug 27. The insider now owns 444,917 shares following the transaction. On Aug 27, EVP, General Counsel Sauer Richard H. sold 8,000 shares at $25.01 apiece. The transaction was valued at $200,080.

Valuation Metrics

Right now, Outfront Media Inc. (OUT) has a P/E ratio of about 34.52. The stock’s beta is 1.71. Besides these, the trailing price-to-sales (P/S) ratio of 1.77, the price-to-book (PB) ratio of 2.23.

The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Wednesday February 23 2022, a $0.20 dividend increase was announced.

Financial Health

In the three months ended June 29, Outfront Media Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 2.16. On the profitability front, the trailing twelve-month gross margin is 74.40% percent. In the year ended June 29, operating margins totaled 14.40%. Based on annual data, OUT earned $679.9 million in gross profit and brought in $1.46 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.60%. Return on equity (ROE) for the past 12 months was 7.50%.

In Outfront Media Inc.’s quarter-end financial report for June 29, it reported total debt of $2.62 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. OUT’s revenue rose 30.6% to $464.5 million during the quarter, while net income inched up to $373.5 million. While analysts expected Outfront Media Inc. to report $0.24 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by 16.70%. During the quarter, the company generated $118.3 million in EBITDA. The liabilities of Outfront Media Inc. were 4.57 billion at the end of its most recent quarter ended June 29, and its total debt was $4.17 billion. The value of shareholders’ equity is $164.05 million.

Technical Picture

This quick technical analysis looks at Outfront Media Inc.’s (OUT) price momentum. With a historical volatility rate of 37.11%, the RSI 9-day stood at 50.80% on 05 August.

With respect to its five-day moving average, the current Outfront Media Inc. price is down by -3.52% percent or -$0.65. At present, OUT shares trade +6.08% above its 20-day simple moving average and -33.79% percent below its 100-day simple moving average. However, the stock is currently trading approximately -4.40% below its SMA50 and -31.68% below its SMA200.

Stochastic coefficient K was 54.97% and Stochastic coefficient D was 69.08%, while ATR was 0.69. Given the Stochastic reading of 38.12% for the 14-day period, the RSI (14) reading has been calculated as 50.11%. As of today, the MACD Oscillator reading stands at 0.05, while the 14-day reading stands at 0.13.

Analyst Ratings

Wolfe Research launched its rating on Outfront Media Inc. (NYSE: OUT) to an Outperform in a note to investors on March 29, 2022. Outfront Media Inc. (OUT) has been rated Buy by analysts. According to 0 brokerage firms, OUT is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Outfront Media Inc. stock as buy, with 5 recommending it as overweight.

With a median target price of $29.50, the current consensus forecast for the stock is $22.00 – $34.00. Based on these forecasts, analysts predict Outfront Media Inc. (OUT) will achieve an average price target of $29.33.


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