Ouster, Inc. (NYSE:OUST – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Ouster in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard forecasts that the company will post earnings per share of ($1.63) for the year. Cantor Fitzgerald has a “Overweight” rating and a $10.00 price objective on the stock. The consensus estimate for Ouster’s current full-year earnings is ($2.20) per share.
Ouster (NYSE:OUST – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($0.54) earnings per share for the quarter. The business had revenue of $28.08 million for the quarter. Ouster had a negative return on equity of 65.17% and a negative net margin of 106.50%. During the same quarter in the previous year, the business earned ($0.89) earnings per share.
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Ouster Trading Down 0.5 %
OUST stock opened at $10.72 on Thursday. The stock has a market cap of $533.53 million, a P/E ratio of -4.17 and a beta of 2.39. Ouster has a twelve month low of $4.65 and a twelve month high of $16.88. The company’s 50 day moving average is $10.83 and its two-hundred day moving average is $9.48.
Insider Activity
In other news, CFO Mark Weinswig sold 31,397 shares of the business’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $8.72, for a total value of $273,781.84. Following the transaction, the chief financial officer now owns 198,650 shares of the company’s stock, valued at approximately $1,732,228. The trade was a 13.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Darien Spencer sold 14,869 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $9.69, for a total value of $144,080.61. Following the sale, the chief operating officer now directly owns 291,718 shares of the company’s stock, valued at approximately $2,826,747.42. This represents a 4.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,415 shares of company stock valued at $748,620. Insiders own 7.81% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in Ouster by 28.4% in the 3rd quarter. Van ECK Associates Corp now owns 7,264 shares of the company’s stock valued at $46,000 after purchasing an additional 1,608 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Ouster in the second quarter valued at approximately $27,000. SG Americas Securities LLC boosted its stake in shares of Ouster by 19.9% in the fourth quarter. SG Americas Securities LLC now owns 19,652 shares of the company’s stock valued at $240,000 after buying an additional 3,261 shares in the last quarter. Stoneridge Investment Partners LLC acquired a new position in Ouster during the third quarter worth $67,000. Finally, True North Advisors LLC purchased a new position in Ouster in the third quarter worth $78,000. 31.45% of the stock is currently owned by institutional investors and hedge funds.
Ouster Company Profile
Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.
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