Ouster (OUST) Expected to Announce Earnings on Thursday

Ouster (NYSE:OUST) is anticipated to post its quarterly earnings results after the market closes on Thursday, March 20th. Analysts expect Ouster to post earnings of ($0.57) per share and revenue of $30.00 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Ouster Stock Down 4.7 %

NYSE:OUST opened at $7.48 on Thursday. Ouster has a 52 week low of $4.65 and a 52 week high of $16.88. The company has a fifty day simple moving average of $10.07 and a two-hundred day simple moving average of $8.87. The company has a market cap of $372.29 million, a price-to-earnings ratio of -2.91 and a beta of 2.38.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Northland Securities started coverage on Ouster in a report on Thursday, December 12th. They set an “outperform” rating and a $14.00 price target on the stock. Northland Capmk raised Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $13.17.

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.