Outfront Media Inc. (NYSE:OUT) traded with the volume of 2.35 Million Yesterday. The Stock Opened its session at $23.32 and closed at $22.62 by showing an decrease of -2.84 percent. Outfront Media Inc. has 1 year price target of 25.63. The stock gained a consensus recommendation of 2.43 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 03 AMC. The company reported its last quarter on Jun 16.
On Jun 16 Outfront Media Inc. (NYSE:OUT) reported its EPS in the last quarter as $0.21/Share lagging the analyst estimate of $0.21/Share by the difference of $0. This showed the surprise of 0% in the last quarter earnings. For the Current Quarter, 4 analyst are projecting the mean EPS to be $0.03/share. According to their observations and findings, the stock could provide a high EPS of $0.06/share and a Low EPS of $0.01/share.
The 7 analysts offering 12-month price forecasts for OUTFRONT Media Inc have a median target of 26.00, with a high estimate of 28.00 and a low estimate of 24.00. The median estimate represents a +14.94% increase from the last price of 22.62. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of Outfront Media Inc. where they believe that the company has the potential to earn average revenue of $382.57 Million for the current quarter. According to their predictions High & Low revenue estimates are 385.09 Million and 380.77 Million respectively.
Outfront Media Inc. (NYSE:OUT) topped its 52-week high price of $24.44 on Nov 6, 2015 and 52-Week Low Price of $18.01 on Feb 12, 2016. The Stock currently has the market capitalization of $3.21 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 2.27%% and monthly volatility of 2.44%% respectively.
Outfront Media Inc. Gross Margin percentage stands at 45.4% while its Operating Margin for trailing twelve month is 5.8 percent and Profit margin (ttm) is -1.7 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 1.24% with the 50-Day Simple Moving Average of 1.24 percent. Currently, the company has SMA200 (200-day simple moving average) of 5.61 Percent. The Stock has YTD (year to date) performance of 8.52 percent.
Many research firms have provided their ratings on Outfront Media Inc. (NYSE:OUT) where Loop Capital provided Holdrating on the stock on 13-Sep-16. Other firms include Wedbush giving Neutral rating on 22-Jul-16.
The latest Insider trade was made on 17 Sep 2016 where Male (Jeremy J) Chief Executive Officer did a transaction type “Buy” in which 167 shares were traded at a price of $0. Another insider trade includes Chief Executive Officer Male (Jeremy J) who also initiated a transaction in which 14508 shares were traded on 17 Sep 2016 as “Buy”.
Outfront Media, Inc. is a lessor of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America. The Company’s portfolio primarily consists of billboard displays. It provides other value-added services to its customers, such as pre-campaign category research, creative design support and post-campaign tracking and analytics. The Company’s media products also include bulletins and wallscapes, spectaculars, digital billboards, buses and street furniture. It serves a range of customers that includes consumer-focused companies in the entertainment, retail, healthcare, telecom, restaurant, financial services, travel and leisure and automotive industries. Outfront Media Inc., formerly known as CBS Outdoor Americas Inc., is headquartered in New York.