2 weeks Ago By Defense World Staff
Ouster ( NYSE:OUST – Get Free Report ) was upgraded by Cantor Fitzgerald from a “neutral” rating to an “overweight” rating in a research report issued on Monday, Marketbeat.com reports. The firm presently has a $10.
00 target price on the stock, down from their previous target price of $12.00. Cantor Fitzgerald’s target price points to a potential upside of 2.
35% from the stock’s current price. Several other research firms also recently weighed in on OUST. Westpark Capital reaffirmed a “buy” rating and issued a $17.
00 price objective on shares of Ouster in a research note on Monday, August 12th. Craig Hallum cut their price target on Ouster from $13.00 to $11.
00 and set a “buy” rating for the company in a research note on Wednesday, August 14th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $17.00 price objective on shares of Ouster in a research report on Friday, November 8th.
One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $13.00.
Read Our Latest Report on OUST Ouster Price Performance Ouster ( NYSE:OUST – Get Free Report ) last issued its earnings results on Tuesday, August 13th. The company reported ($0.53) earnings per share for the quarter.
Ouster had a negative return on equity of 65.10% and a negative net margin of 106.50%.
The company had revenue of $26.99 million for the quarter. Analysts forecast that Ouster will post -2.
4 EPS for the current fiscal year. Institutional Trading of Ouster A number of large investors have recently made changes to their positions in OUST. SG Americas Securities LLC acquired a new stake in shares of Ouster during the 1st quarter worth about $89,000.
Susquehanna Fundamental Investments LLC purchased a new stake in Ouster in the 1st quarter worth approximately $111,000. Russell Investments Group Ltd. raised its holdings in Ouster by 17.
2% in the 1st quarter. Russell Investments Group Ltd. now owns 49,611 shares of the company’s stock valued at $394,000 after acquiring an additional 7,269 shares during the last quarter.
Vanguard Group Inc. boosted its holdings in shares of Ouster by 7.6% during the first quarter.
Vanguard Group Inc. now owns 2,328,823 shares of the company’s stock worth $18,491,000 after purchasing an additional 164,360 shares during the last quarter. Finally, Lake Street Advisors Group LLC purchased a new stake in shares of Ouster in the first quarter valued at $79,000.
Institutional investors and hedge funds own 31.45% of the company’s stock. About Ouster ( Get Free Report ) 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. Featured Articles Five stocks we like better than Ouster How to Calculate Stock Profit Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 Options Trading – Understanding Strike Price Is Tesla’s Valuation a Bubble or Backed by Real Growth? What is the Euro STOXX 50 Index? Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? Receive News & Ratings for Ouster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ouster and related companies with MarketBeat.com's FREE daily email newsletter .
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