Analysts Issue Forecasts for Ouster FY2025 Earnings

Ouster, Inc. (NYSE:OUST - Free Report) - Investment analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for shares of Ouster in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will earn ($1.63) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $10.00 price target 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 released its quarterly earnings results on Thursday, November 7th. The company reported ($0.54) earnings per share (EPS) for the quarter. Ouster had a negative return on equity of 65.17% and a negative net margin of 106.50%. The company had revenue of $28.08 million during the quarter. During the same period in the prior year, the firm posted ($0.89) earnings per share.

Several other research analysts have also issued reports on the stock. Northland Securities assumed coverage on shares of Ouster in a research note on Thursday, December 12th. They issued an "outperform" rating and a $14.00 price target for the company. Rosenblatt Securities reissued a "buy" rating and issued a $17.00 price target on shares of Ouster in a research report on Friday, November 8th. Finally, Northland Capmk upgraded Ouster to a "strong-buy" rating in a research note on Thursday, December 12th. One analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $13.17.

Ouster Trading Down 2.4 %

OUST traded down $0.26 during trading on Thursday, reaching $10.46. The stock had a trading volume of 1,419,973 shares, compared to its average volume of 1,763,201. The company has a market capitalization of $520.59 million, a price-to-earnings ratio of -4.07 and a beta of 2.39. The stock's 50 day moving average is $10.83 and its two-hundred day moving average is $9.48. Ouster has a one year low of $4.65 and a one year high of $16.88.

Insider Transactions at Ouster

In other news, CEO Charles Angus Pacala bought 50,954 shares of the firm's stock in a transaction on Thursday, December 12th. The shares were bought at an average price of $9.79 per share, for a total transaction of $498,839.66. Following the purchase, the chief executive officer now owns 769,957 shares in the company, valued at approximately $7,537,879.03. The trade was a 7.09 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Mark Weinswig sold 31,397 shares of the company'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 transaction of $273,781.84. Following the completion of 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 disclosure for this sale can be found here. Insiders sold 80,415 shares of company stock worth $748,620 in the last three months. Corporate insiders own 7.81% of the company's stock.

Hedge Funds Weigh In On Ouster

A number of hedge funds have recently made changes to their positions in the business. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Ouster in the 2nd quarter worth approximately $27,000. Van ECK Associates Corp raised its position in shares of Ouster by 28.4% during the third quarter. Van ECK Associates Corp now owns 7,264 shares of the company's stock valued at $46,000 after buying an additional 1,608 shares during the last quarter. Stoneridge Investment Partners LLC bought a new position in shares of Ouster during the third quarter worth $67,000. True North Advisors LLC purchased a new position in Ouster during the third quarter valued at $78,000. Finally, Intech Investment Management LLC bought a new stake in Ouster in the 3rd quarter valued at $81,000. Institutional investors own 31.45% of the company's stock.

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.