Ouster (NYSE:OUST - Get Free Report)'s stock had its "buy" rating restated by research analysts at Rosenblatt Securities in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $17.00 price target on the stock. Rosenblatt Securities' target price suggests a potential upside of 51.38% from the stock's previous close.
OUST has been the topic of a number of other reports. Northland Securities initiated coverage on shares of Ouster in a research note on Thursday, December 12th. They issued an "outperform" rating and a $14.00 target price on the stock. Northland Capmk upgraded Ouster to a "strong-buy" rating in a report on Thursday, December 12th. Finally, Westpark Capital assumed coverage on Ouster in a report on Monday, March 17th. They issued a "hold" rating for the company. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $13.33.
Check Out Our Latest Analysis on Ouster
Ouster Trading Down 0.1 %
Shares of OUST traded down $0.01 during trading hours on Friday, reaching $11.23. 1,213,510 shares of the company traded hands, compared to its average volume of 1,369,671. The stock's fifty day moving average price is $9.42 and its 200 day moving average price is $9.03. The firm has a market cap of $558.93 million, a price-to-earnings ratio of -4.37 and a beta of 2.38. Ouster has a 12-month low of $4.93 and a 12-month high of $16.88.
Institutional Trading of Ouster
A number of hedge funds have recently bought and sold shares of the stock. Intech Investment Management LLC bought a new position in shares of Ouster in the 3rd quarter worth $81,000. Charles Schwab Investment Management Inc. raised its holdings in Ouster by 10.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 356,407 shares of the company's stock worth $2,245,000 after purchasing an additional 34,743 shares in the last quarter. Centiva Capital LP purchased a new stake in shares of Ouster during the third quarter valued at about $167,000. Stifel Financial Corp boosted its holdings in shares of Ouster by 286.7% in the 3rd quarter. Stifel Financial Corp now owns 59,718 shares of the company's stock valued at $376,000 after buying an additional 44,275 shares in the last quarter. Finally, State Street Corp grew its position in shares of Ouster by 2.4% in the 3rd quarter. State Street Corp now owns 1,649,540 shares of the company's stock worth $10,392,000 after buying an additional 37,926 shares during the last quarter. Hedge funds and other institutional investors 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.
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