Cantor Fitzgerald Forecasts Ouster FY2025 Earnings

Ouster, Inc. (NYSE:OUST) – Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Ouster in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will post earnings of ($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) last announced its quarterly earnings results on Thursday, November 7th. The company reported ($0.54) EPS for the quarter. Ouster had a negative net margin of 106.50% and a negative return on equity of 65.17%. The business had revenue of $28.08 million for the quarter. During the same quarter in the prior year, the firm earned ($0.89) EPS.

A number of other analysts have also issued reports on OUST. Rosenblatt Securities reiterated a “buy” rating and set a $17.00 price objective on shares of Ouster in a research note on Friday, November 8th. Northland Securities assumed coverage on shares of Ouster in a report on Thursday, December 12th. They issued an “outperform” rating and a $14.00 price target on the stock. Finally, Northland Capmk raised shares of Ouster to a “strong-buy” rating in a research note on Thursday, December 12th. One 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 data from MarketBeat, Ouster presently has an average rating of “Buy” and an average target price of $13.17.

Ouster Price Performance

NYSE:OUST opened at $10.46 on Thursday. Ouster has a 1 year low of $4.65 and a 1 year high of $16.88. The stock’s fifty day moving average price is $10.87 and its two-hundred day moving average price is $9.48. The company has a market cap of $520.59 million, a P/E ratio of -4.07 and a beta of 2.39.

Institutional Trading of Ouster

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

Insider Activity

In other Ouster news, General Counsel Megan Chung sold 13,671 shares of the firm’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $9.69, for a total transaction of $132,471.99. Following the sale, the general counsel now owns 149,647 shares in the company, valued at $1,450,079.43. This trade represents a 8.37 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Charles Angus Pacala acquired 50,954 shares of the business’s stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of $9.79 per share, with a total value of $498,839.66. Following the completion of the acquisition, the chief executive officer now directly owns 769,957 shares in the company, valued at approximately $7,537,879.03. This represents a 7.09 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 80,415 shares of company stock worth $748,620. 7.81% of the stock is currently owned by insiders.

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.