Outfront Media OUT underwent analysis by 6 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 4 | 2 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 1 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 0 | 3 | 0 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $17.0, a high estimate of $18.00, and a low estimate of $16.00. The average price target has stayed the same, reflecting a consistent view from analysts.
Diving into Analyst Ratings: An In-Depth Exploration
A clear picture of Outfront Media's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Richard Choe | JP Morgan | Raises | Neutral | $18.00 | $17.00 |
Lance Vitanza | TD Cowen | Announces | Hold | $16.00 | - |
James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
James Goss | Barrington Research | Maintains | Outperform | $17.00 | $17.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Outfront Media. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Outfront Media compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Outfront Media's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Outfront Media's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Outfront Media analyst ratings.
Unveiling the Story Behind Outfront Media
Outfront Media Inc is a real estate investment trust involved in the ownership of advertising space on its portfolio of billboards and transit displays. The Company generates revenue in the form of rental income by allowing other companies to advertise on its properties and structures under short-term contracts. Outfront Media segments its operations into the United States and International units. Although it also owns assets in Canada and Latin America, the company derives the vast majority of its revenue from billboard advertising agreements in the U.S. Roughly half of the U.S. division's revenue comes from its displays in the New York City and Los Angeles markets. Outfront Media's major customers include entities within the retail, television, healthcare, and entertainment industries.
Unraveling the Financial Story of Outfront Media
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Outfront Media showcased positive performance, achieving a revenue growth rate of 3.21% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Real Estate sector.
Net Margin: Outfront Media's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -7.2%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -5.2%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Outfront Media's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.53%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Outfront Media's debt-to-equity ratio is below the industry average. With a ratio of 8.36, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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