We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ouster, Inc. (OUST) Rises Higher Than Market: Key Facts
Read MoreHide Full Article
Ouster, Inc. (OUST - Free Report) ended the recent trading session at $27.41, demonstrating a +1.33% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.34% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.42%.
Heading into today, shares of the company had lost 3.22% over the past month, lagging the Computer and Technology sector's gain of 8.07% and the S&P 500's gain of 3.54%.
The upcoming earnings release of Ouster, Inc. will be of great interest to investors. The company is expected to report EPS of -$0.43, up 20.37% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $36.75 million, up 30.88% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.58 per share and revenue of $144.25 million. These totals would mark changes of +24.04% and +29.84%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Ouster, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Ouster, Inc. presently features a Zacks Rank of #2 (Buy).
The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ouster, Inc. (OUST) Rises Higher Than Market: Key Facts
Ouster, Inc. (OUST - Free Report) ended the recent trading session at $27.41, demonstrating a +1.33% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.34% for the day. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.42%.
Heading into today, shares of the company had lost 3.22% over the past month, lagging the Computer and Technology sector's gain of 8.07% and the S&P 500's gain of 3.54%.
The upcoming earnings release of Ouster, Inc. will be of great interest to investors. The company is expected to report EPS of -$0.43, up 20.37% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $36.75 million, up 30.88% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.58 per share and revenue of $144.25 million. These totals would mark changes of +24.04% and +29.84%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Ouster, Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Ouster, Inc. presently features a Zacks Rank of #2 (Buy).
The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.